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Bangkok – 25 February 2026: Marking the first-ever collaboration of three industry leaders, Taokaenoi Food & Marketing Public Company Limited, or TKN, a manufacturer of seaweed snacks distributed domestically and internationally, SCG Chemicals, or SCGC, a leading integrated polymer and solutions provider for sustainability, and Dow Thailand Group, or Dow, a global leader in materials science, have jointly announced the signing of a landmark Memorandum of Understanding (MoU) to revolutionize the snack industry through the “Food-Grade Circular Packaging by Advanced Recycling Technology” project. This initiative aims to sustainably address plastic waste challenges under the concept of closed-loop recycling. This collaboration entails utilizing multi-layer packaging waste from the production processes of Taokaenoi, which was previously difficult to recycle. This waste will be processed using the advanced recycling technology of SCGC and converted back into circular feedstock. Following this, Dow will utilize the feedstock to produce new, clean, and food-grade plastic resins. These resins will then be safely used to manufacture food packaging for the Taokaenoi brand once again. It is anticipated that the packaging will be ready for commercial distribution by the end of 2026. Ms. Orrapat Peeradechapan, Chief Executive Officer of Taokaenoi Food & Marketing Public Company Limited, said, “Taokaenoi is committed to creating happiness for consumers through high-quality snacks, alongside prioritizing ESG (Environmental, Social, and Governance) principles by emphasizing sustainable economic, social, and environmental development. This collaboration represents a significant milestone that transforms the ‘challenge’ of hard-to-recycle packaging into an ‘opportunity’ to establish a practical circular economy. It is not merely about waste disposal, but rather about creating new value from used plastic. We do not only deliver great-tasting products, but we also aim to deliver a better world to consumers through eco-friendly packaging innovations that are clean, safe, and tangibly reduce environmental impacts. This will drive our business to grow alongside genuine sustainability.” Dr. Suracha Udomsak, Chief Operations and Innovation Officer of SCGC, said, “This collaboration reflects the capability of SCGC in utilizing advanced recycling technology to manage plastic packaging composed of multiple materials, which is difficult to recycle, and converting it back into circular feedstock. This feedstock can be used to produce new plastic resins (Certified Circular Polyolefin Resin), which possess properties and quality entirely equivalent to standard virgin plastic resins in all respects and are safe for direct food contact. As a result, the materials can be reused to manufacture food packaging for Taokaenoi. In addition, our process has achieved the globally recognized sustainability certification, ISCC PLUS (International Sustainability and Carbon Certification), throughout the entire supply chain, making SCGC the first company in ASEAN to achieve such certification. This partnership is considered a crucial step in driving SCGC’s goal of reintegrating used plastic into the circular economy system at a volume of 500,000 tons per year by 2030, through collaborations with business partners across the entire value chain.” Meanwhile, Mr. Vichan Tangkengsirisin, President of Dow Thailand, added, “As a materials science leader, Dow is proud to support this collaboration in Thailand by applying our technology to produce circular plastic resins from used flexible packaging feedstock with performance equivalent to fossil-based plastics. Dow Thailand Group’s polyethylene facility in Rayong is ISCC PLUS certified for its capability of converting advanced recycled feedstock into high quality, food grade circular resins. This initiative represents an important step toward closing the plastics loop in Thailand and advancing Dow’s sustainability ambition to transform the waste through collaboration with customers and value chain partners.” This collaboration serves as a model for the comprehensive management of used multi-layer plastic packaging. It reduces the accumulation of plastic waste in the country and decreases the consumption of new resources. This aligns with the sustainability goals of Taokaenoi, SCGC, and Dow, reinforcing the role of the business sector in tangibly driving the circular economy to build a sustainable future together.
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June 2024

Neste, Marubeni Corporation and Resonac Corporation to cooperate on renewable chemicals in Japan

  • Neste provides renewable Neste RE, a raw material for olefins and derivatives production at Resonac
  • Resonac produces renewable olefins and derivatives at its Oita Complex in Japan to meet demand of domestic and overseas markets
  • Marubeni coordinates logistics and supply chain from Neste to Resonac

10 June 2024 – Neste, Marubeni Corporation and Resonac Corporation have entered into a cooperative agreement to enable the production of renewable olefins and derivatives. The cooperation involves Neste RE™, a Neste-produced renewable raw material, being used to manufacture products at leading Japanese chemical company Resonac’s Oita Complex in Japan. Marubeni, a major Japanese general trading and investment conglomerate, will coordinate all logistical arrangements from Neste to Resonac.

Renewable Neste RE is a bio-based feedstock used in steam crackers. It is made from 100% renewable raw materials such as waste and residue oils and fats. Consisting of pure hydrocarbons, Neste RE can be used to replace conventional feedstock such as fossil naphtha in chemicals value chains, contributing to a reduction in greenhouse gas (GHG) emissions.

“Replacing fossil resources in the production of plastics is one of the major challenges the industry faces. We are excited to team up with Marubeni and Resonac in tackling this challenge. The sustainability transformation requires committed frontrunners and that is exactly what Marubeni and Resonac are,” says Carrie Song, Senior Vice President, Commercial, Renewable Products at Neste.

“We are excited to embark on a project to build the value chain for renewable chemicals, partnering with Neste, the world’s leading renewable feedstock supplier, and Resonac, a leading chemical company in Japan. We aim to contribute to the carbon neutrality of the petrochemical industry by establishing a trade flow of diverse renewable feedstocks in addition to conventional raw materials,” says Yoshiaki Yokota, Chief Executive Officer Energy & Infrastructure Solution Group at Marubeni.

“We are very happy to work cooperatively with Neste and Marubeni to cater to the need for renewable olefins and derivative products in the market. Resonac’s Oita Complex has been ISCC PLUS certified. The Oita Complex will continue providing the market with renewable olefins and derivative products by applying a mass balance method based on the ISCC system,” states Hirotsugu Fukuda, General Manager of the Olefins & Derivatives Business Unit at Resonac Corporation.