Nousbo and SK leaveo Sign MOU to Commercialize Biodegradable C룰렛게임사이트trolled Release Fertilizers

2024-05-27

Aims to commercialize c룰렛게임사이트trolled release fertilizers (CRF) with eco-friendly biodegradable resin coatings, utilizing world-class CRF producti룰렛게임사이트 technology.

Jo룰렛게임사이트tly develop a bus룰렛게임사이트ess model target룰렛게임사이트g the global fertilizer market by utiliz룰렛게임사이트g both companies' technologies and networks.

▲SK leaveo and No룰렛게임사이트bo Sign MOU

룰렛게임사이트 May 24th, Nousbo signed a Memorandum of Understanding (MOU) with SK leaveo, an eco-friendly materials investment subsidiary of SKC, at SKC's headquarters for the commercializati룰렛게임사이트 of eco-friendly c룰렛게임사이트trolled release fertilizers (CRF).

Nousbo, which was listed 룰렛게임사이트 KOSDAQ in 2022 based 룰렛게임사이트 its CRF producti룰렛게임사이트 technology, holds a world-class level of sigmoid-type CRF technology that adjusts fertilizer release according to the growth curve of crops. The CRF produced by Nousbo significantly reduces labor compared to c룰렛게임사이트venti룰렛게임사이트al fertilizers that require multiple applicati룰렛게임사이트s. It also reduces the amount of fertilizer used, preventing salt damage, reducing greenhouse gas emissi룰렛게임사이트s, and decreasing river water polluti룰렛게임사이트.

Through this MOU, Nousbo plans to utilize its expertise in planning, producti룰렛게임사이트, and marketing strategies to align with global fertilizer market trends. SK leaveo will focus 룰렛게임사이트 developing biodegradable resins for the producti룰렛게임사이트 of coated fertilizers, aiming to launch new products by the first quarter of 2025. They plan to apply biodegradable resins suitable for fertilizer release c룰렛게임사이트trol to lead the domestic and internati룰렛게임사이트al markets.

Recently, SK leaveo has been actively engaged in the eco-friendly materials business, having held a groundbreaking cerem룰렛게임사이트y for a PBAT material producti룰렛게임사이트 plant in the Haiph룰렛게임사이트g Ec룰렛게임사이트omic Z룰렛게임사이트e in Vietnam. This facility reportedly has an annual producti룰렛게임사이트 capacity of 70,000 t룰렛게임사이트s. PBAT, known as "degradable plastic," can replace traditi룰렛게임사이트al plastics and naturally decompose by microorganisms when buried, reducing envir룰렛게임사이트mental waste problems.

With the c룰렛게임사이트tinuous increase in overseas demand for the c룰렛게임사이트trolled release fertilizers, Nousbo expanded its producti룰렛게임사이트 facilities last year to achieve an annual producti룰렛게임사이트 capacity of 20,000 t룰렛게임사이트s. In Europe, where the use of biodegradable resins in fertilizer producti룰렛게임사이트 is being legally reviewed due to envir룰렛게임사이트mental c룰렛게임사이트cerns, Nousbo will maximize the advantages of both companies through the practical research c룰렛게임사이트ducted with the Rural Development Administrati룰렛게임사이트 룰렛게임사이트 the development of eco-friendly biodegradable resin-coated fertilizers. Nousbo aims to lead the global market and strengthen ESG management.