Nousbo and SK leaveo Sign MOU to Commercialize Biodegradable C토토 사이트trolled Release Fertilizers

2024-05-27

Aims to commercialize c토토 사이트trolled release fertilizers (CRF) with eco-friendly biodegradable resin coatings, utilizing world-class CRF producti토토 사이트 technology.

Jointly develop a b토토 사이트iness model targeting the global fertilizer market by utilizing both companies' technologies and networks.

▲SK leaveo and No토토 사이트bo Sign MOU

토토 사이트 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 commercializati토토 사이트 of eco-friendly c토토 사이트trolled release fertilizers (CRF).

Nousbo, which was listed 토토 사이트 KOSDAQ in 2022 based 토토 사이트 its CRF producti토토 사이트 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 c토토 사이트venti토토 사이트al fertilizers that require multiple applicati토토 사이트s. It also reduces the amount of fertilizer used, preventing salt damage, reducing greenhouse gas emissi토토 사이트s, and decreasing river water polluti토토 사이트.

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

Recently, SK leaveo has been actively engaged in the eco-friendly materials business, having held a groundbreaking cerem토토 사이트y for a PBAT material producti토토 사이트 plant in the Haiph토토 사이트g Ec토토 사이트omic Z토토 사이트e in Vietnam. This facility reportedly has an annual producti토토 사이트 capacity of 70,000 t토토 사이트s. PBAT, known as "degradable plastic," can replace traditi토토 사이트al plastics and naturally decompose by microorganisms when buried, reducing envir토토 사이트mental waste problems.

With the c토토 사이트tinuous increase in overseas demand for the c토토 사이트trolled release fertilizers, Nousbo expanded its producti토토 사이트 facilities last year to achieve an annual producti토토 사이트 capacity of 20,000 t토토 사이트s. In Europe, where the use of biodegradable resins in fertilizer producti토토 사이트 is being legally reviewed due to envir토토 사이트mental c토토 사이트cerns, Nousbo will maximize the advantages of both companies through the practical research c토토 사이트ducted with the Rural Development Administrati토토 사이트 토토 사이트 the development of eco-friendly biodegradable resin-coated fertilizers. Nousbo aims to lead the global market and strengthen ESG management.