TOKYO, Idemitsu Kosan Co.,Ltd. (Head Office: Chiyoda-ku, Tokyo; Representative Director, President and Chief Executive Officer: Shunichi Kito; hereinafter referred to as 'Idemitsu') has developed a new engine oil, IDEMITSU IFG Plantech Racing (viscosity grade: 0W-20), which uses more than 80% plant-based raw materials (hereinafter referred to as 'the Product'). The Product has obtained API (American Petroleum Institute) SP certification*¹, making it the world's first*² engine oil with racing performance*³ and API SP certification using a plant-based raw materials. The Product has also obtained Biomass Mark certification*4 (certification number: No.230315) issued by the Japan Organics Recycling Association. This top-tier model inherits the DNA of the 'IDEMITSU IFG/IRG Series,' which is sold primarily in the 13 countries where Idemitsu's lubricant overseas affiliates. The Product is expected to go on sale around November 2024, with further details to be announced in October. Source: BERNAMA News Agency