SEOUL, May 7 (Korea Bizwire) — A group of South Korean companies have joined forces to extract plastic and aluminum compound materials from beverage cartons and promote 100 percent recycling.
SK Global Chemical Co., a chemical affiliate of energy giant SK Innovation Co., signed a memorandum of understanding (MOU) on Thursday with Maeil Dairies Co., Tetra Pak Korea, and Jushin Trading to make united efforts to extract plastic and aluminum compound materials from beverage cartons and reuse 100 percent of such materials.
Maeil Dairies, a major dairy company, will develop and operate a beverage carton collection program, and will review the idea of introducing food and beverage cartons made of the compound materials.
Tetra Pak Korea, the nation’s No. 1 producer of beverage cartons, will be responsible for sorting and separation work for recycling of the cartons.
Jushin Trading will be in charge of recycling the paper extracted from waste beverage cartons, while supplying by-product compound materials to SK Global Chemical.
SK Global Chemical will develop the compound materials into recycled plastics that can be used for logistics pallets and food and beverage cartons.
The four companies expect the project to promote the recycling of 3,000 tons of compound materials per year, while contributing to the reduction of 19,000 tons of carbon dioxide emissions per year.
J. S. Shin (js_shin@koreabizwire.com)