Following its migration to Arbitrum, MiL.k teams up with Galxe to launch global quests, drive user growth, and bring real-world loyalty rewards to the Web3 ecosystem.
SEOUL, South Korea, April 23, 2025 /PRNewswire/ -- Milk Partners, the company behind the blockchain-based loyalty integration platform 'MiL.k,' announced a strategic partnership with leading web3 growth platform, Galxe, to connect its 1.5 million Korean users with Galxe's 33 million-strong global community and unlock new Web3 engagement opportunities. The partnership marks MiL.k's first global collaboration following its recent migration to the Arbitrum blockchain.
Galxe, is an end-to-end growth platform powered by analytics, automation, and engagement solutions. With over 7,000 partners, it is one of the most actively operated social platforms within the Arbitrum ecosystem, enabling user base retention and ecosystem scalability.
MiL.k's 1.5 million users and its loyalty ecosystem – built through strategic partnerships with major corporations – will seamlessly be integrated into Galxe's platform. Together, the two companies aim to create synergies through mid-to-long-term marketing collaborations, bridging Korea with global markets,driving community growth, and expanding their ecosystems.
As part of their first collaboration, MiL.k's exclusive quest will gradually launch on Galxe's platform starting April 16. The quest will be available to domestic and international users, with co-hosted quests planned with various global projects in the Arbitrum ecosystem. The collaboration will offer a range of substantial rewards and benefits for participants – providing users with an enriched web3 experience.
Additionally, both parties will expand their technical cooperation to connect onchain environments between their services and make it easier for global users to access a variety of content from both MiL.k and Galxe. The collaboration will accelerate the expansion of the Web3 ecosystem through multi-layered efforts including technology integration, marketing, and global user onboarding.
Through its partnership with Galxe, MiL.k aims to collaborate with various global web3 projects within the Arbitrum ecosystem including projects in sectors such as DeFi, gamification, social, and more.
Jung Min Cho, CEO of Milk Partners, stated, "The collaboration with Galxe is significant as it marks MiL.k's first global project within the Arbitrum ecosystem. We will rapidly enhance our position as a global project by offering new Web3 experiences and practical benefits to users worldwide through various quests we will create together."
Charles Wayn, Co-Founder of Galxe, echoed similar sentiments,"We're excited to welcome MiL.k to the Galxe ecosystem in expanding global Web3 engagement. By connecting MiL.k's robust loyalty network with Galxe's powerful growth infrastructure, we're not only bridging Korean users to a global community—we're unlocking a new wave of utility, collaboration, and opportunity across the Arbitrum ecosystem."
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
MiL.k partners with Galxe to Expand Network and Connect Korean Users to Global Web3 Ecosystem
HANOI, Vietnam, Dec. 15, 2025 /PRNewswire/ -- As Vietnam's rubber and plastic products sector surges with 24.9% annual growth in 2024 and tire production exceeding 30 million units annually—90% destined for export markets—P.S.P. Specialties Public Company Limited, Thailand's leading specialty oils manufacturer with over 30 years of expertise, is expanding into Vietnam's dynamic manufacturing landscape with specialized process oil solutions. The market entry capitalizes on Vietnam's emergence as the world's second-largest footwear exporter with USD 22.9 billion in exports and the tire industry projected to reach 52 million units by 2033, and the country's USD 188 million industrial rubber market growing at 4.02% CAGR through 2028—creating unprecedented demand for high-performance process oils.
Capitalizing on Vietnam's Rubber Manufacturing Leadership
Mr. Sakesan Krongphanich, Deputy Chief Executive Officer of P.S.P. Specialties Public Company Limited, emphasized Vietnam's strategic importance. "Vietnam has emerged as a dominant force in Southeast Asia's rubber manufacturing sector. The convergence of world-class tire production, leading footwear manufacturing, and expanding industrial applications creates exceptional opportunities for specialized process oil solutions," said Mr. Sakesan.
Three Strategic Market Segments
Tire Manufacturing: Vietnam's tire manufacturers produce over 30 million units annually, with exports forecast to reach 52 million units by 2033. Major facilities require consistent supplies of aromatic, naphthenic, and TDAE process oils.
Industrial Rubber: Vietnam's market serves automotive components, construction materials, and electronics manufacturing with growing demand for specialized process oils.
Footwear Industry: With 2,200 footwear companies producing USD 22.9 billion exports in 2024, Vietnam serves global brands. Process oils provide flexibility, durability, and surface finish quality demanded internationally.
Comprehensive Product Portfolio
PSP Specialties offers solutions tailored to Vietnamese manufacturing: Aromatic Process Oils deliver compatibility with natural rubber for tire manufacturing. Naphthenic Process Oils provide Low-PAHs content meeting EU directives. TDAE represents non-carcinogenic alternatives aligning with Vietnam's Extended Producer Responsibility regulations implemented April 2024.
Competitive Advantages
PSP Specialties brings 44 million liters of annual rubber process oil capacity with 45% market share in Thailand, leading global and local tire manufacturers. Strategic facilities in Thailand and Myanmar enable efficient logistics. The company plans to introduce bio-based process oils by mid-2026.
Supporting Sustainable Manufacturing
"Vietnamese manufacturers increasingly face sustainability and environmental requirements from European buyers," Mr. Sakesan emphasized. "Our Low-PAHs, non-carcinogenic process oils meet European Union standards while maintaining superior performance."
"PSP Specialties is committed to becoming a trusted partner for Vietnam's rubber manufacturing industry," Mr. Sakesan concluded. "We provide technical consultation that enables manufacturers to optimize production efficiency and meet international standards."
About P.S.P. Specialties Public Company Limited
P.S.P. Specialties Public Company Limited (PSP), listed on the Stock Exchange of Thailand, is a leading specialty oils manufacturer with over 30 years of experience and more than 300 specialized formulations serving industrial applications worldwide. For more information: https://specialtyoils.psp.co.th
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
Thai Specialty Oils Leader Targets Vietnam's Booming Tire and Rubber Manufacturing Sector with High-Performance Process Oil Solutions
