Ministry of Industry Visits SK Jonghap Chemical's Plastic Waste Pyrolysis R&D Site

SK General Chemical Introduces Korea's First Plastic Waste Pyrolysis Technology
SK General Chemical and SK Innovation Environmental Science Institute Establish Win-Win Model for SMEs Based on Pyrolysis Technology

[Asia Economy Reporter Hwang Yoon-joo] SK General Chemical announced on the 9th that Park Jin-gyu, Vice Minister of the Ministry of Trade, Industry and Energy, visited the domestic first pyrolysis oil research and development site at SK Innovation Environmental Science and Technology Institute, toured the pyrolysis oil pilot production facility, and reviewed research and development trends.

At the site, Na Kyung-soo, President of SK General Chemical, Lee Sung-joon, Director of SK Innovation Environmental Science and Technology Institute, and others attended and introduced pyrolysis technology and the pyrolysis pilot production facility. Lee Sung-joon, Director of the Environmental Science and Technology Institute, stated, "We are focusing on research and development to improve the quality of pyrolysis oil, such as impurity reduction, and based on this, we plan to establish a win-win business model with domestic pyrolysis oil companies."

This site visit was conducted to understand the current status of domestic pyrolysis oil technology and to urge the resolution of plastic waste issues and the activation of a resource circulation system. Vice Minister Park Jin-gyu said, "Carbon neutrality in the petrochemical industry is no longer a 'choice' but a 'necessity,'" adding, "I hope that the pyrolysis oil technology being developed by SK General Chemical and SK Innovation Environmental Science and Technology Institute will serve as a catalyst for establishing a resource circulation system."

Pyrolysis oil technology is a core technology that completes the plastic circulation system by thermally decomposing hard-to-recycle plastic waste such as waste vinyl to extract raw materials and recycle them into naphtha, a raw material for petrochemical products. Last month, SK General Chemical signed a business agreement with Brightmark, a US pyrolysis specialist company, to promote the domestic pyrolysis oil business and enhance the competitiveness of domestic industry pyrolysis oil technology.

President Na Kyung-soo said, "Pyrolysis technology is an essential technology to fundamentally solve the plastic waste problem and reduce greenhouse gases," and added, "SK General Chemical plans to strengthen ESG management and expand green businesses, including the pyrolysis business."

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