In collaboration with Kolon Industries, SK Geo Centric (SKGC), a subsidiary of SK Innovation, announced that it is going to commercialize and launch PBAT, an eco-friendly biodegradable plastic material. PBAT (Polybuthylene Adipate-co-Terephthalate) is an environmentally friendly plastic that degrades swiftly in nature due to oxygen, heat, light, and enzyme reactions. SK Geo Centric has been working with Kolon Industries on joint research and development since last year, and was able to launch a commercialized product in just eight months after signing a strategic partnership agreement in April, which was followed by the development of prototype products and the acquisition of an eco-label certificate EL724). SK Geo Centric is expanding its client base through supplying PBAT raw materials and its marketing expertise and network. SK Geo Centric is South Korea’s only producer of 1,4-Butanediol, a key ingredient in PBAT as well as a variety of fabrics, plastics, and elec...