LDC Acquires "ISCC PLUS" Certification for the First Time in South Korea's Carbon Black Industry
PR95733
SEOUL, South Korea, May 3, 2022 /PRNewswire=KYODO JBN/ --
- By meeting global standards, the company is expected to increase both
domestic and oversea business
LDC Co., Ltd., a waste treatment and raw material recycling company, announced
on March 23 that it had acquired the ISCC PLUS Certification, the global
international certification system for eco-friendly materials, for the first
time in Korea's carbon black industry.
ISCC PLUS is an international certification system that meets the European
Union's Renewable Energy Directives in evaluating and certifying the
eco-friendliness and sustainability of materials and production processes of a
product.
With more than 130 eco-friendly material manufacturers, NGOs, and research
institutes around the world as members, the eco-friendly certification is
considered the industry's most credible. This certification can only be
obtained through strict evaluation of the eco-friendliness of a product from
raw materials and production to final product and sale.
Since 2017, LDC is the only company in Korea to produce and supply GCB (Green
Carbon Black), "Recovered Carbon Black (rCB)" using waste tires from Korea.
After collecting and crushing waste tires, LDC produces rCB through pyrolysis,
refining and processing, and is taking the lead in implementing a transparent
circular economy through a series of processes where the processed materials
are supplied to tire manufacturers who use them as raw materials.
LDC introduced GCB, an rCB product that meets the stringent quality
requirements demanded by tire companies, and was selected as one of the 100
Green New Deal Promising Companies and 1000 National Innovative Companies.
Sales volume has increased from 1,000 tons in 2020 to 1,200 tons in 2021 and
this year, sales are projected to increase by more than 4,000 tons, signifying
steady growth.
With the acquisition of ISCC PLUS certification, LDC has been recognized for
its efforts in meeting global standards as an eco-friendly company.
Hwang Yong-kyung, CEO of LDC, said, "We have been reducing carbon dioxide
emissions and the use of crude oil resources for a sustainable future, and have
been manufacturing recycled resource materials that solve environmental
problems caused by waste tires."
CEO Hwang forecast, "With the ISCC Plus certification, we will expand our
production capacity from 9,000 tons to 34,000 tons by 2025 by expanding Korean
and export sales to become Korea's leading global eco-friendly rCB company."
SOURCE LDCarbon
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Caption: LDC acquires “ISCC PLUS” certification for the first time in South Korea’s
carbon black industry
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