South Korea's Kolon cooperates with SK to produce PBAT, mass production in the third quarter, and the production capacity will be increased to 50,000 tons in 2023​

Kolon Industries and SK Global Chemical Ltd.
(Seoul, South Korea) are collaborating to launch PBAT, an eco-friendly biodegradable plastic product that "breaks down well" in the third quarter of this year
.

1.
Upstream and downstream joint production

Kolon Industries and SK Global Chemicals decided to focus on the chemical process technologies accumulated by their respective companies for many years and officially launch high-quality PBAT products in the third quarter of this year
.
The two companies plan to complete biodegradability certification and domestic and foreign patent applications for PBAT products and develop prototypes in the first half of this year
.

Kolon is a major producer of nylon and polyester products in Korea, with PBAT product production technology, as well as facility operation know-how
.
SK Global Chemical plans to give full play to its position as the only PBAT raw material manufacturer/supplier in Korea, and upgrade the high-quality PBAT production technology by combining the technologies accumulated so far in the field of environmentally friendly packaging materials
.

This means that Kolon Industries obtains a stable supply of raw materials from SK Global Chemical and produces PBAT
.
During this process, SKGC's know-how in optimal temperature, material mixing ratio, etc.
will be used to produce high-quality PBAT products
.

2.
Produce more than 50,000 tons of PBAT in 2023

Kolon Industries and SK Global Chemicals reached a strategic partnership on the 7th to start the business of environmentally friendly biodegradable plastic products
.
After a year of collaborative research and development between the two companies, the two companies have now entered the product commercialization stage
.

Kolon Industries and SK Global Chemical aim to produce more than 50,000 tons of PBAT annually by 2023, the largest in South Korea
.
This is seen as a pre-emptive response to the waste plastic problem and a positive response to the growing demand for biodegradable products
.

PBAT, which the two companies plan to commercialize, is considered an effective alternative to the plastic problem, as it can replace waste plastics that cannot be recycled due to pollutants or plastics that are difficult to recycle, such as agricultural plastics, disposable bags, fishing nets, etc.
PBAT It is an important material for the manufacture of environmentally friendly plastics
.

"I look forward to the synergy between our two companies in building an eco-friendly plastic ecosystem," said Jang Hee-goo, CEO of Kolon Industries
.
"Considering the environment, Kolon Industries will continue to expand the development of sustainable materials," he added
.

"SK Global Chemical and Kolon Industries will work together to secure differentiated competitiveness in the biodegradable plastics market and jointly accelerate the establishment of an eco-friendly circular economy for plastic waste," said Na Kyung-soo, CEO of SK Global Chemical
.

While continuously expanding the product portfolio of environmentally friendly biodegradable plastics, Kolon Industries and SK Global Chemicals will also promote a business cooperation model for the production of recycled products based on waste plastics
.