ABC News (SUWON, South Korea) — South Korean conglomerate CJ Cheiljedang is jumping into the global market to begin mass production of PHA biodegradable plastic, or polyhydroxyalkanoates. PHA is considered a viable alternative to petroleum-based plastic because the new technology allows its plastic waste to decompose completely in the ocean and soil in a significantly shorter period of time. "Plastics made from crude oil are said to take over 500 years to completely decompose, while biodegradable plastics take decades at most," SungYeon Hwang, Head of Bio-based Chemistry Research Center at the Korea Research Institute of Chemical Technology, told ABC News. "Biodegradable plastic does not pollute the sea even if it accidentally flows into the shore." This next generation of plastic, PHA — made from microorganism fermentation — is currently manufactured by U.S. company Danimer, based in Bainbridge Georgia, and Japanese company, Kaneka.