Tag: South Korea

Hillhouse Investment buys biodiesel maker SK Eco Prime

Hillhouse Investment buys biodiesel maker SK Eco Prime

January 25, 2024 |

In South Korea, The Asset reports that Singapore-headquartered fund manager Hillhouse Investment has purchased South Korean biodiesel maker SK Eco Prime from Hahn & Company. Hahn & Company bought the SK Chemical biodiesel unit less than four years ago for around $340 million and created SK Eco Prime before had purchasing the biodiesel raw material […]

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South Korean researchers use tara gum as potential plastics replacement

South Korean researchers use tara gum as potential plastics replacement

January 25, 2024 |

In South Korea, synthetic, non-biodegradable plastics are major sources of environmental pollution and have prompted a rising interest in sustainable, biodegradable alternatives derived from natural polymers. “Tara gum,” derived from the seeds of the tara tree (Caesalpinia spinosa), stands out as a promising solution. This natural, water-soluble substance contains polysaccharides (complex carbohydrates), including the widely used […]

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LG Chem and Enilive advance South Korea biorefinery project

LG Chem and Enilive advance South Korea biorefinery project

January 22, 2024 |

In South Korea, LG Chem and Eni subsidiary Enilive have signed a joint venture agreement for a new biorefinery at Daesan. The two first announced that they were evaluating a biorefinery project in September last year, and formation of a JV is the next step toward a final investment decision. The facility would process about […]

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LG Chem and Enilive move forward towards FID on South Korean biorefinery

LG Chem and Enilive move forward towards FID on South Korean biorefinery

January 22, 2024 |

In South Korea, LG Chem and Enilive moved a further step forward to the final investment decision on the project of a new biorefinery in South Korea by signing the joint venture agreement. The agreement has been signed in Rome by Eni CEO, Claudio Descalzi, and LG Chem CEO, Shin Hak-cheol. Last September, Enilive (a […]

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Korean Air teams with Yusen Logistics to promote SAF

Korean Air teams with Yusen Logistics to promote SAF

January 15, 2024 |

In South Korea, Korean Air has partnered with Yusen Logistics, a global logistics company, to further promote the use of sustainable aviation fuel (SAF) in the air cargo industry. The two companies signed a Sustainable Aviation Fuel Cooperation Program Agreement at the Yusen Logistics headquarters in Tokyo. Yusen Logistics is the airline’s first cargo SAF […]

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South Korean researchers develop microbial strains producing variety of compounds

South Korean researchers develop microbial strains producing variety of compounds

December 27, 2023 |

In South Korea, a research team from the Korea Advanced Institute of Science and Technology (KAIST) has successfully developed high-performance microbial strains producing a variety of compounds, including succinic acid, biodegradable plastics, biofuels, and natural products using systems metabolic engineering tools and strategies. The research team predicted that if bio-based polyamide production technology, which is […]

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DL E&C lands feasibility study contract with Kellogg Brown & Root for its ATJ tech

DL E&C lands feasibility study contract with Kellogg Brown & Root for its ATJ tech

December 13, 2023 |

In South Korea, DL E&C Co., Ltd announced on December 13 that it had signed a feasibility study contract with Kellogg Brown & Root (KBR) for its sustainable aviation fuel production business using KBR’s ATJ (Alcohol to Jet) technology, PureSAFSM. This agreement marks the first step for both companies to increase their market share in […]

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SABIC and CJ CheilJedang partner for biobased rice bowl packaging

SABIC and CJ CheilJedang partner for biobased rice bowl packaging

December 4, 2023 |

In South Korea, SABIC and CJ CheilJedang have developed ready-to-eat rice packaging bowls made with 25% certified renewable polypropylene. The innovative packaging, a part of CJ’s Hetbahn brand, uses food-contact grade TRUCIRCLE™ certified renewable PP resins produced by SABIC. The rigid bowls are manufactured using sheet extrusion and thermoforming for ready-to-eat-rice packaging formats in Asia […]

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Korean researchers design electrode to produce green hydrogen from electrolysis

Korean researchers design electrode to produce green hydrogen from electrolysis

November 29, 2023 |

In South Korea, electrochemical catalysts used in water splitting often show poor performance due to low electrical conductance of (oxy)hydroxide species produced in situ. To overcome this challenge, researchers from Gwangju Institute of Science and Technology in Korea have now designed an electrode with Schottky Junction formed at the interface of metallic Ni-W5N4 and semiconducting […]

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