Doshi Yujeon Signs Naphtha-Grade Recycled Feedstock Supply Deal with Trafigura

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By Kim Ki-hyuk
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At a virtual export contract signing ceremony for recycled raw materials held on May 26, Harry Kowper, Director of Coles Trafigura, holds the signed contract. Photo courtesy of Doshi Yujeon - Seoul Economic Daily Technology News from South Korea
At a virtual export contract signing ceremony for recycled raw materials held on May 26, Harry Kowper, Director of Coles Trafigura, holds the signed contract. Photo courtesy of Doshi Yujeon

Doshi Yujeon announced Thursday that it has signed a contract with Trafigura to supply naphtha-grade recycled feedstock produced using its proprietary non-combustion low-temperature pyrolysis technology. This marks the first export of recycled feedstock produced with domestic proprietary technology in Korea.

The export contract carries significance as it represents a case in which naphtha-grade recycled feedstock derived from waste plastics has been exported to a global company after obtaining ISCC PLUS certification. Beyond simple waste plastic recycling, recycled feedstock made with Korea's independent technology has been integrated into the global petrochemical supply chain.

Wave Jeongeup, operated by Doshi Yujeon, is equipped with facilities that produce 4,550 tons annually of high-quality naphtha-grade recycled feedstock (RGO) by applying Doshi Yujeon's proprietary technology, which decomposes waste vinyl and waste plastics through electricity-driven low-temperature indirect heating. The technology separates the carbon bonding structure using ceramic ball wave energy, raising the recovery rate of recycled oil while minimizing carbon emissions and the generation of harmful substances such as dioxins. The recycled feedstock produced achieves naphtha-level quality and is highly regarded for its potential use as a raw material in naphtha cracking centers (NCC) and petrochemical processes.

The recent escalation of geopolitical tensions in the Middle East and instability in global supply chains, which have widened volatility in international oil and naphtha prices, are also cited as factors drawing overseas interest.

"Doshi Yujeon's low-temperature pyrolysis technology is not merely a waste treatment technology, but one that changes the feedstock paradigm of the petrochemical industry," Doshi Yujeon CEO Jung Young-hoon said. "Through this export contract with Trafigura, we have proven the global competitiveness of Korean-style circular economy technology."

Original reporting by Kim Ki-hyuk for Seoul Economic Daily.

AI-translated from Korean. Quotes from foreign sources are based on Korean-language reports and may not reflect exact original wording.

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