[Market Focus] Ecobio Rises on Global Energy Price Volatility...Resource Upcycling Technology in Spotlight
Ecobio is showing strong performance. This is believed to be driven by news that resource upcycling technology is being utilized as an alternative amid high volatility in global energy prices.
As of 9:53 a.m. on March 27, Ecobio is trading at 3,500 won, up 10.06% from the previous day.
According to industry sources, as volatility in global fertilizer prices expands, Ecobio’s bio-sulfur fertilizer brand “Dasak” is drawing attention as an alternative that can replace chemical fertilizers. Sulfur, which is typically used as a fertilizer raw material, is produced during the oil refining process and is therefore heavily affected by international affairs and oil price fluctuations. However, Ecobio directly extracts and utilizes sulfur during the biogas purification process at sewage treatment plants and landfills. As a result, the company’s dependence on external raw material supply chains is low, and stable production is possible even in situations of supply instability, which is considered a key strength.
On the back of this technological capability, Ecobio has completed product registrations in major agricultural countries such as Brazil and Vietnam and is recently laying the groundwork for entry into the European market, accelerating its overseas expansion. The bio-sulfur fertilizer, which is non-toxic and highly absorbable by plants, is regarded as a highly useful material for the transition to eco-friendly agriculture and in terms of food security.
The company is also demonstrating competitiveness in the energy sector. Ecobio operates landfill gas power generation facilities, including a 50MW-scale power plant at the metropolitan landfill site, and produces electricity without importing external fuel. Accordingly, the economic viability of self-sufficient energy production using waste is being highlighted even more amid rising energy prices.
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In addition, in the livestock sector, bio-sulfur-based feed additives are being proposed as an alternative. These products help enhance livestock immunity, reduce mortality rates, and improve productivity compared to expensive feed inputs by increasing breeding efficiency, thereby having a positive impact on the management stability of farms.
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