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Recently, the Japanese material development start-up TBM announced that it will build a factory in China's Henan Province to mass-produce materials that can replace plastics using limestone as raw materials
.
TBM said the new plant will produce the plastic replacement material "LIMEX" in the Chinese market
.
According to TBM estimates, the new plant in Henan Province will require 10 billion yen in construction funds
.
TBM will also work with Henan Province to build product recycling infrastructure using new materials
.