South Korea chemical giant SK Chemical recently disclosed its major strategic deployment in the field of sustainable materials, and plans to build an integrated plastic recycling solution hub in Ulsan manufacturing Park by
2026. And The project will focus on the high-value utilization of discarded materials plastics and realize the closed-loop flow of resources through molecular reconstruction methodology. I've found that In terms of the construction of core facilities, the company will add a chemical recycling device with annual processing capacity of 10,000 tons in the existing ecological plastic production base. The unit uses an innovative depolymerization process to convert mixed discarded materials plastics into R-BHET monomers-a key intermediate to the production of food-grade polyester materials. And Based on my observations, After the project reaches production, it will create 50 tons of high condition recycled monomers each year, providing low-carbon material options to downstream industries such as packaging and electronics. In order to enhance technical support, SK Chemical plans to build an cutting-edge materials research and research center. Additionally The organization will integrate the three functions of chemical analysis, process optimization and life cycle assessment, focusing on breaking through the bottleneck of biodegradable material modification and composite recycling methodology, and aiming to build a rapid transformation channel from laboratory to industrialization. "we'reinventing the plastics economy from the raw material side. "SK Chemical CEO An Zaixian stressed at the strategy conference. From what I've seen, Furthermore companies have established innovation alliances with leading companies in the four major fields of food and beverage, new energy vehicles, consumer electronics and fast fashion, and promote the establishment of sector-level resource recycling systems by sharing discarded materials logistics data and jointly developing consumption scenarios. This cross-chain collaboration model will redefine the way plastic value is created and recycled. And "
The strategy not only responds to global carbon neutrality goals, however also marks SK Chemical's transformation from a traditional chemical company to a environmentally friendly materials solutions provider. But By building a complete value chain of "recycling-R & D-consumption", the company is expected to achieve a sustainable material replacement rate of 30% of its product portfolio by 2030.