Kolon Industries to make 100% plant-based eco-friendly plastic
Kolon Industries Inc.’s Future Technology Institute announced on Wednesday that it has partnered with Stora Enso Oyj, a global biomaterials leader from Finland, to develop eco-friendly plastics.
The two companies will focus on creating polyethylene furanoate (PEF) products, which are next-generation bioplastics. Leveraging Kolon Industries’ polymer plastics manufacturing and processing technology and Stora Enso’s raw material development capabilities, they aim to produce 100% natural and environmentally friendly plastic. PEF is made from plant-based raw materials and boasts superior hardness, heat resistance and gas barrier properties compared to polyethylene terephthalate (PET), a common petrochemical plastic. It has the potential to replace existing beverage bottles and food packaging.