Page 144 - CW E-Magazine (27-5-2025)

News from Abroad

CIRCULAR ECONOMY
SK Chemicals to supply sustainable raw materials

to Malaysian kitchenware maker

South Korea’s SK Chemicals has
signed an MoU with Malaysia’s plastic
kitchenware manufacturer LH Plus, to
supply copolyester and circular recyc-
led plastic materials.

SK Chemicals will supply LH Plus
with up to 2,000 tons of Ecozen – a
copolyester containing biomass – and
Skypet CR – a circular recycled PET
made from waste plastics – by 2027. The
2,000 tons of raw materials can produce
approximately 100-million 1-liter water
bottles. The two companies will also
collaborate on developing new kitchen-
ware products using Ecozen and Skypet
CR materials and expanding their reach ture, Skypet CR can be used for a wide SK Chemicals, stated, “The adoption of
among global brands. range of products that traditionally eco-friendly plastic materials, including
rely on petroleum-based PET, includ- recycled plastics, is steadily increasing
Ecozen is known for its glass-like ing food and beverage containers and across the Asia-Pacifi c kitchenware
transparency, making it ideal for food tableware. It also addresses consumer market. By partnering with LH Plus,
containers where visibility is essential. concerns regarding hygiene and safety. we aim to deliver optimised solutions
It is free of bisphenol A (BPA). Unlike from materials to fi nished products and
mechanically recycled plastics, which Mr. Kim Eung-soo, Head of the accelerate our expansion in the kitchen-
are typically used in textiles and furni- Green Materials Business Division at ware market.”

INORGANIC GROWTH
Barentz to buy China’s Fengli to boost Asia Pacifi c

pharma footprint

Barentz, a Dutch specialty ingre-
dients distributor, has entered into ex-
clusive discussions to acquire 100%
equity of Fengli Group, a China-based
distributor for pharmaceutical exci-
pients and active ingredients.

Established in 1996 and headquar-
tered in Beijing, Fengli Group com-
prises a team of over 100 professionals
across fi ve locations in mainland China.
It sources pharmaceutical excipients
and active ingredients from 35 inter-
national principals and serves more than

144 Chemical Weekly May 27, 2025

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