Renew System (CEO Lee Jong-yong), an eco-friendly advanced waterproofing specialist, announced on the 26th that it has signed a technology agreement with the Vietnam Institute of Water Conservancy and Construction, a key research institution for Vietnam's water resource infrastructure, and has launched a full-scale offensive on the Vietnamese dam maintenance market. The two parties signed a "Memorandum of Understanding on Technology Cooperation and Transfer of Testing Equipment" in Hanoi, Vietnam, and agreed to pursue the joint application of leak diagnosis and waterproofing solutions for over 7,300 dams across Vietnam.

Renew System (CEO Lee Jong-yong), a company specializing in eco-friendly new materials, announced on the 13th that it participated in 'CES 2026,' the world's largest IT and technology exhibition held in Las Vegas, USA from the 6th to the 9th, and showcased its chemical recycling technology and products.

Starting next year, "bottle-to-bottle" recycling will begin in earnest in Korea. The government will mandate the use of 10% recycled materials for beverage companies using more than 5,000 tons of PET bottles annually, effective January 1, 2026. This percentage will be gradually raised to 30% by 2030, and the scope of eligible companies will be expanded to include those using more than 1,000 tons of PET bottles per year. Currently, physical recycling accounts for over 90% of the PET recycling market; however, since the physical properties of physically recycled PET deteriorate with repeated recycling, eventually requiring disposal, this approach is closer to delaying disposal than promoting resource circulation. Considering the volume of waste resulting from quality degradation, it is highly likely that securing raw materials will become difficult as the mandatory recycling ratio increases. Chemical recycling can serve as a more fundamental solution, as it allows for the recycling of waste that is difficult to process through physical recycling, such as contaminated or mixed plastics.

Renew System Co., Ltd. (CEO Lee Jong-yong), a company specializing in the chemical recycling of waste plastics, announced on the 15th that it has successfully completed the commissioning of its demo plant built in the Munmak Bangye General Industrial Complex in Wonju, Gangwon-do, and has commenced normal operation.