BYN Black Yak Signs Multilateral Business Agreement with TK Chemical and Sansu Beverage

At the agreement ceremony held on the 16th at Black Yak Yangjae Office in Seocho-gu, Seoul, (from left) Seong Hyo-kyung, Head of Business Division at TK Chemical, Kim Ji-hoon, CEO of Sansu Beverage, and Kim Jeong-hoe, Head of Business Division at BYN Black Yak, are taking a commemorative photo. (Photo by BYN Black Yak)

[Asia Economy Reporter Lim Hye-seon] BYN Black Yak announced on the 18th that it has signed a multilateral business agreement with TK Chemical and Sansu Beverage to establish a high value-added resource circulation system for transparent PET bottles in Korea.

This business agreement was made to build a sustainable resource circulation society that recycles transparent PET bottles domestically and to protect the environment. Sansu Beverage secures its own transparent PET bottles, TK Chemical produces K-rPET (K-Recycled PET) recycled fibers from these bottles, and Black Yak plans to expand and apply its eco-friendly material "Plustic," which combines outdoor technology with these recycled fibers, to its products.

Sansu Beverage operates a collection program linked with customers to supply high-quality PET bottles suitable for recycling. Through this agreement, Black Yak and TK Chemical have committed to further activating the resource circulation system using Sansu Beverage's high-quality PET bottles.

Kim Jeong-hoe, Executive Director of Black Yak, said, "Black Yak and TK Chemical have joined hands to ensure that Sansu Beverage's eco-certified transparent PET bottles can be reborn as eco-friendly recycled products. We expect that through cooperation with each company playing an important role in the PET bottle resource circulation cycle, we can further strengthen the establishment of a sustainable resource ecosystem that considers both the environment and business."

Meanwhile, Black Yak has been actively engaging in domestic PET bottle recycling by building cooperative relationships with the Ministry of Environment, local governments, and companies, starting with a business agreement with TK Chemical in May last year to address the issue of existing recycled polyester fashion products relying on imported PET bottle raw materials.

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