Announcements
Jan 16,2025
EF Polymer announced that “EF Polymer,” which is completely biodegradable, developed using our proprietary technology, has achieved cumulative sales of 400 tons.
Sales Summaries
Starting with sales in the Indian market in the latter half of 2020, EF Polymer has been developing business mainly in regions where drought damage is severe. The main sales development flow is shown below:
● 2020: Sales begin in India
● 2021: Sales begin in Japan
● 2023: Sales begin in the US
● 2024: Sales begin in France
In fiscal 2024, sales results are expected to increase approximately 5 times compared to last year. In India, users are being expanded while strengthening cooperation with regional agricultural cooperatives, and growth is being accelerated through collaboration with major agencies and startups. Meanwhile, in Japan, market development through JA and agencies has progressed steadily, and sales of our EC site have also been steadily progressing. We achieved sales in all 47 prefectures this fiscal year.
Demand for water retention agents in the agricultural sector is expected to increase further in the future due to effects such as water shortages due to droughts occurring around the world and soaring fertilizer prices. Also, in 2025, we will strengthen the construction of empirical test data and business development in the US and France, and work to deliver EF polymers to even more producers.
Impacts on the environment and society
EF Polymer uses conventionally discarded residue, such as orange and banana peels, as raw materials, and has upcycled approximately 4,000 tons of residue so far. This reduces the environmental impact associated with waste disposal and contributes to the realization of a circular economy. Furthermore, by providing 100% naturally derived EF polymers to industries where ultra-absorbent polymers derived from petroleum are the mainstream, mainly in daily necessities and cosmetics, we are promoting the creation of sustainable products that are friendly to people and the environment. In the future, we will proceed with research on diversification of raw materials other than orange and banana peels, and strengthen efforts to realize local production digestion of the EF polymer model.
Furthermore, in 2023, an irrigation dam was destroyed due to war, and 5 tons of EF polymer were donated jointly with 50 Okinawan companies to producers in the Kherson region in southern Ukraine suffering from water shortages. As a result of this initiative, EF Polymer's social value and support activities have also been evaluated internationally.
Narayan Ghaljal, founder and CEO of EF PolymersIt is stated as follows. “I am delighted that the water shortage solution technology I devised when I was a student is now being accepted around the world and delivered as a product to many people. EF Polymer aims not only to provide products, but also to contribute to solving issues faced by users. Furthermore, by constructing recycling-oriented models around the world, we aim to realize truly sustainable manufacturing.”
