[Release] SATO Increases Production Capability for ECONANO® - The World’s First CO² Reducing Label
Tokyo, Japan, 15 February 2013 - SATO, a leader in barcode printing, labeling and EPC/RFID solutions announced today plans to increase production of its unique ECONANO® labels – the world’s first label series able to reduce CO² emissions released at the point of incineration. ACTiiEVe Corporation, responsible for the manufacturing of base materials used in ECONANO®, has established a new factory in Fukushima prefecture, Japan. This will enable SATO to significantly increase its ECONANO® manufacturing capabilities as of February 2013.
ACTiiEVe’s New Factory:
Fukushima Yabuki Factory
A Roll of ECONANO® Labels
The new factory began the manufacture of the special CO² absorbent utilized in the production of ECONANO® on February 10, 2013, with the full production system to produce ECONANO® labels in place by the end of the month. This new production system will enable SATO to produce a much higher volume of ECONANO® labels, with up to 10% of its total label production as ECONANO® labels.
“SATO’s mission has always been to contribute to society through its main business,” said Etsuo Fujii, President of SATO Corporation. “Increasing our production capabilities for ECONANO® in this way demonstrates that we are increasingly trying to make this contribution through environmentally-focused products and solutions. As demand for ECONANO® labels increases, it is our sincere hope that we will one day produce 100% of our labels products as ECONANO® labels.”
ECONANO® was developed by SATO Group in collaboration with Professor Masahiko Abe at the Department of Science and Engineering, Tokyo University of Science, and the University's venture company, ACTiiEVe Corporation. ECONANO® labels contain a special CO² absorbent in their adhesive. When incinerated, this absorbent reduces the amount of CO² emitted by approximately 20%. SATO Group began sale of ECONANO® in Japan in November 2011 and has seen sales to businesses including major electronic appliance retailers and supermarkets since that time.
SATO is a pioneer and leading global provider of integrated Automatic Identification and Data Collection Solutions that leverage barcode and RFID technologies. SATO manufactures innovative, reliable auto-identification systems and offers complete solutions to businesses by integrating hardware, software, media supplies and maintenance services. Customers rely on SATO for accuracy, labor and resource savings.
Founded in 1940, SATO is publicly listed on the first section of Tokyo Stock Exchange in Japan. It has sales and support offices in over 20 countries and is represented globally through a world-class network of partners. For the fiscal year ended March 31, 2012, it reported revenues of JPY 80,536 million (US$ 1.0187 billion). More information about SATO can be found at www.satoworldwide.com.
*Conversion is based on an average exchange rate of 1 US Dollar = 79.06 Japanese Yen.
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SATO Holdings Corporation
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