Hyosung TNC Launches 'Myfan RegenOcean' Made from Recycled Domestic Waste Fishing Nets

[Asia Economy Reporter Hwang Yoon-joo] Hyosung TNC is launching 'Mipan Regen Ocean,' a nylon fiber made by recycling discarded fishing nets.

On the 12th, Hyosung TNC announced that it signed a memorandum of understanding (MOU) to establish a resource circulation system that separates, disposes of, collects discarded fishing nets, and recycles them into eco-friendly fibers, in collaboration with Busan Metropolitan City and Netspar, an eco-friendly social venture company.

This agreement was promoted to reduce marine ecosystem pollution caused by discarded fishing nets and to raise awareness of marine environmental protection. Busan Metropolitan City will build a system to separate and dispose of discarded fishing nets in cooperation with local governments, Netspar will handle the preprocessing steps of crushing and washing the collected nets, and Hyosung TNC will recycle the preprocessed nets to produce the nylon fiber 'Mipan Regen Ocean.'

'Mipan Regen' is a fiber that Hyosung first developed in the world in 2007 by recycling discarded fishing nets. It is the nylon version of 'Regen,' a polyester fiber made by recycling transparent PET bottles.

Until now, due to difficulties in collecting discarded fishing nets, 'Mipan Regen' has been produced mainly using nylon yarn or chips discarded during the production process. With this agreement enabling stable procurement of waste fishing nets, Hyosung plans to launch 'Mipan Regen Ocean' and begin full-scale production.

Along with the launch of 'Mipan Regen Ocean,' Hyosung TNC will also expand investment in underwater pressure equipment. This equipment, developed independently by Hyosung TNC, removes impurities from fishing nets during the production of 'Mipan Regen,' increasing the purity of raw materials. Hyosung TNC plans to expand underwater pressure equipment by the end of this year to produce more than 150 tons of 'Mipan Regen Ocean' per month.

Hyosung Chairman Cho Hyun-joon stated, "Hyosung has developed eco-friendly materials such as polyester, nylon, and spandex through proprietary technology," adding, "We will continue to build a resource circulation system with responsibility as an eco-friendly company through ongoing interest and investment."

This content was produced with the assistance of AI translation services.