KoreaTechToday - Korea's Leading Tech and Startup Media Platform
  • Topics
    • Naver
    • Kakao
    • Nexon
    • Netmarble
    • NCsoft
    • Samsung
    • Hyundai
    • SKT
    • LG
    • KT
    • Retail
    • Startup
    • Blockchain
    • government
  • Lists
KoreaTechToday - Korea's Leading Tech and Startup Media Platform
  • Topics
    • Naver
    • Kakao
    • Nexon
    • Netmarble
    • NCsoft
    • Samsung
    • Hyundai
    • SKT
    • LG
    • KT
    • Retail
    • Startup
    • Blockchain
    • government
  • Lists
KoreaTechToday - Korea's Leading Tech and Startup Media Platform
No Result
View All Result
Home Energy

SK Global Chemical, Brightmark to Develop Pyrolysis-Based Plastic

James Jung by James Jung
PUBLISHED: January 29, 2021 UPDATED: January 30, 2021
in Energy, SK, Tech Industry
0
SK Global Chemical collaborates with US-based Brightmark in establishing a plastic recycling plant that utilizes pyrolysis renewal technology.
SK Global Chemical collaborates with US-based Brightmark in establishing a plastic recycling plant that utilizes pyrolysis renewal technology.

SK Global Chemical collaborates with US-based Brightmark in establishing a plastic recycling plant that utilizes pyrolysis renewal technology.

South Korean chemical company SK Global Chemical signed a memorandum of understanding (MOU) with US-based waste solutions provider Brightmark. Under the MOU, Brightmark will construct a plant in Korea that will produce and commercialize pyrolysis oil from waste plastics. The SK Global Chemical facility investment will use pyrolysis technology, a chemical recycling procedure that transforms plastics into alternative fuel. Also known as bio-crude, pyrolysis oil is the synthetic fuel produced in the pyrolysis plastic renewal technology.

“Pyrolysis is an essential technology to resolve plastic issues,” said Na Kyung-soo, SK Global Chemical’s chief executive. “This partnership with Brightmark will help establish us as leaders on this important challenge. In addition to our operation with Brightmark, SK Global Chemical’s Environmental, Social, and Corporate Governance (ESG) initiatives will continue to support the circular economy of plastic.”

Through the plastic renewal plant, the two companies will optimize plastic recycling and enable its commercial availability. As a way of dealing with problems on plastic waste disposal, the renewal facility will have a 100,000-ton annual capacity. Previously, companies experienced difficulties in commercializing pyrolysis oil, but Brightmark succeeded in developing its technical and economic viability.

“Brightmark is pleased to be able to partner with a leading global petrochemical company like SK Global Chemical that shares Brightmark’s focus on circular solutions to eliminate waste,” said Bob Powell, Brightmark’s founder and chief executive. “Brightmark recognizes that the plastic waste issue is a global problem and we need global solutions to tackle it.”

Improving South Korea’s plastic waste recycling rate 

“South Korea is ready to tackle the plastic waste crisis by supporting circular, scalable solutions, and has established plastic waste collection systems and readily available plastic waste feedstock streams, which makes it an exceptional location for expansion,” continued Powell.

SK Global Chemical is expecting their long-term partnership to help solve the plastic disposal problem in Korea. This year, the two companies will conduct a feasibility study and combine their pyrolysis technology and post-treatment know-hows. By the end of 2021, the two companies will finish the operation methods evaluation and finalize the development deal. In cooperation with SK Innovation, SK Global Chemical is developing a post-treatment procedure of removing impurities in the pyrolysis oil.

“It is very important to strengthen technological competitiveness in related industries,” said Dr. Lee Seong-jun, head of SK Innovation’s Environmental Science and Technology Institute. “In this regard, SK Innovation is developing core technologies such as improving yield of plastic conversion and removing impurities to secure the quality of pyrolysis oil from waste plastic.”

Check out other must-read articles from KoreaTechToday:

  • Hanwha Solutions Increases Production of Eco-Friendly Plasticizer Eco-DEHCH
  • LG Chem Develops First Ever Biodegradable Plastic Alternative
  • LG Chem, Neste Join Hands to Produce Eco-Friendly Synthetic Resins
  • SK Chemicals Begins Exploration to Bio Heavy Oil as Ship Fuel
Tags: Alternative fuelBrightmarkplasticpyrolysispyrolysis oilSK Global Chemicalwaste plastic

Related Posts

Inside Stargate: How Samsung and SK Are Powering OpenAI’s Global AI Ambitions
SK Global Chemical collaborates with US-based Brightmark in establishing a plastic recycling plant that utilizes pyrolysis renewal technology.
AI

Inside Stargate: How Samsung and SK Are Powering OpenAI’s Global AI Ambitions

October 7, 2025
South Korea Prepares Fourth Launch of Homegrown Nuri Rocket
SK Global Chemical collaborates with US-based Brightmark in establishing a plastic recycling plant that utilizes pyrolysis renewal technology.
Government

South Korea Prepares Fourth Launch of Homegrown Nuri Rocket

October 1, 2025
SK Telecom Commits $3.6B to AI with New Company-in-Company Unit
SK Global Chemical collaborates with US-based Brightmark in establishing a plastic recycling plant that utilizes pyrolysis renewal technology.
AI

SK Telecom Commits $3.6B to AI with New Company-in-Company Unit

September 29, 2025
South Korea, BlackRock Team Up to Build Hyperscale AI Data Center Hub
SK Global Chemical collaborates with US-based Brightmark in establishing a plastic recycling plant that utilizes pyrolysis renewal technology.
Data Center

South Korea, BlackRock Team Up to Build Hyperscale AI Data Center Hub

October 1, 2025
LG and SK Join Forces on AI Data Center Cooling and Energy Solutions
SK Global Chemical collaborates with US-based Brightmark in establishing a plastic recycling plant that utilizes pyrolysis renewal technology.
AI

LG and SK Join Forces on AI Data Center Cooling and Energy Solutions

September 25, 2025
Samsung AI Forum 2025: Could its AI Agents Change How We Interact with Technology?
SK Global Chemical collaborates with US-based Brightmark in establishing a plastic recycling plant that utilizes pyrolysis renewal technology.
AI

Samsung AI Forum 2025: Could its AI Agents Change How We Interact with Technology?

September 25, 2025
No Result
View All Result

Most Popular

  • Ride-Hailing Rivalry: Kakao and Uber Bet on Membership Services in Korea

    0 shares
    Share 0 Tweet 0
  • Kakao Mobility Faces $10.5 Million Fine for Limiting Competitors’ Access to Taxi Platform

    0 shares
    Share 0 Tweet 0
  • Korea’s Navigation Battle Heats Up: Naver and Kakao vs. Google maps

    0 shares
    Share 0 Tweet 0
  • 5 Best Korean to English Translation Apps

    0 shares
    Share 0 Tweet 0
  • Naver Launches 3D Street View for Immersive Navigation Experience

    0 shares
    Share 0 Tweet 0
  • KakaoTalk to Adopt Instagram-Style Feed in Major 2025 Redesign

    0 shares
    Share 0 Tweet 0
  • Naver Maps Launches Guide in English, Chinese, and Japanese to Enhance Travel Experience for Tourists

    0 shares
    Share 0 Tweet 0
  • Top Nine Mobile MMORPG in South Korea for 2020

    0 shares
    Share 0 Tweet 0
  • Naver Unveils Asia’s Largest Data Center, GAK Sejong, for Tech Innovation

    0 shares
    Share 0 Tweet 0
  • South Korea Invests $1.1B to Build National AI GPU Infrastructure

    0 shares
    Share 0 Tweet 0

PRODUCTS

[ads_amazon]

TOPICS

  • Naver
  • Kakao
  • Nexon
  • Netmarble
  • NCsoft
  • Samsung
  • Hyundai

FREE NEWSLETTER

FOLLOW US

  • About Us
  • Cookie policy
  • home
  • homepage
  • mainhome
  • Our Services
  • Privacy Policy
  • Terms of Use

Copyright © 2024 KoreaTechToday | About Us | Terms of Use |Privacy Policy |Cookie Policy| Contact : [email protected] |

No Result
View All Result
  • Topics
    • Naver
    • Kakao
    • Nexon
    • Netmarble
    • NCsoft
    • Samsung
    • Hyundai
    • SKT
    • LG
    • KT
    • Retail
    • Startup
    • Blockchain
    • government
  • Lists

Copyright © 2024 KoreaTechToday | About Us | Terms of Use |Privacy Policy |Cookie Policy| Contact : [email protected] |