Gangbuk-gu Saves 260 Million KRW Budget Through Closed-Loop Recycling of Waste Wood
Agreement Signed with Waste Disposal and Recycling Company... Achieving 100% Free Disposal of Waste Wood and Fallen Leaves
Secured Up to 80 Million KRW in Sale Proceeds, Continuously Discovering Waste Recycling Business Opportunities
Gangbuk-gu, Seoul (Mayor Lee Soon-hee) announced that it has saved a total budget of about 260 million KRW this year through a virtuous cycle recycling project for waste wood and fallen leaves.
Until now, the district has been disposing of waste wood such as discarded furniture, amounting to about 4,000 tons annually, at a cost of approximately 180 million KRW. Through efforts to discover recycling companies, in November last year, it signed a business agreement with Hwacheon Energy Co., Ltd., a recycling company located in Pocheon-si, Gyeonggi-do, and this year the disposal is being done 100% free of charge. Furthermore, it is expected to secure a total of 80 million KRW in sales revenue as district funds.
Waste wood is used as an eco-friendly renewable energy source and solid fuel for thermal power plants. Wood chips produced from waste wood can be reused for manufacturing MDF plywood, boiler energy, wood pellet production, and more.
From the 12th to the 15th of last month, the district visited waste disposal contractors to inspect the status of waste disposal including waste synthetic resins, waste wood, and composite material packaging films, and held a meeting with company officials to discuss smooth disposal and recycling measures.
Going forward, the district plans to activate the virtuous cycle recycling project for waste by continuously discovering recycling companies for items such as waste mattresses and briquette ash, aiming to promote resource recycling and reduce waste disposal budgets.
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Lee Soon-hee, Mayor of Gangbuk-gu, said, "Waste recycling brings triple benefits of reducing greenhouse gases, promoting resource circulation, and responding to climate change," and added, "We will continue to actively discover various resource circulation policies to reduce the amount of household waste generated."
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