Park Jae-hyuk is a seasoned journalist who has provided comprehensive coverage of South Korea's corporate dynamics, economic policies, industry challenges and the global positioning of Korean companies. Based on the articles he has written since joining The Korea Times in 2016, his investigative approach has helped readers understand corporate governance, economic trends and business strategies shaping South Korea’s economy.
LG Display, Hanwha Solutions collaborate to develop eco-friendly packaging with recycled plastic
LG Display's employees introduce the company's eco-friendly packaging made with recycled plastic in this photo released by the display maker, Monday. Courtesy of LG Display
By Park Jae-hyuk
LG Display said Monday that it developed eco-friendly packaging for electronic components using post-consumer recycled plastic in collaboration with Hanwha Solutions.
Post-consumer recycled plastic is a sustainable material derived from recycled plastic products previously used by consumers. By repurposing these materials, post-consumer recycled plastic enhances resource circulation and lowers carbon emissions.
The new packaging material is made from post-consumer recycled plastic certified by Control Union, a global environmental certification organization, and meets the Global Recycled Standard.
To ensure the new packaging solution would meet the quality of conventional materials, LG Display and Hanwha Solutions conducted two years of joint research. LG Display concentrated on optimizing design and verifying performance, while Hanwha Solutions focused on refining and processing raw materials.
According to LG Display, the new packaging is expected to reduce carbon emissions by approximately 520 tons annually, which represents about 40 percent of the previous carbon output.
The company will start using this sustainable packaging for its automotive display panels in January next year, with plans to gradually expand its use across other product lines.
"We will continue to innovate in eco-friendly materials to contain negative impacts on the environment and provide our customers with differentiated value,” Kwak Tae-hyoung, head of LG Display’s material research division, said.