Sector News

South Korea’s Hanwha, SPC to develop biodegradable plastic material

June 19, 2021
Chemical Value Chain

South Korean firms Hanwha Compound and SPC Pack plan to jointly develop eco-friendly biodegradable plastic materials based on poly lactic acid (PLA).

The end-product should easily decompose in soil and will be used as packaging material for SPC’s products, Hanwha Compound said on Friday.

Financial details of the project were not disclosed.

SPC Pack is a packaging material manufacturing subsidiary of SPC Group – a Korean conglomerate engaged in food and confectionery business, owning some 40 brands, including Paris Baguette and Baskin Robbins Korea.

Since the start of the year, Hanwha Compound and SPC have been conducting research based on PLA, a biodgradable plastic made by fermenting starch extracted from corn and sugar cane, it said.

“While maintaining the advantages of PLA, which has excellent processability and rapidly decomposes, Hanwha Compound’s blending technology was applied to compensate for the disadvantage of being easily broken compared to general plastics. In particular, the material developed this time decomposes within a few years in the soil,” Hanwha Compound said.

Hanwha Compound is a 100% subsidiary of Hanwha Solutions, which was formed in January 2020 with the merger of Hanwha Chemical, Hanwha Q CELLS, and Hanwha Advanced Materials.

by Pearl Bantillo

Source: icis.com

Related News

July 31, 2021

Maire Tecnimont awarded €430-million contract for Repsol’s Portugal polymers expansion 

Chemical Value Chain

The total contract value is approximately €430 million. The project scope of work entails complete engineering services, equipment and material supply, installation and construction activities and, as an optional part of the scope, commissioning and start up.

July 31, 2021

Lenzing invests €23.3 million in new wastewater-treatment plant in the U.K. 

Chemical Value Chain

Once it has implemented this project, Lenzing will have biological wastewater treatment plants that meet the best available techniques (BAT) quality standard at all its production sites.

July 31, 2021

Is hydrogen just oil and gas greenwashed?

Chemical Value Chain

The debate over the position of hydrogen in the new energy revolution has come to the fore again thanks to Japan’s hosting of the Olympic Games. But rather than showcasing how green this miracle new fuel is, it has highlighted its many problems.

Send this to a friend