[Asia Economy Reporter Jang Hyowon] Serim B&G is showing strong performance. This is interpreted as a result of the spotlight on plastic biodegradation technology.
As of 1:49 PM on the 7th, Serim B&G is trading at 3,145 KRW, up 10.35% compared to the previous day.
According to the 110 national tasks announced by the Yoon Seok-yeol administration, the Ministry of Trade, Industry and Energy and the Ministry of Environment will each establish standards related to biodegradable plastics (PLA) and allow pyrolysis recycling of waste plastics. Globally, biodegradable plastics are also being highlighted as a method to reduce carbon dioxide emissions.
Serim B&G is engaged in the business of manufacturing and selling plastic containers for food packaging using vacuum forming technology and biodegradable films made from eco-friendly biodegradable materials.
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