Black Yak and POSCO Sign Business Agreement to Promote Transparent PET Bottle Recycling

[Asia Economy Reporter Lim Hye-seon] BYN Black Yak (hereinafter Black Yak) announced on the 3rd that it has signed a business agreement to promote recycling by producing eco-friendly products using transparent PET bottles with POSCO Pohang Steelworks (hereinafter Pohang Steelworks) and the POSCO Pohang Steelworks Partner Association (hereinafter Partner Association).

The signing ceremony held in the morning at Pohang Steelworks located in Pohang City, Gyeongsangbuk-do was attended by Kim Jeong-hoe, Executive Director of Black Yak, Han Hyeong-cheol, Deputy Head of POSCO Pohang Steelworks, and Kim Heon-deok, Chairman of the POSCO Pohang Steelworks Partner Association.

Through this agreement, Black Yak will collect PET bottles from Pohang Steelworks and partner company workplaces to produce ‘PLUSTIC’ products. PLUSTIC is Black Yak’s eco-friendly product developed by establishing a resource circulation system for PET bottles used domestically.

POSCO plans to receive various PLUSTIC products recycled from transparent PET bottles generated at its steelworks and partner companies and use them for its social contribution activities.

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