On the 15th, at the MZ Seed headquarters, Han Cheol-gyu, CEO of Hansol Paper (left), and Kim Yong-chul, CEO of MZ Seed, are taking a commemorative photo during the business agreement ceremony.

On the 15th, at the MZ Seed headquarters, Han Cheol-gyu, CEO of Hansol Paper (left), and Kim Yong-chul, CEO of MZ Seed, are taking a commemorative photo during the business agreement ceremony.

View original image


[Asia Economy Reporter Seungjin Lee] Paul Bassett announced on the 16th that it will introduce eco-friendly paper cups in all stores for the first time among coffee specialty stores by partnering with Hansol Paper.


On the 15th, Paul Bassett signed an 'Agreement for the Development of Eco-friendly Packaging for ESG (Environment, Social, Governance) Management' with Hansol Paper. At the signing ceremony, key officials from both companies, including M's Seed CEO Yongchul Kim and Hansol Paper CEO Cheolgyu Han, attended to discuss the development of eco-friendly packaging and the promotion of new businesses.


Through this agreement, Paul Bassett plans to replace take-out paper cups and disposable tableware with 'Terabas,' an eco-friendly paper container developed by Hansol Paper, by January next year, and will also change wet tissues to paper materials. The paper cups that Paul Bassett is changing this time are products certified as eco-friendly by the Ministry of Environment, with logos printed using soybean oil ink on eco-friendly paper containers. 'Terabas' does not use polyethylene coating, a type of plastic, which results in a high recycling rate.


Yongchul Kim, CEO of Paul Bassett, said, "It is meaningful to partner with Hansol Paper to change disposable items frequently used in stores to eco-friendly materials," and added, "By 2025, we will also convert major packages such as paper lids, drip bags, and coffee bean packages to recyclable eco-friendly materials and strive to expand ESG management activities."



Meanwhile, Paul Bassett has been continuously working to reduce plastic used in stores, such as fully introducing paper straws in October and introducing lids that allow drinking without straws. In addition, development of store trays utilizing coffee grounds left after coffee extraction is also underway.


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

© The Asia Business Daily(www.asiae.co.kr). All rights reserved.

Today’s Briefing