EcoNature Co., Ltd. Preparing for IPO to Pursue KOSDAQ Listing Next Year

On the 16th, EcoNature Co., Ltd. announced that it plans to pursue an IPO (Initial Public Offering) next year as part of its efforts to secure corporate value through business expansion.

EcoNature, a company specializing in eco-friendly materials, raw materials, and packaging, produces bio-based plastics made from biomass such as corn stalks and stems. Using bio-based plastic raw materials, they manufacture biodegradable films and vinyl. A company representative explained that since the main raw materials are natural plant-based ingredients, the products can decompose naturally and the decomposition period can be controlled.

EcoNature stated on the 16th, "Our management goal for 2022 is to grow sales to 37 billion KRW and achieve an operating profit of over 10 billion KRW. In 2023, we plan to apply for a preliminary review for listing on the KOSDAQ market."

CEO Juri Park of EcoNature said, "Our management goal for 2022 is to grow sales to 37 billion KRW and achieve an operating profit of over 10 billion KRW. In 2023, we plan to apply for a preliminary review for listing on the KOSDAQ market." She added, "EcoNature’s products are made using bio-based plastics, which reduce carbon emissions and harmful substances. By controlling the decomposition period, we prevent environmental and soil pollution. Our product line aligns with the government’s Carbon Neutrality 2050 initiative, and we are committed to continuous research and development."