"Resource Recycling of Waste" BGF Ecobio, Industry-Academia-Research Collaboration Agreement to Foster White Bio Industry

Participation in Vision Declaration Ceremony for Small Giant R&D Special Zone... Incheon University Collaborates in Tripartite Partnership with Korea Conformity Laboratories and Korea Construction Living Lab
Plans to Develop Waste Resource Recycling and Eco-friendly Alternative Materials Using Bio-plastic Technology

(From left) Park Jong-tae, President of Incheon National University; Cho Young-tae, Director of Korea Conformity Laboratories; and Hong Jung-hyuk, CEO of BGF Eco Bio, are taking a commemorative photo after signing an industry-academia-research cooperation agreement to foster the white bio industry on the 14th.

[Asia Economy Reporter Yuri Kim] BGF Ecobio announced on the 15th that it participated in the Vision Declaration Ceremony of the Incheon Small Giant Research and Development Special Zone and signed a memorandum of understanding (MOU) to foster the white bio industry.

On the 14th, Incheon City held a vision declaration ceremony at Incheon National University Songdo Campus to commemorate the designation of the Small Giant Research and Development Special Zone. The Small Giant Research and Development Special Zone (Seo-gu, Incheon) is a high-density technology commercialization hub model centered on core technology institutions with innovative capabilities. About 200 related organizations and company officials attended the vision declaration ceremony, including Hong Jeong-hyeok, CEO of BGF Ecobio, Lee Jong-ho, Minister of Science and ICT, Yoo Jung-bok, Mayor of Incheon, and Park Jong-tae, President of Incheon National University.

BGF Ecobio signed a tripartite MOU with Incheon National University and the Korea Conformity Laboratories to activate the fostering of the white bio industry, a specialized field of the Small Giant Research and Development Special Zone. Through this MOU, each institution agreed to promote industry-academia-research cooperation to build the necessary infrastructure for fostering the white bio industry and to create an industrial ecosystem including related research and development (R&D).

BGF Ecobio plans to conduct close cooperation among industry, academia, and research institutes regarding resource recovery of waste and development of eco-friendly alternative materials using technologies such as waste plastic recycling and bioplastics, which are key tasks of the Small Giant Research and Development Special Zone in Seo-gu, Incheon.

BGF Ecobio is a company applying recycling materials such as bioplastics like PLA and PBAT, and holds all three major global certifications related to white bio: OK Compost Industrial, BPI, and CMA. This year, it completed the largest white bio R&D center and manufacturing plant in Korea (15,623㎡) in Cheongna, Incheon, equipping itself with competitiveness to meet domestic and international market demands.

Meanwhile, BGF, the holding company of the BGF Group, reorganized its governance structure earlier this month by incorporating BGF Ecobio into KOPLA, another affiliate specializing in engineering plastics manufacturing, to strengthen competitiveness in the materials sector, and is also considering a merger between the two companies in the future.

A BGF official stated, "By linking industry, academia, and research institutes to actively conduct research and development in the white bio industry, which has high growth potential, we can greatly contribute to national industrial development. BGF will actively pioneer new fields by sharing pipelines from consumer goods to industrial goods through governance restructuring in related industries, creating synergy within internal capabilities."

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