Chandra Asri has signed a memorandum of understanding (MoU) with Ecovance Co. Ltd., a South Korean-based company specializing in biodegradable materials which partly owned by SKC group, to study the potential for strategic collaboration in the biodegradable plastic materials, polybutylene adipate terephthalate (PBAT) and polybutylene succinate (PBS). Through this MoU, both parties agree to focus on application development and customer evaluation, developing partnerships to create a biodegradable