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Commercialization system for chemical materials of animal and vegetable oil wastes and demonstration of multipurpose technology

Country of Origin: South Korea
Reference Number: TOKR20190207001
Publication Date: 7 February 2019

Summary

The Korean SME has developed recycling technology of animal and vegetable oil wastes and turning them into other materials. This technology is used in preprocessing of waste resources field, biodiesel production field, etc. Since the technology uses waste resources, it has price competitiveness.

The cooperation form sought is commercial agreement with technical assistance and license agreement.

Description

A Korean SME established in 2002 has specialized in recycling technology with  the resource of circulation technology. The animal and vegetable oil wastes are recycled by using esterifying preprocessing technology and dimerizing technology. They compose eco-friendly polymers based on monomers for polymerization, and then are developed into adhesive material, hot melt adhesive, etc.

On the basis of manufacturing eco-friendly polymers technology, the company has developed: controlling molecular weight technology, mixing technology, and application technology of eco-friendly polymers for coating.

The technology is applicable in fields of oil waste preprocessing, biodiesel production, manufacturing eco-friendly polymers, hot melt adhesive, paint, and polyol ester that replaces petroleum goods. And the used cooking oil recycling company, the biodiesel producing company and the chemistry of fat and oil company seem to have interest in this technology.

Under license agreement, partners should commercialize the product and bring it to market by licensing agreement and commercial agreement with technical assistance.

Advantages and Innovations

-The finally produced polymer (coating) is eco-friendlier than petrochemistry products
-The quality is similar to the petrochemistry products.
-Since the technology uses waste resources, it is cost competitive.

Stage Of Development

Prototype available for demonstration

Requested partner

- Type of partner sought: SME or large company
- Specific area of activity of the partner: Partners should have sufficient skills to commercialize and bring the products to market, and have interest in using recycled oil wastes.
- Task to be performed: Under license agreement, partners should commercialize the product and bring it to market by licensing agreement and commercial agreement with technical assistance

Cooperation offer ist closed for requests