SEOUL, May 3 (Korea Bizwire) — SK Geocentric Co., a chemical unit under South Korea’s SK Group, said Wednesday it has signed a joint venture agreement with a Canadian partner to build a plastic waste recycling factory in Korea. SK Geocentric and Loop Industries, a Quebec-based company, will establish a 51:49 joint venture in charge [...]
SEOUL, April 28 (Korea Bizwire) — South Korean cosmetics contract manufacturer Kolmar Korea Co. said Thursday it has developed a paper stick container to replace conventional plastic containers used for cosmetic products. The paper stick container is made from mineral paper derived from leftover stones dumped in quarries and mines. As an eco-friendly material, it [...]
SEOUL, April 26 (Korea Bizwire) — A social enterprise backed by SK Innovation Co., the energy and chemical affiliate of the South Korean conglomerate SK Group, has unveiled a lightweight safety helmet made by recycling waste helmets. Usisan said on Tuesday it had developed a lightweight safety helmet by recycling waste safety helmets and plastic [...]
SEOUL, March 29 (Korea Bizwire) — POSCO International Corp. said Wednesday it has signed a memorandum of understanding (MOU) with two bioplastic companies to enter the biodegradable plastic recycling sector as part of its bid to expand its green portfolio. POSCO International signed the deal with TotalEnergies Corbion, a Netherlands-based bioplastic company, and Esol, a [...]
SEOUL, March 24 (Korea Bizwire) — BGF Retail Co., the operator of CU convenience stores, said Thursday it has signed a memorandum of understanding (MOU) with domestic start-up KEIL to convert near-expired food items into feed for mealworms. Under terms of the MOU, BGF Retail will provide the near-expired food items waiting for disposal at [...]
SEOUL, March 3 (Korea Bizwire) — South Korean builder SK Ecoplant Co. said Thursday it has secured an additional electronic waste and waste battery recycling base in the North American market through its overseas subsidiary. TES Envirocorp, a Singapore-based electronic waste management solution provider acquired by SK ecoplant last year, completed and started operating an [...]
SEOUL, Feb. 20 (Korea Bizwire) — SK Geocentric Co., a chemical materials unit of South Korean conglomerate SK Group, has announced plans to set up a plastic recycling plant in the Saint-Avold region in northeastern France. The company completed the selection of a site in collaboration with French water management company Suez S.A. and Quebec-based [...]
SEOUL, Feb. 15 (Korea Bizwire) — Samsung Electronics Co.’s Brazil office on Monday (local time) unveiled an online store-dedicated discount policy to promote the recycling of old home appliances. The new program, dubbed EcoTroca, provides a discount coupon to consumers who return old home electronics as a way to encourage their disposal in a proper and sustainable [...]
SEOUL, Feb. 13 (Korea Bizwire) — Samsung Electronics Co. said Monday it aims to broaden the use of eco-conscious materials to all its smartphone products in the coming years. The world’s largest smartphone maker said it plans to use recycled plastic materials in all its new flagship Galaxy smartphones and stop using plastics in packaging [...]
SEOUL, Jan. 18 (Korea Bizwire) — The Ministry of Food and Drug Safety said Tuesday that it had approved the use of physically recycled material made of transparent waste PET bottles in the production of food containers. Thus far, plastic recycling in South Korea has been limited to the method of separating raw materials through [...]