Jeju Development Corporation Wins Excellence Award in Group Category at Ministry of Environment's 2020 Resource Circulation Practice Best Case Competition

[Asia Economy Honam Reporting Headquarters (Jeju) Reporter Park Chang-won] Jeju Development Corporation, which produces and sells Jeju Samdasoo, has been recognized for its efforts in practicing resource circulation.

Jeju Development Corporation announced on the 11th that it received the Excellence Award in the group category and the President’s Award from the Korea Environment Corporation at the recently held ‘2020 Resource Circulation Best Practice Competition’ in recognition of its contributions to resource circulation practices.

The competition was hosted and organized by the Ministry of Environment to encourage resource circulation practices in daily life.

The judging was based 50% on the evaluation by judges and 50% on online public voting, selecting the grand prize, excellence award, and popularity award by category (individual, company, group).

Jeju Development Corporation was awarded for its efforts to establish a virtuous cycle of resources through a project that encourages separate collection of transparent PET bottles amid the growing seriousness of social problems caused by PET bottles, and directly collects discarded PET bottles to reuse them as upcycled products.

To this end, since September 2018, it has operated 16 PET bottle automatic collection reward machines that provide a certain amount of compensation when PET bottles and cans are inserted.

Starting this year, Jeju Development Corporation has been more actively collecting transparent PET bottles discharged in Jeju.

In addition, in March this year, in collaboration with the Ministry of Environment, Jeju Province, Hyosung TNC, and Pleats Mama, it launched a project to discover a Jeju-type resource circulation model, setting up separate transparent PET bottle collection bins at 71 locations including the Utilization Help Center, collecting 79 tons of transparent PET bottles by September.

It is also conducting a marine waste upcycling project, the first of its kind nationwide, targeting fishermen to collect discarded PET bottles from the sea and collecting and upcycling PET bottles discharged from Chuja Island, a small island in northern Jeju.

Through resource circulation activities, Jeju Development Corporation collected 90 tons of PET bottles by the third quarter, and plans to expand the resource circulation project next year based on this.

Kim Jeong-hak, President of Jeju Development Corporation, said, “As a company that creates value from the natural resource of water, we will strive to reduce environmental impact and establish an eco-friendly lifestyle culture.”

This content was produced with the assistance of AI translation services.