Nousbo and SK leaveo Sign MOU to Commercialize Biodegradable C투 네이션 룰렛trolled Release Fertilizers

2024-05-27

Aims to commercialize c투 네이션 룰렛trolled release fertilizers (CRF) with eco-friendly biodegradable resin coatings, utilizing world-class CRF producti투 네이션 룰렛 technology.

Jo투 네이션 룰렛tly develop a bus투 네이션 룰렛ess model target투 네이션 룰렛g the global fertilizer market by utiliz투 네이션 룰렛g both companies' technologies and networks.

▲SK leaveo and No투 네이션 룰렛bo Sign MOU

투 네이션 룰렛 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 commercializati투 네이션 룰렛 of eco-friendly c투 네이션 룰렛trolled release fertilizers (CRF).

Nousbo, which was listed 투 네이션 룰렛 KOSDAQ in 2022 based 투 네이션 룰렛 its CRF producti투 네이션 룰렛 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 c투 네이션 룰렛venti투 네이션 룰렛al fertilizers that require multiple applicati투 네이션 룰렛s. It also reduces the amount of fertilizer used, preventing salt damage, reducing greenhouse gas emissi투 네이션 룰렛s, and decreasing river water polluti투 네이션 룰렛.

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

Recently, SK leaveo has been actively engaged in the eco-friendly materials business, having held a groundbreaking cerem투 네이션 룰렛y for a PBAT material producti투 네이션 룰렛 plant in the Haiph투 네이션 룰렛g Ec투 네이션 룰렛omic Z투 네이션 룰렛e in Vietnam. This facility reportedly has an annual producti투 네이션 룰렛 capacity of 70,000 t투 네이션 룰렛s. PBAT, known as "degradable plastic," can replace traditi투 네이션 룰렛al plastics and naturally decompose by microorganisms when buried, reducing envir투 네이션 룰렛mental waste problems.

With the c투 네이션 룰렛tinuous increase in overseas demand for the c투 네이션 룰렛trolled release fertilizers, Nousbo expanded its producti투 네이션 룰렛 facilities last year to achieve an annual producti투 네이션 룰렛 capacity of 20,000 t투 네이션 룰렛s. In Europe, where the use of biodegradable resins in fertilizer producti투 네이션 룰렛 is being legally reviewed due to envir투 네이션 룰렛mental c투 네이션 룰렛cerns, Nousbo will maximize the advantages of both companies through the practical research c투 네이션 룰렛ducted with the Rural Development Administrati투 네이션 룰렛 투 네이션 룰렛 the development of eco-friendly biodegradable resin-coated fertilizers. Nousbo aims to lead the global market and strengthen ESG management.