SPC Group Wins 2021 Biotechnology Company Award
[Asia Economy Reporter Lim Hye-sun] SPC Group announced on the 15th that it received the '2021 Biotechnology Enterprise Award' at the 'Korean Society for Biotechnology Spring Conference and International Symposium' held at the Ramada Plaza Hotel in Jeju Island.
Lee Cheol-gyun, president of the Korean Society for Biotechnology, said, "SPC Group was selected as the award-winning company in recognition of its active investment and continuous research and development in core technologies, and for developing 'native yeast' and 'Sangmijong,' indigenous Korean microbial resources, contributing to the advancement of the domestic food industry."
SPC Life Science Research Institute, through joint research with Seoul National University, analyzed over 10,000 native microorganisms over 11 years and discovered yeast and lactic acid bacteria suitable for baking from traditional Korean foods such as nuruk and kimchi. Furthermore, they succeeded in developing 'Sangmijong,' a baking fermentation starter, through the combination of these microorganisms.
SPC Group's discovery of native yeast for baking is not only a remarkable achievement demonstrating the excellence of Korea's fermentation technology and microbial research but is also credited with opening the era of industrialization and popularization of 'fermentation starter bread' in Korea. Additionally, by replacing imported baking yeast, it has created an import substitution effect exceeding 7 billion KRW annually. Recently, SPC registered a total of 12 patents in four countries? the United States, China, France, and Japan?recognizing its distinctiveness and value overseas.
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Meanwhile, the Korean Society for Biotechnology is a leading academic society in Korea's biotechnology field, with over 7,000 biotechnology experts as members.
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