Hanwha Solutions\' Wire & Cable unit said it will begin commercialising CHBA-8241RC, a high-density polyethylene-based power cable jacket material made with 50 percent post-consumer recycled plastic. The company said the material emits about 34 percent less carbon per kilogram than existing products while maintaining equivalent electrical characteristics. It completed manufacturers\' production tests and quality verification in the first half of this year and said it has obtained GRS and ISCC PLUS certifications for recycled polyethylene.

More mid-sized and small companies are entering advanced industries using South Korea’s corporate restructuring scheme. The Industry Ministry panel approved 31 firms in three rounds from December to July, with plans to invest 439.5 billion won over five years and hire 927 people. Many shift existing process technologies into new markets such as semiconductor glass substrates, AR modules and EV components. The ministry is offering investment-attraction consulting, while petrochemicals pursue capacity cuts through separate restructuring projects.