South Korean chemical company LG Chem is set to launch a project producing sustainable aviation fuel (SAF) from waste cooking oil, according to a report by Maeil Business News Korea on its Pulse website.
As part of the project, the Seoul-based firm aims to secure an agreement with a global supplier of waste cooking oil, according to industry sources quoted in the 2 August report.
In addition to its activities in the renewable materials sector, LG Chem is also involved in the petrochemical, advanced materials and life sciences industries, according to its website.
LG Chem had been working with Finnish renewable fuels producer Neste since 2020 to produce eco-friendly materials made from plant-based feedstocks such as waste cooking oil, the report said.
As part of the partnership, LG Chem sources plant-based feedstocks from Neste for use in the production of bio-plastic products, including acrylonitrile butadiene styrene (ABS), the primary material for home appliances and toys, super absorbent polymer (SAP) for nappies and polyvinyl chloride (PVC) for flooring, Pulse wrote.
In addition, the Korean chemical company signed a contract with Jordan’s Baby Life to supply SAP for nappies in August 2021, the report said.
To date, LG Chem has launched more than 50 products featuring international sustainable material certifications, according to the report.
In a recent partnership, the company supplied US toy company Mattel with ABS based on vegetable feedstocks and, in October, it started selling its eco-friendly PVC to 50 countries following a memorandum of understanding signed with Korean flooring producer NOX Corp, Pulse wrote.