SK chemicals, Hyosung Advanced Materials, and Hankook Tire Commercialize South Korea's First Chemically Recycled PET Tire

Key Facts

- Establishing a circular economy that extends from recycled PET to high-strength tire cords and electric vehicle-exclusive tires * Leading the global tire industry's sustainable management by commercializing products with 45% eco-friendly certified materials SEONGNAM, South Korea, March 5, 2024 /PRNewswire/ -- To reduce carbon emissions, the South Korean industrial sector has developed and commercialized the country's first tire using chemically recycled PET.
SK chemicals, Hyosung Advanced Materials, and Hankook Tire have collaboratively developed this tire over a period of about two years.
SK chemicals has reliably supplied the circular recycled PET "SKYPET CR", and Hyosung Advanced Materials developed the high-strength recycled PET-based tire cords using this as a raw material.
The iON model developed by Hankook Tire incorporates 45% sustainable materials, including bio-based, circular, and bio-circular polymers, bio-based silica along with Hyosung Advanced Materials' tire cords, and the model is the first tire to bear the ISCC PLUS certification logo.