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esa, a company specializing in recycling technology for composite plastics, received an investment of ¥950 million from Mitsubishi UFJ Morgan Stanley Securities on February 25. Their proprietary 'esa method' effectively recycles composite plastics, traditionally deemed unsuitable for recycling, into reusable pellets called 'Repla,' which can reduce CO2 emissions by up to 87%.

The investment is part of Mitsubishi's Japan Inclusive Ventures Lab initiative, supporting startups. The funds will facilitate R&D expansion and partnerships with municipalities and manufacturers domestically, as well as accelerate international market deployment.