On September 9, 2022, Inabata Thai Co., Ltd. established Clover Plastics (Thailand) Co., Ltd., a wholly owned subsidiary of Inabata Thai, to manufacture and sell recycled plastics, after receiving the business from Micro Precision Component Co., Ltd. Clover is headed by Inabata Thai President Naoya Kitamura, has 28 employees, and is located at Pinthong Industrial Estate, approximately 200 km south of Bangkok.

Micro Precision Component has over 10 years of experience in recycling engineering plastics in Thailand. Adding the capability of manufacturing recycled plastics to the Inabata Plastics Compound (IKPC) Group reinforces its function in the plastics industry.

Recycled pellets are mainly sold to automotive parts and home appliance manufacturers in Thailand.

Name: Clover Plastics (Thailand) Co., Ltd.
Address: 150/87 Moo9, Nongkham, Sriracha, Chonburi 20110 THAILAND
Phone：+66-89-933-8228

Tsuyoshi Kajimoto, in charge of marketing recycled plastics at Inabata Thai, said, “Inabata Thai Group had not made a full-scale entry into the engineering plastics recycling business until now. However, with the rise in environmental awareness among consumers and governments in recent years, the value of recycled plastic has increased. Inabata Thai has decided to enter the business because it believes it can be profitable.”