Kolmar BNH Produces 'Eco-Friendly Fertilizer' from Raw Material Byproducts

JoyBio and Business Agreement (MOU) Signing

On the 28th of last month, a business agreement signing ceremony for the development of eco-friendly fertilizer using herbal medicine byproducts was held at the headquarters of Kolmar BNH in Seocho-gu, Seoul. The photo shows, from left, Kim Byung-mook, co-CEO of Kolmar BNH, and Kwon Kwang-taek, chairman of the agricultural corporation. Photo by Kim.

[Asia Economy Reporter Moon Hyewon] Kolmar BNH announced on the 4th that it is taking the lead in recycling discarded raw material byproducts. This is part of expanding eco-friendly ESG (Environment, Social Responsibility, Governance) management that practices environmental protection and carbon neutrality.

On the 28th of last month, Kolmar BNH signed a memorandum of understanding (MOU) with agricultural corporation Joybio at Kolmar BNH headquarters in Seocho-gu, Seoul, to develop eco-friendly fertilizers using herbal medicine byproducts. The signing ceremony was attended by Kim Byungmook, co-CEO of Kolmar BNH, and Kwon Gwangtaek, chairman of Joybio, among others.

According to the agreement, Kolmar BNH will supply all herbal medicine raw material byproducts generated during the manufacturing process of the immune function-enhancing health supplement HemoHim to Joybio. Joybio, a company specializing in eco-friendly bio-product development, will focus on developing these byproducts into eco-friendly organic fertilizers.

HemoHim uses Angelica gigas, Cnidium officinale, and Paeonia lactiflora as its main herbal ingredients, generating about 1,000 tons of byproducts annually. By reprocessing these into eco-friendly organic fertilizers, environmental pollution such as soil contamination can be prevented. It is also expected to reduce carbon emissions generated during disposal and lower disposal costs.

Kolmar BNH plans to accelerate the development of eco-friendly fertilizers with Joybio and commercialize the product within the year. Additionally, they intend to actively cooperate in developing agricultural nutrients, pest prevention agents, and smart farm liquid fertilizers.

Co-CEO Kim said, “Kolmar BNH prepared this agreement to establish a resource circulation system for a sustainable future and to solve various environmental issues. We will continuously research ways to reduce environmental pollution and carbon emissions and fulfill our responsibilities and roles as a company leading ESG management in the industry.”

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