SK Chemicals unveils sustainable packaging in Shanghai

[Courtesy of SK chemicals]

SK chemicals Co. showcased a variety of copolyester lineups made with recycled materials during the China Beauty Expo 2024, which took place in Shanghai for three days from My 22nd to 24th, the company announced on Monday.

The China Beauty Expo, Asia’s largest beauty fair, featured over 3,200 companies from 40 countries in the 2024 edition and SK chemicals, a leader in the Chinese copolyester market, exhibited sustainable plastic materials under the theme “Redefining Sustainable Beauty Packaging for the Future.” Among the showcased materials were the high-performance circular recycled copolyester, Ecotria CR, and the recyclable copolyester, Ecotria Claro, which can be sorted as polyethylene terephthalate (PET) after use.

The company introduced key technologies and materials for circular recycling and presented cosmetic containers made from these materials, and also shared these eco-friendly materials with global cosmetic brand representatives.

SK chemicals mapped out the world’s first commercial system for circular recycled materials In March 2023 and has since collaborated with various global brands in the cosmetic container market.

“We have been striving to use sustainable materials as the core material for premium cosmetic containers,” the company said, adding that it will continue to collaborate with global cosmetic brand owners to retain its market leadership.

According to the China Association of Fragrance, Flavor, and Cosmetic Industries, the Chinese cosmetics industry market was valued at 516.9 billion yuan ($71.2 billion) in 2023, an increase of 6.4 percent from the previous year. The industry is expected to see rapid growth of over 5 percent annually until 2025.