ThermoLab Korea Launches Full-Scale Entry into Asia's Eco-Friendly Packaging Market

- Establishment of Joint Venture Corporation in China
- EcoLiner Expands in Asian Market... Leading Sustainable Packaging Ecosystem

ThermoLab Korea announced a new leap forward to expand the Asian eco-friendly packaging market by establishing ‘ThermoLab Suzhou New Material Science and Technology Co., Ltd.’ in Suzhou, China. This joint venture was created through collaboration with China’s leading packaging manufacturing company, ‘Jinbixin New Material Science and Technology Co., Ltd.’ By combining the strengths of both companies, they plan to strengthen competitiveness in the eco-friendly packaging market. In particular, aligned with China’s policy to completely ban the use of Styrofoam by 2025, the two companies intend to expand the production and distribution of eco-friendly packaging products to effectively respond to market demand.

[Kim Bi-shin, CEO of Shin Jajae Science and Technology Co., Ltd. Wang Teng Fei (WANG TENG FEI) (left), Choi Seok, CEO of Thermolab Korea (right) (Provided by Thermolab Korea)]

Jinbixin New Material Science and Technology Co., Ltd. is a company with annual sales exceeding 5 billion KRW, possessing a 6,000㎡ advanced production facility and independent eco-friendly technology patents. Through this collaboration, ThermoLab Korea plans to expand the production line of EcoLiner and extend its market reach across Asia, including Korea, China, Japan, and Southeast Asia.

[ThermoLab Korea's 'Eco Liner' (Provided by ThermoLab Korea)]

EcoLiner is a next-generation eco-friendly cold chain packaging that can replace Styrofoam. It is recyclable as paper and contributes to carbon reduction and resource circulation by recycling waste paper. It can maintain a stable temperature for over 24 hours, providing an optimal solution even in demanding logistics environments such as pharmaceutical and fresh food transportation. In particular, EcoLiner is an eco-friendly alternative product that complies with global regulatory changes such as the European Union’s Single-Use Plastics Directive (SUP Directive) and China’s plastic pollution management policies, contributing to carbon emission reduction and environmental pollution prevention by reducing Styrofoam usage.

Major domestic logistics companies are enhancing their logistics efficiency and strengthening their eco-friendly brand image by using EcoLiner. Based on these domestic success cases, EcoLiner is now actively entering the Asian logistics market.

Choi Seok, CEO of ThermoLab Korea, stated, “This joint venture in China will be an important opportunity to expand the eco-friendly packaging business in the Asian market. EcoLiner sets a new standard in the global logistics market and will achieve sustainable growth and environmental protection simultaneously.”

CEO Choi added, “We will strengthen cooperation with global pharmaceutical companies and food logistics firms to further promote the excellence of EcoLiner. Additionally, we aim to meet market demands by providing innovative solutions in line with changes in eco-friendly packaging regulations in various countries. We will continuously innovate to establish ourselves as a leading company in the eco-friendly packaging market.”