BYN Black Yak Signs Business Agreement with SK Hynix for Transparent PET Bottle Resource Recycling

On the 9th, at the SK Hynix headquarters in Icheon, Gyeonggi Province, Jung Seung-pil, President of BYN Black Yak (right), and Kim Hyung-soo, Vice President of SK Hynix, signed a business agreement to expand the transparent PET bottle recycling activation project. (Photo by BYN Black Yak)

[Asia Economy Reporter Lee Seung-jin] BYN Black Yak announced on the 10th that it has signed a business agreement with SK Hynix to expand the domestic transparent PET bottle recycling activation project.

The signing ceremony, held the day before at SK Hynix headquarters located in Icheon, Gyeonggi Province, was attended by Black Yak President Jeong Seung-pil and SK Hynix Vice President Kim Hyung-soo. At this event, both companies promised to actively cooperate to establish a high value-added recycling system for domestic transparent PET bottles and to promote the production of eco-friendly products.

Under this agreement, Black Yak will collect transparent PET bottles generated at SK Hynix business sites to produce the eco-friendly material "Plustic" and apply it to fashion products. Plustic is Black Yak’s eco-friendly material developed by establishing a resource circulation system for PET bottles used domestically. It features both eco-friendliness and functionality by combining K-rPET (K-RPET) recycled fibers with outdoor technology.

Jeong Seung-pil, President of Black Yak, said, “We have taken a step forward in activating domestic transparent PET bottle recycling together with SK Hynix,” and added, “Going forward, Black Yak will continue to work harder to build a sustainable resource circulation society and protect the environment along with PET bottle recycling.”

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