AHKSY - Asahi Kasei Plastics Singapore secures approval to produce sustainable plastic

• Asahi Kasei Plastics Singapore, a wholly owned subsidiary of diversified Japanese multinational company Asahi Kasei ( OTCPK:AHKSY ), stated Tuesday it has acquired an international certification ISCC PLUS for its polyphenylene ether (PPE) as a sustainable product.
• The certification received on Sept. 19 allows Asahi Kasei Plastics Singapore to produce and sell PPE using sustainable raw material assigned by the mass-balance method.
• The company told production of PPE using biomass-derived raw material is scheduled to begin in January 2023.
• PPE is an engineering plastic that is blended with other resins such as polystyrene and polyamide to form modified PPE (m-PPE). "Asahi Kasei’s Xyron m-PPE is widely used in automotive parts, consumer electronics, and industrial products," report.

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