SK Geocentric "Full-scale Start of Waste Plastic and Carbon Zero"

"Ulsan Recycling Plant Development Becomes Visible"

[Asia Economy Reporter Moon Chaeseok] Na Kyungsoo, President of SK Geocentric, announced on the 6th that this year will be the inaugural year for implementing an eco-friendly strategy aimed at reducing waste plastic and carbon emissions to 'zero,' and that the company will actively pursue this transformation.

SK General Chemical changed its name to SK Geocentric last year, reflecting its commitment to transforming into an 'eco-friendly chemical company.'

In an interview with the company’s news channel SKinno News to mark the New Year, President Na said, "SK Geocentric takes pride in leading the petrochemical business that has been a driving force behind South Korea’s economic development. Now, based on our strength and capabilities, we will pioneer a new path in the ESG (Environmental, Social, Governance) era."

As a producer of plastic raw materials, SK Geocentric has set the goal of 'Waste & Carbon Zero' to fulfill its responsibility by reducing waste plastic and carbon emissions. The plan is to expand the proportion of eco-friendly chemical products to 100%, eliminate waste plastic, and achieve zero carbon emissions by 2050 or earlier, ultimately realizing Carbon Zero.

President Na emphasized, "Securing various recycling technologies for different types of plastics is essential for this," and announced plans to establish a commercial plant called the 'Recycle Cluster' in Ulsan, applying three major chemical recycling technologies. He added, "This will enhance operational efficiency and create synergy among recycling processes. We will also generate eco-friendly social value by reducing carbon emissions equivalent to those produced when plastics were previously landfilled or incinerated."

Furthermore, he mentioned plans to expand the '3R Solution'?which involves reducing plastic usage (Reduce), replacing with eco-friendly or easily recyclable products (Replace & Recycle)?and to increase the introduction of bio-based raw materials and materials.

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