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Thursday, 6 June 2019, 13:30 HKT/SGT
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Source: Showa Denko K.K.
Showa Denko Group Recycles 4.79 Million Aluminum Cans in FY2018

TOKYO, June 6, 2019 - (JCN Newswire) - Showa Denko (SDK; TSE:4004), its Group companies, and their cooperative companies continued to perform aluminum can recycling activity in fiscal 2018 (April 2018 - March 2019), collecting approximately 4.79 million cans: equivalent to about 75 tons of aluminum when converted at the rate of 15.7 grams of aluminum per can.

Poster for the aluminum can recycling campaign in FY2019

Showa Aluminum Can Corporation, a consolidated subsidiary of SDK, started its aluminum can recycling activity in 1972. The activity spread across the Showa Denko Group in 2001, continuing until today. In SDK, we have in-house program to educate employees about aluminum can recycling and officially commend workplaces and individual employees in accordance with employees' participation rate or volume of collected cans, aiming to vitalize the recycling activity. In fiscal 2018, a total of 7,867 employees, or 96.9% of all Group employees in Japan, participated in the activity.

Collected aluminum cans are purchased by the Group, and used mainly by Showa Aluminum Can Corporation to produce aluminum cans to contain beverages. Recycling of aluminum cans not only contributes to the promotion of efficient use of resources, but also reduces electricity consumed to produce aluminum by 97%, compared to the process in which we produce aluminum from bauxite ore. The Group donates the money resulting from the recycling activity to regional councils of social welfare, welfare facilities, and volunteer groups that aid people with special needs. Thus, this activity has been firmly established as a social action of the Showa Denko Group.

The Showa Denko Group regards fulfillment of corporate social responsibility (CSR) as the basic principle of its management, and aims to contribute to solution of social issues, which leads to achievement of Sustainable Development Goals (SDGs), through the Group's business activities. In addition to the aluminum can recycling, the Group has been operating businesses which support creation of recycling-oriented society, including production of ammonia utilizing used plastics as raw material and production of graphite electrodes which are essential for recycling of iron and steel scraps. Through provision of products and services, the Showa Denko Group will continue contributing to creation of society where affluence and sustainability are harmonized.


Contact:
Showa Denko K.K., Public Relations Office, Tel: 81-3-5470-3235


Topic: Community Service
Source: Showa Denko K.K.

Sectors: Metals & Mining, Print & Package
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