Amorepacific Signs Global Partnership Agreement with Eastman for Sustainable Packaging
Jang Chang-wook, Executive Director of Development & Purchasing Division at Amorepacific (left), and Kim Ji-hoo, Director at Eastman (right), are taking a commemorative photo.
View original image[Asia Economy Reporter Seungjin Lee] Amorepacific announced on the 22nd that it has signed a business agreement with Eastman since 2022 for the supply and use of chemically recycled recycled plastics.
Eastman is a U.S. petrochemical company that produces a wide range of products from packaging materials to advanced materials and chemical fibers. Through this agreement, Amorepacific will receive high-quality recycled plastics produced by Eastman.
In June 2021, Amorepacific revealed its five major commitments for sustainable management by 2030, pledging to apply recycled or bio-plastics to 30% of plastic packaging by 2030 as one of its promises to coexist with nature.
This agreement is one of the practical methods to fulfill that pledge. By securing high-quality recycled plastics, Amorepacific has laid the foundation to accelerate sustainable management and customer satisfaction.
The recycled plastics have received ISCC Plus certification, which is a representative means of proving the sustainability of eco-friendly bio products. In particular, it is an international certification system that complies with the European Union (EU)'s renewable energy directive, the strictest in the world, and is recognized as the most reliable institution in the eco-certification field due to its transparent evaluation criteria and rigorous certification procedures.
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Jung Chang-wook, Executive Director of Amorepacific's Development & Purchasing Division, stated, "As a result of continuously considering practical methods to improve plastic packaging issues and reduce usage, we have signed a meaningful business agreement with Eastman. Going forward, Amorepacific will do its best to beautifully change the world based on deep empathy with customers, society, and nature as a responsible corporate citizen."
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