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Public Procurement Service aims to boost supply chain for feedstock producer

Published: 23 Apr. 2026, 17:29

Public Procurement Service Administrator Baek Seung-bo, center, inspects the production process at City Oil Field on April 23. [PUBLIC PROCUREMENT SERVICE]

Public Procurement Service (PPS) Administrator Baek Seung-bo visited City Oil Field, a company specializing in producing petrochemical feedstock by decomposing plastic waste, on Thursday to explore ways to expand sales channels and secure a stable raw material supply through his agency.

The visit was aimed at strengthening domestic alternative supply chains through waste resource recycling and supporting stable market access for innovative enterprises, especially as geopolitical instability in the Middle East increases the price volatility of imported raw materials.

City Oil Field’s plant utilizes low-temperature pyrolysis to regenerate naphtha and refined oil from plastic waste. By reducing import dependency, the facility enhances production stability and eases the cost burden for businesses amidst global supply disruptions.

The PPS plans to actively support the recycler — designated an innovative facility in 2022 — to gain market competitiveness and priority for use by public institutions.

Meanwhile, representatives from Australia-based Simba Global, a major textile supplier, also visited the plant to explore the facility and learn about the competitiveness of the innovative products firsthand.

“Securing a domestic alternative supply chain for raw materials is crucial for public safety and sustainable business operations. We will actively support innovative resource technologies so that our companies can secure stable markets and continue to grow,” PPS Administrator Baek said.

BY LEE DAHYUN [[email protected]]

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