SK-Geocentric, signed a business agreement with Hanjin on Oct. 18 to supply and application of lightweight materials for vehicles

SK Geocentric is working with Hanjin to expand the application of lightweight materials for commercial vehicles, such as delivery vehicles. The goal is to make the delivery vehicle lighter, improve fuel efficiency, and contribute to reducing carbon emissions.

SK Geocentric and Hanjin announced on Oct. 18 that they had signed an MOU for mutual cooperation with the eco-friendly material business project at the SK Seorin Building in Jongno-gu, Seoul. Key executives from both companies attended the event, including SK Geocentric President Na Kyung-soo, Hanjin CEO Noh Sam-seok, and future growth strategy and marketing President Cho Hyun-min.

(From left) CEO Noh Sam-seok of Hanjin, President Cho Hyun-min of future growth strategy and marketing at Hanjin and President Na Kyung-soo of SK Geocentric are taking a photo at a business agreement ceremony held at SK Seorin Building in Jongno-gu, Seoul.
(From left) CEO Noh Sam-seok of Hanjin, President Cho Hyun-min of future growth strategy and marketing at Hanjin and President Na Kyung-soo of SK Geocentric are taking a photo at a business agreement ceremony held at SK Seorin Building in Jongno-gu, Seoul.

 

This MOU was signed as a result of a joint test conducted by the two companies for three months from May this year. This is a new application of the lightweight loading box using SK Geocentric's high-performance composite material UD (Unidirectional) Tape to Hanjin's delivery vehicle. The two companies plan to confirm the possibility of improving fuel efficiency and reducing carbon emissions through weight reduction and expanding their application.

UD Tape is a high-performance composite material that adds fiber-type reinforcement to plastic materials. The reinforcing agent plays the same role as the steel structure of the building, maximizing the rigidity of the material. The UD Tape has a higher content of reinforcing agent (more than 60%) compared with other materials with the result that it is recognized as a lightweight material that can replace metal.

The two companies reduced the weight of the loading boxes by about 10% (40 kg) compared with the existing ones by using UD tape in the loading boxes of two existing aluminum refrigerated delivery vehicles. 

SK Geocentric also tested general-purpose delivery vehicles with Han Express, a logistics company, and confirmed the possibility of weight reduction through UD tape and signed a business agreement to expand its application.

CEO Na Kyung-soo of SK Geocentric said, “We have prepared an opportunity to expand eco-friendly businesses through cooperation with companies with excellent capabilities in each field.

An official from Hanjin said, “Utilizing the characteristics of a logistics company, we will continue to find ways to reduce greenhouse gas emissions and strengthen our competitiveness in eco-friendly logistics by cooperating with various companies to prevent environmental pollution and proactively respond to climate change.”

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