SK Geocentric and Canadian packaging firm Winpak signed a memorandum of understanding to supply polyethylene and polypropylene made from pyrolysis oil at SK's Ulsan ARC recycling cluster, with a binding contract to follow. The MOU was reported on 23 August 2024.

Sonoco ThermoSafe and Korean Air announced a global partnership for leasing the Pegasus ULD temperature-controlled bulk container to pharmaceutical freight forwarders. Sonoco ThermoSafe will add ICN airport to its service network.

Watlow and Global Standard Technology Co., Ltd. formed a South Korean joint venture named Watlow Pacific Inc. to strengthen Watlow's semiconductor presence in the region.