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Sinopex and Right Route Sign MOU to Develop High-Performance New Materials via PTFE Membrane Upcycling
Sinopex (025320) announced on the 20th that it signed a Memorandum of Understanding (MOU) with Light Route on the 19th to jointly develop high-performance new materials through upcycling of PTFE membranes.
The signing ceremony took place at Sinopex’s Dongtan plant in Hwaseong, Gyeonggi Province, with key representatives including Sinopex’s Vice President and Light Route’s CEO Shin Min-jung in attendance.
At the event, both companies agreed to cooperate on △ PTFE membrane upcycling △ joint research and development of eco-friendly functional new materials △ social contribution activities using upcycled materials. They also plan to accelerate their Environmental, Social, and Governance (ESG) management efforts.
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