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Osong Bio processes and supplies food waste oil as a raw material for biofuels.
Osong Bio manufactures, distributes, and supplies processed food waste oil for use in bio-heavy oil and biodiesel. Founded in 2020, it is based in Pyeongtaek, South Korea, and is associated with Bioenergy Farm Asan. Its oil separation process prepares the material to meet physical specifications for biodiesel customers. In June 2023, VIG Partners agreed to acquire a stake, valuing the company at KRW 5.5 billion post-money.
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