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SK Global Chemical joins K Show 2019 in Germany for a foothold in the global packaging and automotive industry
2019.10.16 | SKinno News

■ SK Global Chemical expects to communicate with the global market and find potential clients in packaging and automotive industries, the future growth engine of the company.
■ Themes included “One-Stop Packaging Solution” and “Environmental, Ultralight Automotive Solutions”.
■ CEO Na Kyung-soo said, “Since it is a high value-added market that is less affected by the recession and will continue to grow, we are focusing on our competence to become a major global company in this market.”

 

SK Global Chemical (CEO Na Kyung-soo, www.skglobalchemical.com) took part in the K Show 2019, a trade show held in Düsseldorf, Germany, on the 16th in a bid to gain a foothold into the existing and upcoming markets of global packaging and automotive. The company’s booth was jointly operated by SK Chemicals.

 

The major goals of SK Global Chemical’s participation in the K Show include proactively communicating with the global packaging and automotive markets, which are the two industries that the company has been focusing on as its future growth engines, and taking the K Show as a place to meet its potential clients. The booth was divided into the packaging and automotive zones to provide a more in-depth experience for the visitors.

 

K Show is a global plastic and rubber trade fair held in Germany every three years. It is counted as one of the three foremost plastic trade shows in the world, along with the National Plastic Exposition (NPE) of the United States and the Chinaplas of China. This year’s K Show involves nearly 3,200 companies from 60 countries around the world taking part in a fair held from October 16 to 23 and is expected to draw about 230,000 visitors from 160 countries around the world.

 

The major themes of SK Global Chemical’s booth this time are: ▲One-Stop Packaging Solution and ▲Environmental, Ultralight Automotive Solutions.

 

“One-Stop Packaging Solution” is a core strategy of SK Global chemical organized around an extensive portfolio of major materials in packaging that seeks to provide a one-stop destination to the solutions demanded by the customers through customer-centered marketing strategies. Thus, the Packaging Zone showcased Multilayer Films and Film Resin products, such as high-performance polyethylene NexleneTM technology and high added-value packaging materials such as Promacor and SARANTM.

 

SK Innovation also introduced its acquisition of Arkema’s high-performance polymer division, which was first revealed to the world on the 15th of October. The acquisition of Arkema’s high-performance polymer division represents the continuation of SK Global Chemical’s drive to strengthen its packaging portfolio, starting with 2017’s acquisition of EAA and PVDC units from Dow Chemical.

 

The other highlight of the exhibition was the high crystalline plastic materials of HCPP, POE, and high-performance synthetic rubber EPDM, which represent SK Global Chemical’s “Environmental, Ultralight Automotive Solutions” strategy on environmentally friendly mobility markets, such as EV. In particular, high crystalline plastics are common materials in both the interior and exterior of automobiles. As it can reduce the number of materials used by nearly 10% compared to conventional plastics, high crystalline plastics bring positive effects such as improving vehicle efficiency and reducing emissions.

 

CEO Na Kyung-soo of SK Global Chemical commented, “SK Global Chemical has recently put forth a great effort to acquire a solid technology-based portfolio in the packaging and automotive products through the recent acquisition of European business assets and other projects”, and “since it is a high value-added market that is less affected by the recession and will continue to grow, we are focusing on our competence to become a major global company in this market.”


[Photo]
An exhibition guide (left) explains the automotive materials to the visitors at SK Global Chemical booth

 

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