In South Korea, SK Chemicals is advancing sustainability in the European automotive market by supplying recycled materials to global automotive brands. SK chemicals has entered into an Exclusive Partnership Agreement with Durmont and Paarang at its ECOLAB headquarters, located in South Korea.
Durmont, an Austrian automotive carpet manufacturer, produces carpet roll goods for approximately 7 million vehicles annually. In 2023, Durmont was acquired by Visscher-Caravelle Group (VC) — a Dutch Tier1 supplier of Car Floor Mats and other automotive accessories with a market share of over 40% in the European market. VC supplies to several major European automotive brands.
Paarang will support SK chemicals and Durmont in facilitating smooth communication and operations. Leveraging its expertise in logistics and supply chain management, Paarang aims to enhance reliability and efficiency throughout the transaction process.
The three companies have already successfully developed yarns and finished products such as carpets and mats using SK chemicals’ differentiated CR (Chemical Recycled) PET material solution. These products meet automotive testing requirements and quality standards. The exclusive partnership agreement was signed to accelerate supply and market expansion.
Tags: Durmont, SK Chemicals, South Korea
Category: Fuels
