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 Topics SK

SK Global Chemical, LogisAll Develop Cycle System for Waste Reduction

James Jung by James Jung
PUBLISHED: February 9, 2021 UPDATED: February 9, 2021
in SK, Tech Industry
0
SK Global Chemical signs an MOU with LogisALL to co-develop a virtuous cycle system for logistics waste reduction and plastic recycling. / photo courtesy of SK Global Chemical
SK Global Chemical signs an MOU with LogisALL to co-develop a virtuous cycle system for logistics waste reduction and plastic recycling. / photo courtesy of SK Global Chemical

SK Global Chemical signs an MOU with LogisALL to co-develop a virtuous cycle system for logistics waste reduction and plastic recycling. / photo courtesy of SK Global Chemical

South Korean chemical company SK Global Chemical Co. signed a memorandum of understanding (MOU) with LogisALL Consulting and Engineering. Besides its electronics and chemical-related services, LogisALL also offers pallet and container rental, logistics business consulting, and SCM. In line with the country’s environmental, social, and governance (ESG) initiative, the partnership will facilitate the reduction of logistics waste.

“We will be able to upcycle damaged pallets to make new plastic products such as eco-friendly packaging containers,” said SK Global Chemical. During the signing ceremony at SK Seorin, SK Global Chemical President Na Kung-soo and LogisALL Chairman Suh Byong-yoon were present. The SK Innovation affiliate explained that the collaboration came from emerging environmental problems and the collective responsibility to address them. To reduce the amount of waste in logistics packaging, both companies would establish a resource circulation system.

Under the agreement, the two companies would be establishing a virtuous cycle system for logistics waste and pallet recycling. By utilizing their combined knowledge in waste reduction and operation know-how, both companies would co-develop eco-friendly plastic packaging materials. SK Global Chemical and LogisALL would collaborate in enhancing plastic recycling technologies in addition to the eco-friendly packaging. By 2025, LogisALL targets to replace over 10 percent of Korea’s plastic parcel delivery containers with eco-friendly materials.

“SK Global Chemical will build a green business model in all places that use plastics, including the logistics industry from an ESG perspective,” said SK Global Chemical’s president. “Environmental problems caused by excessive waste can be greatly reduced if disposable packaging materials are replaced with eco-friendly plastic packaging materials that can be reused for a long period, or used plastics are recovered and recycled to make products again,” continued Na.

SK Global Chemical’s plastic recycling technologies

Earlier this year, SK Global Chemical partnered with US-based waste solutions provider Brightmark. Under the collaboration, the two companies would produce and commercialize pyrolysis-based plastic recycling technology. Through pyrolysis technology, both companies could help in the advancement of the circular economy of plastic. Last year, SK Global Chemical hosted the 2020 Korea Eco-Friendly Packaging Forum, a gathering of institutions that provide packaging solutions. Intending to help solve the plastic waste problem, the institutions shared eco-friendly plans on reducing packaging waste.

Check out other must-read articles from KoreaTechToday:

  • SK Global Chemical, Brightmark to Develop Pyrolysis-Based Plastic
  • 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
Tags: LogisALLlogistics wasteplastic recyclingSK Global Chemicalupcyclewaste reduction

Related Posts

LG Uplus Confirms Cybersecurity Incident, Raising Broader Questions About South Korea’s Digital Resilience
SK Global Chemical signs an MOU with LogisALL to co-develop a virtuous cycle system for logistics waste reduction and plastic recycling. / photo courtesy of SK Global Chemical
LG

LG Uplus Confirms Cybersecurity Incident, Raising Broader Questions About South Korea’s Digital Resilience

October 31, 2025
Supply Chain 2.0: How U.S.–Korea Trade Shifts Are Building a Resilient Tech Ecosystem
SK Global Chemical signs an MOU with LogisALL to co-develop a virtuous cycle system for logistics waste reduction and plastic recycling. / photo courtesy of SK Global Chemical
AI

Supply Chain 2.0: How U.S.–Korea Trade Shifts Are Building a Resilient Tech Ecosystem

October 31, 2025
Korea’s APEC Digital & AI Forum Highlights Asia’s Push for Responsible Tech Leadership
SK Global Chemical signs an MOU with LogisALL to co-develop a virtuous cycle system for logistics waste reduction and plastic recycling. / photo courtesy of SK Global Chemical
South Korea

Korea’s APEC Digital & AI Forum Highlights Asia’s Push for Responsible Tech Leadership

October 24, 2025
LG Uplus Bows to Pressure, Will Report Hacking Signs to Cybersecurity Watchdog
SK Global Chemical signs an MOU with LogisALL to co-develop a virtuous cycle system for logistics waste reduction and plastic recycling. / photo courtesy of SK Global Chemical
LG

LG Uplus Bows to Pressure, Will Report Hacking Signs to Cybersecurity Watchdog

October 22, 2025
South Korea Tightens Cyber Defenses After Detecting Government Hacking Attempt
SK Global Chemical signs an MOU with LogisALL to co-develop a virtuous cycle system for logistics waste reduction and plastic recycling. / photo courtesy of SK Global Chemical
Government

South Korea Tightens Cyber Defenses After Detecting Government Hacking Attempt

October 21, 2025
When Data Fails Trust: A Deep Dive into South Korea’s Escalating Breach Crisis
SK Global Chemical signs an MOU with LogisALL to co-develop a virtuous cycle system for logistics waste reduction and plastic recycling. / photo courtesy of SK Global Chemical
Editorial Feature

When Data Fails Trust: A Deep Dive into South Korea’s Escalating Breach Crisis

October 17, 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 Maps Launches Guide in English, Chinese, and Japanese to Enhance Travel Experience for Tourists

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

    0 shares
    Share 0 Tweet 0
  • Naver Video Streaming Service V Live to Go Global

    0 shares
    Share 0 Tweet 0
  • What SK Group’s ‘AI Now & Next’ Summit Reveals About the Future of Intelligent Korea

    0 shares
    Share 0 Tweet 0
  • South Korea’s $2.26 Billion Vision: A Robotic Revolution by 2030

    0 shares
    Share 0 Tweet 0
  • Hanwha Aerospace to Develop Indigenous Turboprop Engine for South Korea’s Next-Gen UAVs

    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] |