Hanchang Biotech Signs Exclusive Distribution Agreement for 'Meoms'... "Targeting Food Waste Processor Market"

[Asia Economy Reporter Hyunseok Yoo] As the number of homebodies and people staying at home increases due to the prolonged COVID-19 pandemic, the food waste disposer market is growing, and Hanchang Biotech is strengthening its ESG management by fully launching its bio food waste disposal business.

Hanchang Biotech announced on the 9th that it has signed a general agency contract for the bio food waste disposer "Mums" with Moms, a lifestyle and kitchen specialty company.

The food waste disposer "Mums" uses an environmentally friendly liquid microorganism in a microbial decomposition method. Through a fermentation process, it decomposes a significant amount of food waste within 24 hours, and unlike grinding or drying methods that reduce volume, it leaves no residue, making it eco-friendly. Additionally, it is economical with lower electricity costs compared to grinding and drying disposers. It is also cost-effective as there is no additional burden such as purchasing volume-based waste bags, and its double-opening function prevents food exposure, ensuring hygiene.

Through this general agency contract, Hanchang Biotech will be responsible for the general distribution of "Mums," produced with eco-friendly technology, through various media such as home shopping and online, continuously creating new demand. A company official explained, "Recently, as the number of households eating at home has rapidly increased, the demand for food waste disposers is surging. Mums' food waste disposer is gaining attention for being environmentally friendly and economical compared to existing grinding and drying types."

He added, "Through this general agency contract, Hanchang Biotech plans to focus its capabilities on active marketing and developing various sales channels, aiming for sales of 1.5 billion KRW this year and 30 billion KRW in 2022."

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