[Press Release] LOTTE Chemical develops Korea’s first FDA-certified PCR-PP material


LOTTE Chemical develops Korea’s first FDA-certified PCR-PP material

To respond to restrictions on plastic use worldwide and to contribute to the development of sustainable containers of manufacturers

LOTTE Chemical has developed PCR-PP (Post-Consumer Recycled Polypropylene) that can be applied to cosmetic and food containers for the first time in Korea. The new material has been made with recycled plastic from cosmetic containers used by consumers and reprocessed in accordance with the FDA safety standards to convert into PCR-PP.

PCR-PP contains 30% or 50% recycled plastic as requested by customers and obtained FDA certification for use for cosmetic and food containers for the first time in Korea.  Its properties have been tested by cosmetic container manufacturers in Korea and abroad and it will be supplied from the 4th quarter this year.

The multinational cosmetic companies in Korea and abroad are promoting the policies to recycle up to 100% of cosmetic packaging materials and apply containers made with recycled plastic to up to 50% of products by 2025.  Their interests in developing sustainable packaging materials are increasing and the use of PCR-PP on cosmetic containers is expected to increase.  Currently, about 60% of cosmetic containers in Korea are made with plastic materials and about 30% of them are composed of polypropylene.

LOTTE Chemical has launched the Project LOOP campaign throughout the company to build a vital cycle of plastic and developed recycled plastic materials (rPET, rPP, rABS, rPC) to apply recycled PC (Polycarbonate) and recycled ABS (Acrylonitrile Butadiene Styrene) to home appliances, such as mobile devices and TV, to extend the lifespan of plastic materials.  

“With the recent development, we believe that the market for recycled plastic products made with PCR-PP would expand for cosmetic containers, food containers, and other industries,” said CEO Kim Gyo-Hyun.  “LOTTE Chemical will strive to create a better social value by expanding the supply and development of recycled plastic materials and contributing to creating the culture of plastic circular economy.”