Dosi Yujeon Signs Waste Plastic Recycling Equipment Supply Deal with Peullaseutik Ekseu

KRW 25 Billion Deal

Waste plastic decomposition facility at Wave Jeongeup's plant. Urban Oil Field.

Dosi Yujeon, an eco-friendly renewable energy and resource-circulation technology company, announced that it had signed a supply agreement on October 29 with Peullaseutik Ekseu Co., Ltd., represented by CEO Jeong Byeongseok, for RGO equipment to produce recycled raw materials from waste plastic. The agreement is worth KRW 25 billion and covers equipment with a total capacity of 50 tons.

Under the agreement, Dosi Yujeon plans to supply the equipment to domestic recycling companies through Peullaseutik Ekseu in 2027. In November 2025, Dosi Yujeon completed the "Wave Jeongeup" commercial plant in Jeongeup, North Jeolla Province, in partnership with Woori Technology Co., Ltd. The facility can process 24 tons of waste plastic per day.

Dosi Yujeon's RGO equipment breaks down waste vinyl and waste plastic at a relatively low temperature of around 300°C, without directly burning them, by using indirect electric heating and special ceramic materials.

This process converts waste plastic into high-value-added recycled raw materials that can be used in the petrochemical industry. Dosi Yujeon said it had secured technological capabilities and a foundation for commercialization through certifications including the Ministry of Trade, Industry and Energy's New Excellent Technology (NET) certification and the International Sustainability and Carbon Certification (ISCC PLUS), and that its technology had been validated both in Korea and abroad.

Dosi Yujeon said that, in addition to supplying equipment in Korea, it is actively pursuing overseas plant construction and technology cooperation projects with companies in Indonesia, Vietnam, Australia, Saudi Arabia and other countries.

"If Wave Jeongeup was the starting point that proved the commercial viability of our proprietary technology, this contract marks a new turning point for growth as we expand our technology and equipment into domestic and international markets," said Dosi Yujeon CEO Jeong Younghoon. "We will develop our equipment supply business and recycled raw material production business as our two main growth engines and leap forward as a global eco-friendly resource-circulation company."

"We highly value Dosi Yujeon's proprietary technology and the commercial success of Wave Jeongeup," said Peullaseutik Ekseu CEO Jeong Byeongseok. "This contract will serve as an opportunity for us to lead the move toward higher value-added products in Korea's recycling industry. By combining the technological capabilities and business expertise of both companies, we will also jointly enter the global resource-circulation market."

This content was produced with the assistance of AI translation services.