JELLY BEANS GROUP Co.,Ltd. [3070.T]
TOKYO, Apr 02 (Pulse News Wire) – Jelly Beans Group CO.,LTD. (3070.T) resolved at today’s board meeting to establish a special purpose company (SPC) aimed at advancing its urban oilfield business operations.
The SPC will focus on converting waste oils and plastics into recycled fuel oil at the Tatsuno Regenerated Fuel Oil Plant in Hyogo Prefecture. Key objectives include limiting operational risks to the SPC's assets, maximizing capital efficiency through flexible funding options, and addressing societal issues such as reducing electricity costs and carbon emissions. The SPC, named JB Tatsuno, will have a capital of ¥1 million and be established in April 2026. JB Sustainable and Secondary Resources Holdings will hold shares with rates of 70% and 30%, respectively.
The SPC will handle everything from raw material procurement to manufacturing and sales of regenerated fuel oil. It plans to launch operations within April 2026, aiming to reduce financial burdens while accelerating growth through leveraged strategies. The company intends to explore similar project-based models for future ventures involving regenerative fuel plants and battery-related businesses. Further developments and potential impacts on consolidated earnings will be disclosed as necessary.
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