plastic waste Archives | Be Korea-savvy
Plastic Waste Pyrolysis Oil Authorized for Manufacturing of Petrochemical Products

Plastic Waste Pyrolysis Oil Authorized for Manufacturing of Petrochemical Products

SEOUL, Nov. 30 (Korea Bizwire) — The Ministry of Environment announced that a revision of the enforcement ordinances and regulations of the Waste Management Act came into effect on Tuesday. The amendments cleared the way for plastic waste pyrolysis oil to be recycled for use as a raw material in petrochemical products such as naphtha [...]

SK ecoplant Acquires 2 Plastic Waste Recycling Firms

SK ecoplant Acquires 2 Plastic Waste Recycling Firms

SEOUL, Aug. 25 (Korea Bizwire) — South Korean builder SK ecoplant Co. said Wednesday it had signed a stock purchase agreement with DY Polymer and DY Indus, both specialized in the recycling of plastic waste, and completed the acquisition procedures. DY Polymer has been engaged in the production of pellets, the nation’s first recycled material [...]

LG Chem Ties Up with Partners to Promote Plastic Waste Resourcification

LG Chem Ties Up with Partners to Promote Plastic Waste Resourcification

SEOUL, July 1 (Korea Bizwire) — LG Chem Ltd., South Korea’s leading chemical maker, said Thursday it will take the initiative to build a virtuous resource cycle ecosystem using plastic waste with its business partners. The company signed a memorandum of understanding with Sampyo Cement, Hyundai Rotem, the Korea Engineers Alliance and the Korea Cement Association [...]

Hyundai Oilbank, Samsung C&T Announce Plastic Waste Recycling Venture

Hyundai Oilbank, Samsung C&T Announce Plastic Waste Recycling Venture

SEOUL, April 6 (Korea Bizwire) — Hyundai Oilbank Co., a major South Korean refiner, has joined forces with construction company Samsung C&T Corp. to launch a plastic waste recycling business. The two parties announced on Tuesday that they had signed a memorandum of understanding to promote cooperation in the area of the production of eco-friendly chemical [...]

Cafes, Restaurants to be Banned from Using Disposable Items Under Revised Law

Cafes, Restaurants to be Banned from Using Disposable Items Under Revised Law

SEOUL, Nov. 19 (Korea Bizwire) — Cafes and restaurants will be banned from using disposable products at stores starting next year to reduce plastic waste spiking amid the pandemic, the environment ministry said Friday. The ministry has recently put up an administrative notice that a revised law prohibiting the use of disposable items, such as [...]

78 pct of Household Plastic Waste is Food Packaging: Survey

78 pct of Household Plastic Waste is Food Packaging: Survey

SEOUL, Nov. 18 (Korea Bizwire) — A study conducted by an environmental organization revealed that 78 percent of plastic waste generated in Korean households is used for food packaging. Greenpeace Korea released its 2021 Plastic Survey on Wednesday, based on data from 841 households (2,671 people) across South Korea. Participants made records of the manufacturer, [...]

SK Global Chemical to Build Massive Plastic Recycling Plant in Ulsan

SK Global Chemical to Build Massive Plastic Recycling Plant in Ulsan

SEOUL, July 9 (Korea Bizwire) — SK Global Chemical Co., an affiliate of South Korea’s top refiner SK Innovation Co., is building an anode material plant, where plastic waste will be recycled into new materials. The company signed a memorandum of understanding with the city of Ulsan on Thursday. By 2025, SK Global Chemical plans [...]