This week marked another significant contribution by JMC to environmental conservation through our ongoing participation in the One Company One River Saving Movement. Demonstrating our commitment to sustainability and community engagement, JMC staff members volunteered for this activity. In total, 50 employees from seven companies, volunteered, embodying a collaborative spirit towards environmental stewardship.
The focus of this initiative was the river adjacent to our Ulsan plant, a vital waterway that has been the subject of increasing environmental concern. Our dedicated team, along with other corporate volunteers, worked tirelessly to remove trash and debris from the river. Their efforts were not only a testament to their dedication but also to the collective power of community involvement in environmental preservation.
By the end of the year, the group had successfully collected almost 2 tonnes of trash, a significant achievement that highlights the impact of collective action in tackling environmental issues. This initiative is part of JMC’s broader commitment to improving the quality of our local environment. We believe that as a responsible corporate citizen, it is our duty to contribute to the well-being of the communities we operate in.
JMC’s involvement in the One Company One River Saving Movement is just one of the many ways we are actively working towards a more sustainable future. We are proud of our team’s enthusiasm and commitment to making a difference, and we remain dedicated to continuing our efforts in environmental conservation and community engagement.
On December 15, 2023, JMC held a retirement ceremony to honor employees who had dedicated many years to the company’s growth. This year, a total of six employees retired, with an average tenure of 34 years.
In recognition of their lifelong contributions to JMC, CEO Jung Won-sik expressed gratitude by awarding commemorative plaques and solid gold medals to the retirees. Following the conclusion of the event, CEO Jung Won-sik joined the retirees for a commemorative photo, offering words of encouragement for their retirement.
JMC recently contributed to the annual cleanup of the Dongcheon river in Onyang-eup, Ulsan. This project is part of the “1 River 1 Cleaner” Campaign. JMC has been an important partner in the preservation and activation of the ecosystem of the Ulsan region’s rivers for more than 10 years. Staff from JMC have been carrying out voluntary environmental cleanup activities, collecting about 2,000 kg of waste last year alone.
As part of our normal operations, JMC uses sustainable processes that do not harm the environment and strictly monitors and controls the disposal of all waste in compliance with government regulations. JMC will continue to fulfill its social responsibility and practice sustainable management.
JMC signed a Memorandum of Understanding (MoU) with Ulsan City to invest in a new production facility for Alkyldiphenyloxide Disulfonate (ADPOS). ADPOS is a key raw material for NB-Latex, an eco-friendly latex product that is used in applications such as medical gloves.
According to the agreement, JMC will establish an ADPOS production facility with an annual production capacity of 4,500 tons in the Onsan Industrial Complex, Ulju-gun, and supply it to NB-Latex producers.
Ulsan City will provide administrative and financial support to facilitate this project. ADPOS is an anionic emulsifier used to promote surface activity during NB-Latex polymerization. Demand for eco-friendly NB-Latex, as a replacement for natural latex, is growing as it does not contain volatile organic compounds. The response to COVID-19 has significantly increased demand for latex for medical gloves.
JMC plans to start construction of the ADPOS production facility in 2022. When complete, the facility will have a total floor area of 1,243 square meters located on 92,672 square meters of undeveloped land at JMC’s existing site. Construction will be completed by June 2023. Through this investment in production facilities, JMC will expand its business from the existing fields of saccharin and BCMB to ADPOS.
CEO Jung Won-sik said, “After moving the company to Ulsan, we were able to expand into new business fields thanks to the city’s support and public interest. We will firmly establish ourselves as a growing company.”
Ulsan Mayor Song Cheol-ho said, “with the strengthening of hygiene concepts around the world due to the outbreak of COVID-19, the demand for sanitary gloves is increasing and the demand for NB-Latex is also increasing. The market prospect is bright as strong demand is expected”.