BH&Bio Signs 'Cheongyang Red Pepper Contract Farming Agreement' Ceremony

Stable Supply of Cheongyang Red Chili Peppers, Raw Material for Kyochon Chicken Red Sauce
Purchasing 500 Tons from 180 Farms Across 10 Regions Covering 150,000 Pyeong

Lee Geun-gap, CEO of BHN Bio (third from the left), is taking a commemorative photo after BHN Bio Co., Ltd. signed a contract cultivation agreement for Cheongyang red chili peppers at its headquarters in Jincheon.

[Asia Economy Reporter Lim Hye-seon] BH&Bio, a subsidiary of chicken franchise Kyochon F&B, announced on the 7th that it held a contract cultivation agreement ceremony for Cheongyang red chili peppers at its headquarters meeting room located in Jincheon-gun, Chungbuk. The ceremony was conducted with a total of nine local organizations, including the Eumseong Chili Pepper Agricultural Cooperative, representing the contracted farms.

This contract cultivation was carried out to maintain and enhance the high quality of Kyochon Red Sauce through the stable supply of Cheongyang red chili peppers. The Red Sauce is the sauce for Kyochon Chicken's spicy signature menu, the "Red Series," and is made using domestic Cheongyang red chili pepper juice and concentrate instead of artificial capsaicin.

Through the agreement, BH&Bio plans to implement contract cultivation on approximately 150,000 pyeong (about 495,867 square meters) across about 180 farms in 10 regions including Eumseong and Jincheon in Chungbuk, Wonju, Inje, and Hongcheon in Gangwon-do, and Icheon in Gyeonggi-do. The goal is to purchase 500 tons of Cheongyang red chili peppers from July to September. This is an expansion from last year's pilot contract cultivation of about 66 tons limited to the Eumseong area in Chungbuk, and this year's target volume accounts for about 40% of the total planned purchase volume. For reference, BH&Bio purchased 1,264 tons, approximately 140 million Cheongyang red chili peppers, last year.

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