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홈 Communication PR
SK leaveo secures strategic investment from IFC to accelerate expansion of eco-friendly ecosystem
Date Submitted 2025-08-07

​● Funds to be used for the completion and operation of reinforced polybutylene adipate terephthalate (PBAT) plant in Viet Nam

​● Project expected to strengthen global cooperation in circular economy and sustainable agriculture

● IFC will also support implementation of Environmental and Social Management System 


SK leaveo, the biodegradable materials investment arm of SKC (CEO: Woncheol Park), has secured a strategic investment of USD 40 million (approximately KRW 55 billion) from the International Finance Corporation (IFC), a member of the World Bank Group and the largest global development institution focused on the private sector in emerging markets, to finance the construction of its biodegradable plastics plant in Viet Nam. 

On 7th, SKC announced that SK leaveo and IFC signed a strategic investment agreement, marking the start of a partnership to expand its global eco-friendly ecosystem. 

This investment is based on global confidence in SK leaveo’s PBAT business capabilities and growth potential. The funds will be used to complete and operate the Viet Nam production facility, which is scheduled for completion in the third quarter of this year. SK leaveo plans to produce 70,000 tons of reinforced PBAT annually, aiming for commercialization in the first half of 2026. 

IFC and SK leaveo will also continue to explore further opportunities to collaborate in areas including sustainable agriculture and materials, among others. In addition, following completion of the construction of the PBAT plant, IFC will work closely with SK leaveo to implement an Environmental and Social Management System aligned with international standards and continue to enhance its capabilities for responding to global regulatory requirements.

A representative from SK leaveo stated, “This investment from IFC is a global recognition of the growth potential of SK leaveo’s proprietary technology, as well as a beginning of aligning SKC’s sustainable business strategy with the international community,” adding, “SK leaveo will continue to drive eco-friendly innovation across technology, production, and partnerships.”

A representative from IFC said: “We are delighted to support SKC’s expansion in the sustainable materials sector and contribute to the growth of the biodegradable materials market, which plays a vital role in reducing plastic waste. Through this investment, IFC aims to support the development of the sustainable materials industry in emerging markets, help diversify the global supply chain for sustainable materials, improve sustainable agricultural infrastructure, and create local jobs in Viet Nam.”


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