SEOUL, Nov. 16 (Korea Bizwire) – South Korea recovered enough energy from waste incineration this year to power the annual needs of roughly 110,000 people, according to new government data released Sunday. The National Institute of Environmental Research said it will publish a revised technical guide on Monday detailing updated methods for measuring the efficiency [...]
SEOUL, July 30 (Korea Bizwire) — LG Electronics announced Monday that its consumer recycling campaign “Battery Return” has collected more than 108 tons of used batteries over the past four years, underscoring its commitment to circular resource practices and rare metal recovery. Since its launch, the program has retrieved over 240,000 batteries, yielding more than 9.6 [...]
DAEJEON, May 12 (Korea Bizwire) — South Korean startup PMI BioTech, a spinoff from the Korea Research Institute of Chemical Technology (KRICT), has signed a five-year export contract worth approximately 12 billion won (roughly $9 million USD) with a major U.S.-based global distributor for its high-purity calcium product derived from oyster shells, the institute announced on [...]
SEOUL, May 6 (Korea Bizwire) — South Korea’s home appliances giant LG Electronics Inc. aims to collect 8 million tons of old appliances for recycling by 2030 as part of efforts to promote the circular economy, company officials said Tuesday. The company has retrieved a combined 5 million tons of discarded appliances from across the [...]
PUERTO AYORA, Ecuador, April 29 (Korea Bizwire) — In one of the world’s most ecologically sensitive regions, South Korean tech giant Samsung Electronics is drawing attention for its environmentally conscious e-waste recycling initiative in Ecuador’s Galápagos Islands. Samsung’s Latin America division announced Monday that it has been operating a mobile electronics waste collection program on [...]
SEOUL, April 27 (Korea Bizwire) — Coupang announced on April 27 that it has established a new recycling system to repurpose expired “Rocket Fresh Bags,” using their plastic components to manufacture cargo pallets. Introduced in March 2020, Rocket Fresh Bags are reusable insulated bags designed to deliver fresh food while minimizing environmental impact. Made from high-strength [...]
SEOUL, Jan. 3 (Korea Bizwire) — In a breakthrough for sustainable recycling, researchers led by Professor Kyung-Jin Kim of Kyungpook National University, in collaboration with CJ CheilJedang, have developed the world’s most efficient biocatalyst for breaking down polyethylene terephthalate (PET) plastics. The Ministry of Science and ICT announced the achievement on January 2, highlighting its potential [...]
HONGSEONG, Dec. 12 (Korea Bizwire) – In a significant environmental initiative, waste vinyl that is typically incinerated will soon be transformed into high-quality resources, including aviation fuel. The South Chungcheong Province government signed a memorandum of understanding on December 11 at the provincial office with HD Hyundai Oilbank, Hanwha TotalEnergies, and four cities – Cheonan, Asan, [...]
SEOUL, Dec. 11 (Korea Bizwire) – McDonald’s Korea announced on Tuesday its commitment to converting all packaging materials used in its restaurants to recyclable or renewable materials by next year. This move positions the company as a leader in sustainability within the country’s quick-service restaurant (QSR) industry. As part of this initiative, McDonald’s Korea will introduce [...]
SEOUL, Nov. 9 (Korea Bizwire) – South Korea plans to cut 1.6 million tons of greenhouse gas emissions each year from 2030 by utilizing cattle feces as a new source of energy, the government said Friday. Under the project, Korea Southern Power Co. will build related facilities and generate power, daily using 4,000 tons of [...]