Product

Motivation & Exploration: PP Market Outlook and Green Revolution

As the global consensus on carbon reduction continues to grow across sectors, "sustainability" is emerging as an area of significant development potential and technological value. LCY, based on insights into polypropylene (PP) market trends and the company's long-standing commitment to innovation, aims to provide comprehensive sustainable PP solutions by leveraging its internal integrated resources. Furthermore, through external collaboration with partners, LCY aims to develop "renewable polypropylene" and "circular polypropylene" as effective sustainable solutions.

Recent market observations have shown a steady expansion of applications for sustainable PP. In addition to traditional plastic products, renewable PP has demonstrated empirical success in industries such as cosmetics packaging, healthcare, and food.

On the customer side, whether local Taiwanese customers, global contract manufacturers, or global brands, there is a growing demand for high-quality renewable PP. This trend suggests a promising future for renewable PP as the market becomes more diversified.

At the same time, as public awareness of environmental issues increases, so does consumer preference for green materials. This trend underscores LCY's commitment to minimizing the environmental impact of its processes and investing in R&D resources to improve material sustainability while reducing environmental impact. In doing so, LCY aims to achieve a mutually beneficial outcome for both the company and society.

Technology & Innovation: Renewable PP from Bio-Based Materials as a Sustainable Solution

Renewable PP, derived from non-food plant materials such as discarded fruit peels and straws, is a key focus for LCY. The latest technology enables the conversion of bio-based feedstock into propylene for the production of polypropylene. This innovative solution is in line with environmental principles and adds unique value to products to meet the growing market demand for environmental sustainability.

Investing in renewable PP solutions is both technically challenging and strategically important to LCY's competitiveness and development. By offering more sustainable and environmentally friendly product options, LCY provides cost-effective solutions for customers seeking to implement low-carbon strategies. In addition, LCY is making a significant contribution to a low-carbon future by promoting high-performance materials.

LCY's renewable PP solution ensures a high-quality renewable bio-based feedstock and adopts globally recognized certification standards such as the International Sustainability and Carbon Certification (ISCC). By becoming ISCC Plus certified, the certification scheme specifically designed for the chemical engineering industry, LCY guarantees that the production, storage, and sales mechanism of renewable PP complies with international standards using a mass balance accounting system.

Impact & Highlight: The PP Era and Future Applications

There is a growing customer preference for renewable materials in today's food and cosmetic sectors. This preference can be attributed to the fact that the properties of renewable PP and fossil-based PP are largely similar, including color/aesthetics, excellent processability, and high tensile strength, with renewable PP being much more environmentally friendly and in line with the current global trend.

In addition to renewable PP, LCY also recognizes the importance of post-consumer recycling (PCR). As policies in various countries mandate a certain amount of recycled content in plastic products, our circular PP solution offers the advantage of a relatively stable feedstock source. After physical recycling, the resulting circular PP provides high-performance materials with increased price competitiveness.

To further expand its business and diversify its product line, LCY recognizes the need to establish stable partnerships with suppliers. In addition to existing partnerships in Taiwan, LCY is also focusing on market dynamics in the Greater China and Southeast Asia regions to identify suitable collaborators.

In addition, LCY is furthering discussions with major global brands to explore other potential and scalable applications for its products. By combining front-line demand with LCY's robust R&D capabilities, the company continues to introduce competitive renewable PP solutions that meet market needs and trends for future applications.