Pulmuone Partners with Lotte Chemical to Develop Eco-Friendly Innovative Packaging

Development of Eco-Friendly Materials Using Chemical Recycling Technology

Pulmuone is partnering with Lotte Chemical to develop eco-friendly innovative packaging.

Lee Sang-yoon, Director of Pulmuone Technology Institute (right), and Hwang Min-jae, Director of Lotte Chemical Comprehensive Technology Institute, signed a memorandum of understanding (MOU) for the development of eco-friendly packaging on the 21st at Pulmuone Technology Institute located in the Osong Biopolis district, Chungbuk, and are posing for a commemorative photo.
[Photo by Pulmuone]

Pulmuone's R&D center, Pulmuone Technology Institute, announced on the 22nd that as part of its ESG (Environmental, Social, and Governance) management, it has signed a memorandum of understanding (MOU) with Lotte Chemical to develop eco-friendly packaging and will jointly promote the project.

The two companies have agreed to collaborate on developing chemically recycled materials and eco-friendly food packaging using the developed materials. According to the agreement, both parties will jointly implement ▲ cooperation in developing eco-friendly packaging products ▲ stable supply of raw materials used as eco-friendly packaging materials ▲ expansion of product commercialization using eco-friendly raw materials ▲ and other matters mutually required by the institutions.

Chemical recycling is characterized by breaking down plastics chemically to extract pyrolysis oil, which can be recovered as clean raw materials such as polypropylene (PP) and polyethylene (PE), unlike physical recycling that simply melts plastics for reuse. It is one of the recently highlighted plastic recycling technologies due to its high recycling rate and contribution to resource circulation.

With this MOU, Pulmuone expects to secure a stable supply of raw materials for eco-friendly packaging development, accelerating the development and commercialization of eco-friendly food packaging using chemically recycled raw materials.

Lotte Chemical anticipates that through cooperation with Pulmuone, it will not only create demand for recycled raw materials but also quickly identify needs for eco-friendly products, contributing further to packaging development that meets customers' eco-friendly product demands and to ESG management.

Lee Sang-yoon, head of Pulmuone Technology Institute, stated, “By collaborating on eco-friendly packaging development, the two companies are expected to create synergy for the advancement of the food industry,” and added, “Under Pulmuone’s mission of ‘a company creating a healthy tomorrow for people and the planet through right food,’ we will continue to develop eco-friendly materials and packaging that benefit the global environment.”

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