Product

Motivation & Exploration: PP Market Outlook and Green Revolution

As the global push for carbon reduction grows across industries, sustainability has become a key focus for innovation and growth, including in the polypropylene (PP) sector.

Drawing on its deep understanding of polypropylene market trends and a strong foundation in innovation, LCY is at the forefront of advancing sustainable PP solutions. Leveraging internal integrated resources and external partnerships, LCY develops renewable polypropylene and circular polypropylene for cosmetics and medical devices, among various other applications.

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

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: Renewable PP in Cosmetics & Food Sectors

In recent years, we observe growing customer demand for renewable PP, especially in cosmetic and food sectors.

Renewable PP and fossil-based PP share many similar properties, including color/aesthetics, excellent processability, and high tensile strength. These properties of fossil-based and renewable PP are highly valued in cosmetics and food packaging, where durability and aesthetics are crucial. Yet, renewable PP come with the added advantage of being environmentally friendly and in line with the current global trend.

Sustainable LCY Innovations Beyond Renewable PP

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.