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Mitsubishi Chemical to adopt a "product traceability platform" to build a reliable chemical recycling supply chain

Mitsubishi Chemical Corporation (MCC) has decided to adopt the "Product Traceability Platform" from Circularise Japan K.K., as part of its efforts for the social implementation of sustainable materials and
to build a reliable supply chain for the chemical recycling business that is scheduled for commercialization in fiscal year 2025.

MCC is now actively promoting the social implementation of sustainable materials. In the future, further
diversification of raw materials and the expansion of chemical recycling facilities are expected and compliance with international standards such as the International Sustainability Carbon Certification (ISCC PLUS Certification) will be required. Therefore, MCC believes that it is important to communicate the origins and environmental value of the raw materials used in its products to society and its customers in a reliable manner.

With this background, MCC has decided to adopt the "Product Traceability Platform" from Circularise. With this system, MCC will be able to centralize and simplify mass balance credit management operations. The "Product Traceability Platform" will not only accurately manage information on the origins and quantities of the raw materials internally, but also enable MCC to provide customers with clear and reliable information necessary to accurately evaluate the environmental value of its products.

In July 2025, MCC obtained ISCC PLUS certification for the chemical recycling facilities installed at its Ibaraki Plant (Kamisu City, Ibaraki Prefecture). The chemical recycling facility is planned to start commercial operation and provide mass balance products within fiscal year 2025, and MCC will strengthen the traceability of the raw materials and products through the introduction of this system by
then.

*Mass balance refers to the allocation of percentages of specific used raw materials (e.g., recycled raw materials) to any product when manufacturing with multiple raw materials (e.g., raw materials derived from petroleum and recycled raw materials derived from waste plastic).

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