| | July 202119products in the global market and will focus more on exporting our seaweed-based disposables and grocery bags on the idea of sustainability in this industry," says Cha.Marine Innovation's seaweed-based products are ground-breaking. Firstly, these are cost-effective. Pulp and paper products have risen in price because of the continuous increase in pulp prices, whereas Marine Innovation can save material cost by 30 percent as it is reusing the raw materialwith its innovative technology costing $200 per ton of seaweed as compared to $1,000 per ton for wood. Secondly, the manufacturing process can be shortened by one-third. While the traditional process takes 24 hours to produce, the company's technology takes only 8 hours, which further implies energy savings of up to 80 percent. Secondly, wood takes more than 90 to 120 days to decompose but seaweed only takes 60-90 days due to its composites that are characterized by aggressive biodegradation. In addition, Seaweed absorbs carbon dioxide five times more than wood and can be used as a food source and as a substitute for wood in a wide variety of uses after it has grown. The seaweed composites are characterized for biodegradation properties and suggest a more aggressive biodegradation process in the material. There are options with plant-based eco-friendly products, but raw materials are plant itself, but we need to even save food resources such as corns, sugarcanes, bamboo, and more. Not only this, in the anti-bacterial test, seaweed was provento kill bacteria and viruses like colon bacillus up to 99.9 percent.More and moresmall and private businesses, even green consumers, are paying attention to a product's environmental impact. Domestic and global retailers, food and beverage industries, fashion, franchises, e-commerce platforms are reaching out to Marine Innovation for seaweed-based products which improve the quality of life and ensure the safety of families and the planet. Cha cites that the company works closely with R&D and global marketing of SK Innovation, a world-class Korean energy company with sales of 50 trillion. The client is in discussion with the company to farm and localize seaweed mass produce and collaborate with global key players. In addition, more than 1.5 billion won of the Korean government grants is the competitive advantage to help support seaweed R&D and stay ahead of the game.Above all, the scientific basis of review on algae for the functioning of the marine ecosystem as well as its role in solving environmental and food chain issues creates more opportunities for Marine Innovation. "We are aligning our core business activities to create a positive impact not only consumers, government, global companies and environmental groups but also inspiring the world," adds Cha Young.
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