SEOUL, April 6 (Korea Bizwire) — Hyundai Oilbank Co., a major South Korean refiner, has joined forces with construction company Samsung C&T Corp. to launch a plastic waste recycling business. The two parties announced on Tuesday that they had signed a memorandum of understanding to promote cooperation in the area of the production of eco-friendly chemical [...]
SEOUL, March 15 (Korea Bizwire) — Coffee shops will now be able to recycle coffee grounds through more lenient requirements and procedures. The Ministry of Environment announced that it will designate coffee grounds as a ‘circulation resource’ starting on Tuesday. With the increasing amount of coffee consumption in South Korea, the volume of coffee grounds [...]
SEOUL, Feb. 24 (Korea Bizwire) — The environment ministry said Thursday it will launch a new initiative with the aim of enabling the reuse of transparent polyethylene terephthalate (PET) bottles as food containers through physical processing rather than chemical processing. The ministry issued a notice on the revision of facility and quality standards that the sorting and recycling [...]
SEOUL, Feb. 16 (Korea Bizwire) — An increasing number of large companies in South Korea are collecting empty containers for their products from consumers as part of efforts to boost the recycling rate. CJ Cheiljedang Corp., the country’s leading food manufacturer, launched a service to collect the empty containers of its cooked rice product Hetbahn [...]
SEOUL, Feb. 4 (Korea Bizwire) — South Korean solar panel makers and importers will face extra charges if they fail to fulfill their recycling obligations, starting from January 2023. The Ministry of Environment announced on Thursday that it would make an advance legislation notice on the partial revision of subordinate laws in three resource circulation [...]
BUSAN, Jan. 26 (Korea Bizwire) — Air Busan Co., a budget carrier unit of Asiana Airlines Inc., is creating various items by recycling old suitcases used by flight attendants. The company said Tuesday that it had released a new keyring crafted from recycled suitcases and surf suits. The keyring is designed after the fin of [...]
SEOUL, Dec. 29 (Korea Bizwire) — A South Korean research team has succeeded in developing a new biochar that can replace activated charcoal by recycling seaweed like kelp. The Korea Institute of Science and Technology said Tuesday its research team had developed a biochar (a compound word of biomass and charcoal) material that can adhere [...]
SEOUL, Dec. 24 (Korea Bizwire) — With the introduction of a new policy that obliges citizens to throw away colorless, transparent plastic bottles only after removing all non-plastic materials from them, a recent study showed that citizens are most frustrated with the label removal process. The Korea Consumer Agency conducted a survey of 1,000 consumers [...]
SEOUL, Dec. 22 (Korea Bizwire) — Coffee grounds are being reused to get rid of the stench at livestock farms. The Ministry of Environment signed an agreement with the city of Incheon, North Gyeongsang Province, the Korea Productivity Center, the Korea Green Foundation and Hyundai Steel Co. on Wednesday for the recycling of coffee grounds. [...]
SEOUL, Dec. 20 (Korea Bizwire) — South Korean battery makers are jumping into recycling electric vehicle (EV) batteries as the prices of the metals used in the batteries are on the rise. LG Chem Ltd., South Korea’s largest chemical company, and its subsidiary LG Energy Solution Ltd. recently invested a combined 60 billion won (US$50 [...]