Company: SEAH
Filing Date: 2025-11-24
Form Type: F-1/A
Source: 0001213900-25-113788
Chunk: 93

Company: Seahawk Recycling Holdings, Inc.
Filing Date: 2025-11-24
Form: F-1/A
Chunk 93
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 plants employ sophisticated de -inkingtechniques to eliminate ink, adhesives, and coatings from used paper, producing higher -qualityrecycled output. Improved fiber recovery systems extract stronger, longer fibers from recycled materials, boosting the durability and quality of recycled paper products. Additionally, automated waste sorting technologies, such as AI -drivensystems and optical sensors, enable rapid and precise separation of paper from other waste, minimizing contamination and optimizing recycling operations. These breakthroughs have transformed the paper industry by increasing the supply and quality of recycled paper while reducing the environmental footprint of paper production and recycling. Competitive Landscape of Recycling Market in Japan Competition Overview The proactive development of the circular economy in Japan has led to a highly competitive and fragmented Japanese recycling market in 2024. In the segments of collection, sorting, processing, and reuse of recyclable resources such as waste paper and metals, there are over 110,000 players in Japan. Approximately 10,000 players are involved in waste sorting and treatment, while only around 400 are engaged in the final processing and reuse, which is primarily attributed to the increasing technical requirements and complexity. In light of the variances in business coverage, the primary market players in Japan’s market can be categorized as follows: 1)Large, integrated industrial groups with waste recycling operations are typically leading domestic and multinational companies with diversified business layouts and full industry chain coverage, dominating the market. For instance, in the metal recycling sector, companies such as DOWA, TANAKA, Sumitomo Metal Mining, and Mitsubishi Corporation, etc., possess advanced technologies for metal development, refining, and processing, as well as extensive downstream customer resources. Therefore, leveraging strong economies of scale and resource integration capabilities, they can further extend into the waste metal recycling business, enhancing their market competitiveness with higher recycling rates, larger capacities, and lower costs. Furthermore, their well -establishedbusiness models enable them to utilize waste metal recycling as a raw material for their core products, thereby continuously strengthening their market positioning. In the field of waste paper recycling, Oji Holdings and Nippon Paper Group, for instance, have also expanded their operations to utilize waste paper recycling as a substitute for certain raw materials. 64 2)Specialized recyclers, including Nansei Steel, SOUGOUSEIBI Total Waste Management, and the Company, primarily concentrate on the recycling, sorting and treatment of categories such as waste metals and paper. They supply processed products to the relevant downstream customers. Leading companies usually establish self -ownedfactories in