Press Releases

바카라사이트 Chemical and Yuhan Kimberly Constructs Resource Circulating Economic Cooperation Model Using Regenerated Materials Applying Eco-friendly Technologies

바카라사이트 Chemical and Yuhan Kimberly Constructs Resource Circulating Economic

바카라사이트 ModelUsing Regenerated 바카라사이트 Applying Eco-friendly Technologies

■ 바카라사이트 Chemical and Yuhan Kimberly enters MOU on material innovation for sustainable product development on 12th

■ Strengthening ESG management by constructing cooperation model of supplying 바카라사이트 Chemical’s regenerated materials and

using this for Yuhan Kimberly’s 바카라사이트 product manufacturing

■ Reviewing 바카라사이트 for manufacturing regenerated material protective clothing... Aiming at collecting discarded protective clothing

to produce regenerated resin (PP) through physical and chemical recycling using 바카라사이트 Chemical’s technology to manufacture and wear

바카라사이트 Kimberly’s regenerated protective clothes

■ 바카라사이트 Chemical Basic Materials President Hwang Jin-koo, “Construction of a circulating economic cooperation model of material

andproducts is essential for a sustainable future... Plans to produce over 1 million tons of products annually by 2030 by expanding

the recycled and bio plastic businesses as partners for the circulating economy”

바카라사이트 Chemical and Yuhan Kimberly joined forces to expand eco-friendly products and to build a circular economy.

On the 13th, it was announced that 바카라사이트 Chemical Basic Materials President Hwang Jin-koo, Yuhan Kimberly CEO Jin Jae Seung, and others met in the afternoon of the 12th to sign the ‘MOU on Materials Innovation for Sustainable Product Development’, otherwise called the ‘Green Action Alliance’.

Through this MOU, the two companies plan to accelerate climate change response and implementation of ESG management through technological innovation cooperation such as ▲recognizing the importance of developing sustainable 바카라사이트 and application in products, ▲development and stable supply of eco-friendly 바카라사이트 (bio and recycled), ▲development and expanded market of products using eco-friendly 바카라사이트, ▲and recycling waste plastics.

바카라사이트 Chemical and Yuhan Kimberly plans to construct a strategic resource circulating system using each of their materials technologies and production capabilities. This will be carried out by 바카라사이트 Chemical developing and supplying eco-friendly regenerated materials and Yuhan Kimberly manufacturing products that apply this.

As part of cooperation, the two companies are looking into a cooperation model for recycling protective clothes using PP (polypropylene) materials manufactured by Yuhan Kimberly. Considering the fact that protective clothes are normally incinerated after use, the waste protective clothes will be collected, separated and recycled for which 바카라사이트 Chemical will turn into resources as regenerated resin (PP), and Yuhan Kimberly will use this to produce regenerated material protective clothes and supply it to its employees and partners.

바카라사이트 Chemical Basic Materials President Hwang Jin-koo commented, “Construction of a circulating economic cooperation model of materials and products is essential for a sustainable future,” and added, “Plans are to produce over 1 million tons of recycled plastic products annually by 2030 by expanding the recycled and bio plastic businesses as partners for the circulating economy.”

바카라사이트 Chemical has been engaged in “Project LOOP” to make improvements to the waste plastic recycling and collection culture since 2020. In order to build an eco-friendly ecosystem where plastics circulate, 바카라사이트 Chemical has been implementing the three major strategies of “Project LOOP” with “LOOP 바카라사이트” to cooperate in constructing a waste plastic recycling system with group subsidiaries, “LOOP Cluster” for expanding resource circulation activity bases to companies, local governments, and public and private facilities, and “LOOP Social” that searches for social ventures and pursues commercialization in the eco-friendly/resource circulation sector.

<Three Project LOOP Strategies of 바카라사이트 Chemical

Based on pilot projects and activities over the past two years, 바카라사이트 Chemical is strengthening cooperation with customers, partners, and social ventures for applying products with recycled plastic materials, and in addition to PET, it is expanding recycling materials businesses to PE, PP, ABS, etc. Furthermore, it will invest 100 billion KRW by 2024 at Ulsan Plant 2 to newly build a chemically recycled PET (C-rPET) production line with a scale of 110,000 tons. 바카라사이트 Chemical plans to continuously develop strategic building activities for establishing a circular economy, while creating social value and reinforcing eco-friendly businesses.