We attended the groundbreaking ceremony for the joint venture company with UACJ Corporation, held at their Fukui manufacturing plant.

The new joint venture company was established to accelerate the promotion of horizontal recycling of aluminum cans. By creating a new supply chain from UBC (used beverage can) collection to aluminum can-derived pellets, we aim to increase domestic UBC usage, promote the SDGs, and improve the CAN to CAN recycling rate.

Groundbreaking Ceremony Overview

Event Name：UACJ Corporation Fukui Manufacturing Plant UBC Processing Plant Building Construction Groundbreaking Ceremony
Date：March 19, 2024
Location：Fukui Manufacturing Plant

UBC Processing Facility Overview

Investment Amount：Approximately 5.2 billion yen
Building Completion：May 2025
Start of Operations：2025

New Joint Venture Company Overview

Name：To be determined
Location：Within UACJ Fukui Manufacturing Plant, Sakai City, Fukui Prefecture
Representative：To be determined
Capital：100 million yen
Investment Ratio：UACJ 60%, Yamaichi Metal 40%
Number of Employees：Approximately 50 (planned)

This project aims to achieve significant CO2 reduction and industrial waste reduction by accelerating the horizontal recycling of used aluminum cans back into new aluminum cans. The groundbreaking ceremony was attended by representatives from key companies involved in the plant construction, who expressed their strong commitment to future cooperation and sustainable development.

The joint venture company is scheduled to start operations in April 2025 and will continue to pursue sustainable development initiatives.

References：Establishment of Joint Venture with UACJ: Providing Yamaichi Metal’s Unique Aluminum Can Recycling System (March 7, 2023)
References：Signing of Basic Agreement for Cooperation with UACJ on UBC Processing (November 22, 2021)