Honda announces the results of resource-recycling efforts on Japan’s End-of-Life vehicle recycling law

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Honda announces the results of resource-recycling efforts on Japan\'s End-of-Life vehicle recycling law

By Greentech Lead
Asia
: Honda Motor has disclosed results of the recycling/recovering of
fluorocarbons, airbags, and Automobile Shredder Residue (ASR) based on Japan’s
End-of-Life Vehicle (ELV) Recycling Law for the fiscal year ended March 31,
2012.

Honda has collected fluorocarbons from approximately 320,000
units of ELVs. The number represents a 16 percent decrease from the preceding
fiscal year.

The number of ELVs from which airbags were collected was
approximately 240,000 units, a decrease of 6 percent compared to the preceding
fiscal year.

The company has collected ASR from approximately
370,000 ELVs units as the final stage of the ELV treatment, a decrease of 20
percent compared to the preceding fiscal year.

The recycling rate of airbag inflators and ASR was 93.6
percent and 93.3 percent, respectively while the  ordinances of the
relevant ministries mandates 85 percent for airbag inflators and 70 percent for
ASR by the fiscal year ending March 31, 2016.

Honda has spent 3.48 billion yen for the recycling
efforts, which was 290 million yen less than the total recycling deposits
received which was 3.77 billion yen. Honda will continue its efforts to ensure
proper treatment of ELVs and further increase recycling rates.

Honda in pact with the Japan Metals & Chemicals to recycle
rare earth metals

Recently, Honda Motor and the Japan Metals & Chemicals
jointly established a process to extract rare earth metals from various used
parts in Honda products, in an actual mass-production process at a recycling
plant. Honda will pursue the recycling of precious resources by utilizing the
newly established process for the recycling of rare earth metals.

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