Company

Key Milestones

Key events by year and month

Apr 2012

SChemTech founded

Aug 2012

Registered as a certified Venture Company (Korea)

Nov 2012

Seongmuk Park appointed CEO

Oct 2014

Granted the Comprehensive Waste Recycling Business License

Dec 2016

Ether and ester polyol production lines commissioned

Jul 2017

System polyol facility commissioned

Nov 2019

Ester capacity expansion completed

Aug 2022

Chemical recycling line entered commercial operation

Dec 2025

Ulsan R&D Center opened

Key Transition Points

2014 Regulatory foundation. The Comprehensive Waste Recycling License gave SChemTech the legal basis to handle and reprocess industrial waste streams in Korea.
2016–2019 Scale. Three successive build-outs (ether, ester, system polyol) took us from pilot to a commercial-scale platform.
2022 Technology depth. Commercial chemical recycling and a dedicated R&D function moved us from waste reuse to engineered circular materials.