South Korean company DS Dansuk is planning to make its debut in the market this year with a focus on biodiesel, battery, and plastic recycling. The company aims to expand its production facilities and invest in research and development to establish itself as a global leader in the circular economy.

Established in 1965, DS Dansuk started as a fine chemical business and later moved into the PVC industry. It has since ventured into biodiesel and battery recycling, becoming the first Korean exporter of waste-based biodiesel to the US and Europe, shipping 2,000 to 3,000 metric tons per month. The company also plans to expand its operations in renewable fuel by building new production plants for HVO and creating global recycling bases for battery recycling.

Additionally, DS Dansuk is working on a technology to sort plastic with 99 percent purity for its PCR plastic recycling business. The company aims to float 1.22 million shares on the nation’s main bourse Kospi this month, projecting to raise between 463.1 billion-521.7 billion won. KB Securities and NH Investment and Securities are the lead underwriters for the market debut.

>Source link>

>>Join our Facebook Group be part of community. <<

By hassani

Leave a Reply

Your email address will not be published. Required fields are marked *