- Exhibition of circular recycled materials and waste plastic
recycling comprehensive solutions
- "We will further accelerate our expansion into North America by strengthening brand owner
marketing."
ORLANDO,
Fla. and SEONGNAM, South
Korea, May 13, 2024 /PRNewswire/ -- Following
Chinaplas last month, SK chemicals plans to expand the global
market by introducing technology that leads the circular recycling
industry in North America."
SK chemicals (CEO Jae-hyun Ahn) participated in NPE 2024 (NPE
2024: The Plastics Show, hereinafter NPE) held at the Orange County Convention Center (OCCC) in
Orlando, Florida, USA from the 6th
to the 10th. The day was revealed.
NPE is an event hosted by the American Plastics Association and
is a plastics/chemical exhibition that covers all industries, from
automobiles to medical, consumer goods, construction, etc., and is
the largest plastics trade fair in the Americas. It is held every
three years with the goal of promoting innovation and
sustainability in plastics, and is considered one of the three
major exhibitions along with China's Chinaplas and Germany's K Trade fair.
Recently, North America has
followed the global trend and is introducing various policies for
plastic recycling.
The U.S. federal government's Environmental Protection Agency
announced the U.S.'s first national recycling strategy (National
Protection Agency) to achieve a 50% recycling rate by 2030,
Illinois' 'Plastic Recycling
Modernization Act' and California's 'Producer Responsibility Plastic
Recycling'. It is known that local governments, including Je, are
also considering enacting laws mandating plastic recycling.
In line with this trend, SK chemicals introduced a wide range of
sustainable materials using circular recycling technology at
NPE.
'ECOTRIA CR', a highly functional recycled copolyester produced
based on chemical recycling technology, and 'SKYPET CR', a PET
material, as well as 'ECO', a copolyester that can be classified as
PET after use and recycled. A diverse lineup of materials,
including 'ECOTRIA CLARO', was presented, attracting the attention
of visitors.
Circular recycling is the name given to SK chemicals' unique
chemical recycling method. Unlike physical recycling, where waste
plastic is broken into small pieces, washed, and then used as a raw
material for plastic, it has the advantage of being able to be
recycled infinitely without damaging the quality of the product,
such as transparency, because it is chemically broken down to the
molecular level and then used as a raw material for plastic.
In addition, products that have already been commercialized
through circular recycling were also displayed. Various global brand products of
cosmetics containers, home appliances, and daily necessities
with ECOTRIA CR applied, tire
cord with Skypet CR applied, Samdasoo Reborn, etc. Finished
products that have passed strict quality tests from famous brand
companies and have been commercialized, attracting the attention of
visitors.
Jeong Sang-min, head of
marketing/operations at SK chemicals, said, "We were able to
resolve the preconceived notion that recycled plastic has
limitations in physical properties and quality, following Chinaplas
and NPE, by meeting customers with actual products made of recycled
materials," adding, "For the first time in the world, we have been
able to achieve recycling." "We plan to actively continue marketing
through the differentiation of SK chemicals, which has achieved
commercialization of recycled materials through a plant," he
said.
In addition, Ecotrion, a bio material made from industrial
starch used in spandex, artificial leather, and urethane elastic
materials, Ecozen, a highly heat-resistant copolyester mixed with
materials extracted from biomass such as corn, etc. Based on
transparency and chemical resistance Skygreen materials, which are
mainly used in various applications such as cosmetics, food
packaging containers, and home appliances, were also exhibited and
presented various solutions for the North American eco-friendly
market.
Kim Eung-soo, head of SK
chemicals' Green Materials Business Division, said, "North America is one of the important markets
expected to grow at an average annual rate of 7.9% by 2030. We will
lead this market through close cooperation with brand owners and
customers in North America."
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SOURCE SK chemicals