JEPLAN, Inc. is set to go public on the NYSE through a merger with AP Acquisition Corp, aiming to enhance its PET chemical recycling operations and capitalize on the growing market for sustainable products.

Information on the Target

JEPLAN, Inc. is a pioneering Japanese company specializing in PET (polyethylene terephthalate) chemical recycling technology. The company focuses on transforming waste materials, such as food packaging, plastic PET bottles, and polyester fibers, into recycled PET (r-PET) resin and Bis(2-Hydroxyethyl) terephthalate (r-BHET) resin for the manufacture and distribution of various r-PET products, including textiles and bottles. With a strong commitment to promoting a circular economy, JEPLAN aims to reduce environmental impact by recycling waste products back into usable materials.

The firm currently operates two recycling facilities in Japan and is in the process of establishing an additional facility dedicated to both chemical recycling and research and development. JEPLAN’s innovative technology has positioned it as a leader in the global market for recycled PET products, demonstrating significant sustainability benefits. A Life Cycle Assessment conducted by Japan’s Ministry of the Environment indicates a potential 45% reduction in greenhouse gases when producing r-PET products compared to traditional virgin PET manufacturing methods.

Industry Overview in Japan

The recycling industry in Japan has been progressing toward sustainability as public awareness about plastic pollution continues to rise. Government regulations and initiatives are driving increased investment and inno