FUKUTOMI COMPANY LIMITED

Fukutomi Company Limited was founded in 1984 by Dr. Steve Wong with only one staff member at the beginning. Started from watches and plastic scrap business, Fukutomi has grown into a large conglomerate of 100+ employees with “plastic scrap” now remains the core business of the company. Today, the company’s annual sales turnover exceeds 2 billion Hong Kong Dollars.

In view of the rapid business growth in the late 80’s, management decided to develop channels and network of supply in potential countries across the world by setting up associate companies and developing business partners worldwide. Europe and USA are our major markets of supply, followed by Australia and Asia. Today Fukutomi’s operation spans across 15 countries in Europe, USA, Australia, Asia and South Africa with our associate companies collecting various types of industrial plastic scraps locally and shipping them to Hong Kong and China in containers.

With the evolving global economy, the ever-changing market requirements and the increasing demand of environmental protection, Fukutomi dynamically developed the use of recycled plastic scrap. To prove our commitment to environmental protection and to follow the company’s objective of sustainable development, Fukutomi Merchandising Company Limited, which manufactures plastic products from plastic scrap materials, was officially established in 2003 to handle the exports and trading of finished products.

In 2006, Fukutomi (Shantou) Industrial Co. Ltd. was established in Shantou, China and decided to invest in a science and technology park within the Shantou Free Trade Zone.

The Shantou Fukutomi Green Science and Technology Park covers an area over 94,000m2. Initial phase production lines include production of multimedia packaging products, blister used for packaging purpose, plastic pallets for industrial use by using prime and recycled materials; compounding of engineering plastics; and production of biodegradable Polylactic Acid products. All these activities are to strengthen and enhance our commitment to achieving the company’s objective.

The utilization of biodegradable materials in replacing the traditional petroleum-based plastics for environmental protection has become the world trend of today. Fukutomi has produced products such as golf tees and flower pots from Biodegradable Polylactic Acid. These products were exhibited at the Environmental Protection Trade Fair in Hong Kong in the last few years.

In addition to the “ISO 9001:2008 Quality Management System” and “ISO 14001:2004 Environmental Management System” certificates Fukutomi accredited in 2010, Fukutomi Company Ltd. and Fukutomi (Shantou) Industrial Limited has also received the “Recycled Material Verification Statement” issued by TÜV Rheinland in 2011.

While construction of the plastic scrap recycling plant in Tseung Kwan O Industrial Estate will be kicked off in 2014, an interim recycling plant has been set up in Yuen Long in 2012. The plant not only handles sorting, crushing, separation, washing and pelletization of WEEE and other plastic scrap, but also EPS recycling.

As a consequence of industrial transformation in Southeast Asian region and dramatic increase on production cost in Mainland China in recent years, many international enterprises have gradually moved their manufacturing plants out of China to other Southeast Asian countries such as Vietnam, Philippines, Thailand and Cambodia. In view of this trend, Fukutomi has decided an investment for a construction project in Vietnam Singapore Industrial Park (VSIP) which is an collaboration between the Vietnam and Singapore governments in Binh Duong Province, Vietnam. The total land surface area is around 7,000m2. It is planned that construction will complete and operations commence in 2015.

Many renowned international enterprises have invested in VSIP due to its well-established industrial infrastructure such as provision of utility supplies and sewage treatment, proximity to local airport and ports and high accessibility by road transport.

The production model is to collect production scrap from local factories, and to produce recycled re-pro pellets by sorting, grinding and pelletizing in order to supply raw materials for local manufacturing industries, such as hangers production.

The vision of “Fukutomi Company Limited” is to become a leading enterprise committing to helping the society promote the use of present resources through recycling activities. We will strive to improve our competitiveness and seize business opportunities for development, whilst at the same time conducting research in developing more green products that contribute to the world’s sustainable development.

Mission

• Sorting, reprocessing and recycling of plastic scrap materials;
• Research and development, reprocessing and compounding different types of engineering plastics for reuse in production;
• Apply and use environmental friendly materials in the production of plastic products;

Vision

Fukutomi's vision is to become a leading plastic recycler, whilst at the same time following and promoting the highest environmental protection standards. Fukutomi will keep on improving its competitiveness and seize opportunities for further development. In addition to developing environmental friendly products, we would lead the recycling industry and contribute to a sustainable development.

Quality and Environmental Policy

• We will continue to strengthen the capability of our staff and subcontractors, pay attention to each project phase to ensure quality and environment are concerned in a responsible manner;
• We will make good use of natural resources, avoid pollution and prohibit wastage of energy;
• We aim to become a leading plastic recycler, whilst at the same time following and promoting the highest environmental protection standards. We will keep on improving our competitiveness and seize opportunities for further development. In addition to develop environmental friendly products, we would lead the recycling industry and contribute to a sustainable development;
• We have established annual objective to continuously improve all activities which would affect our quality and environment, and;
• We advocate the company's quality and environmental management policies, which will be communicated to all of our employees, suppliers, contractors and other interested parties. We assure our collection and sale of plastic recycling activities are in line with the requirements specified by our management system and all quality and environmental legislations, standards and regulations applicable;