Hyundai Steel Holds Coffee Grounds Recycling Conference
[Asia Economy Reporter Park So-yeon] Hyundai Steel announced on the 28th that it will hold the "2nd Coffee Grounds Recycling Conference" on the 29th at Oakwood Premier Incheon in collaboration with the Environmental Foundation and the Korea Productivity Center.
Coffee grounds refer to the byproduct left after making coffee, commonly called "coffee residue." To make one cup of Americano, 99.8% of the coffee beans become coffee grounds and are discarded. The amount of coffee grounds generated annually reaches as much as 150,000 tons, making the scale very large. According to the Waste Management Act, coffee grounds are classified as household waste and are mostly landfilled or incinerated.
The coffee grounds recycling project is a social contribution activity jointly started in September 2018 by Hyundai Steel, Korea's first steel company; the Environmental Foundation, Korea's first environmental public interest foundation; and the Korea Productivity Center, an institution specializing in sustainable development education and consulting.
The three organizations signed a Memorandum of Understanding (MOU) with Incheon City to establish a social system for recycling coffee grounds and to build a model contributing to resource circulation by creating a local government coffee grounds collection process. To stabilize the process, they are operating a second phase project in cooperation with Incheon City and the districts of Jung-gu and Michuhol-gu.
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Through cooperation with 181 coffee specialty stores in five districts of Incheon City (Jung-gu, Michuhol-gu, Gyeyang-gu, Bupyeong-gu, Yeonsu-gu), an average of 15 tons of coffee grounds are collected monthly. They also support the development and commercialization of products using coffee grounds in collaboration with four companies selected through the "Coffee Grounds Recycling Support Company Contest." Additionally, public awareness activities have been conducted to promote the reusability of coffee grounds through subway screen door advertisements, online portal site advertisements, and events.
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