Black Yak Signs Business Agreement with Eulji University to Establish Resource Circulation System

Promise of ESG Industry-Academic Cooperation

BYN Black Yak Group announced on the 4th that it has signed a business agreement with Eulji University, focusing on industry-academic cooperation to establish a sustainable resource circulation system.

Director Park Hang-sik of the Ulsan University Innovation Support Project Group (left) and Kim Jeong-hoe, Executive Director of BYN Black Yak Group, held a business agreement ceremony on the 22nd of last month and took a commemorative photo.
[Photo by BYN Black Yak]

Through this agreement, BYN Black Yak Group and Eulji University will share resources such as knowledge, information, and technology, expand mutual exchanges with related departments through regular major volunteer activities and seminars, and jointly work to build a sustainable high-quality resource circulation system.

In particular, the company and the university plan to develop an ESG (Environmental, Social, and Governance) industry-academic cooperation model by conducting resource circulation economy activities together, including education using BYN Black Yak Group’s domestic transparent PET bottle resource circulation system and producing goods.

As the first activity, BYN Black Yak Group will hold an exhibition on the 5th at the Eulji University campus showcasing the entire process of producing eco-friendly products recycled from PET bottles to enhance understanding of resource circulation.

Kim Jeonghoe, Executive Director of BYN Black Yak Group, said, “As the first partner in industry-academic cooperation based on building a resource circulation system, we will expand exchanges in various fields with Eulji University and strive to ensure that related fields remain sustainable as future high value-added industries.”

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