Hanwha Solutions Supplies Eco-Friendly Packaging Materials to SPC Group

[Asia Economy Reporter Hwang Yoon-joo] Hanwha Compound is partnering with SPC Group's packaging production affiliate, SPC Pack, to develop and apply eco-friendly materials.

Hanwha Compound, a 100% subsidiary of Hanwha Solutions, and SPC Pack announced on the 18th that they will jointly develop an eco-friendly plastic material based on PLA (Poly Lactic Acid), which decomposes easily in soil, and will use it for SPC product packaging starting in the second half of this year.

Since early this year, the two companies have been conducting research based on PLA, a representative biodegradable plastic made by fermenting starch extracted from plants such as corn or sugarcane. To maintain the advantages of PLA, which has excellent processability and decomposes quickly, while compensating for its fragility compared to general plastics, Hanwha Compound's compounding technology was applied. Notably, the material developed this time decomposes in soil within a few years.

Meanwhile, on the 17th, Hanwha Compound signed a Memorandum of Understanding (MOU) with SPC Pack for mutual cooperation in the development and commercialization of biodegradable compounds for food and beverage use.

Taking this MOU as an opportunity, the two companies plan to continuously improve the eco-friendliness of existing plastic materials and apply them to packaging used by SPC Group brands such as Paris Baguette, Baskin Robbins, and Dunkin.

Oh Se-won, CEO of Hanwha Compound, stated, "Through this cooperation with SPC Group, we will develop and supply eco-friendly plastic raw materials tailored to product characteristics not only for food and beverage plastics and packaging but also for pharmaceutical and cosmetic containers and packaging films."

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