SPC Pack Signs Eco-Friendly Packaging Development MOU with Hanwha Compound

On the 17th, at Hanwha Solutions Central Research Institute in Daejeon, SPC Pack CEO Kim Chang-dae (left) and Hanwha Compound CEO Oh Se-won are posing for a commemorative photo at the 'SPC Pack-Hanwha Compound Business Agreement Ceremony.' (Photo by SPC Group)

[Asia Economy Reporter Seungjin Lee] SPC Group's packaging production affiliate SPC Pack announced on the 18th that it has signed a "business agreement for the development of eco-friendly biodegradable plastic materials" with Hanwha Compound, a subsidiary of Hanwha Solutions.

Through this agreement, Hanwha Compound, which has the best technology in the field of PLA (biodegradable fiber) processing, and SPC Pack, which has produced various food packaging materials used by Paris Baguette, Baskin Robbins, SPC Samlip, and others, will leverage each company's strengths and know-how to jointly develop eco-friendly biodegradable packaging materials.

The PLA packaging materials that the two companies are promoting for development are made by fermenting starch extracted from plants such as corn and sugarcane, and can be 100% biodegraded in soil within a few years. Although PLA is an excellent eco-friendly material, it has been difficult to commercialize because it could not be strengthened enough to be used in various consumer goods. SPC Pack plans to collaborate with Hanwha Compound to develop PLA that can be used for disposable spoons and forks, salad containers, and more.

Kim Chang-dae, CEO of SPC Pack, said, "Developing eco-friendly packaging is very important not only for environmental protection but also for consumers who use the products," adding, "We will continue to do our best so that SPC Group can lead eco-friendly management in the food industry."

Meanwhile, since March, SPC Pack has also signed MOUs for eco-friendly packaging development with SK Global Chemical, SKC, Lotte Chemical, and others. Last year, it accelerated its eco-friendly management by becoming the first in the food packaging printing industry to acquire all three national green certifications, including the "Green Specialized Company" certification, as well as "Green Technology" and "Green Product" certifications.

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