Korea Paper Expands Wind Power Sites by 19%... Exploring Cooperation in Renewable Energy

Korea Paper announced on April 22 that it is expanding the land designated for wind power projects and broadening its scope of cooperation in the renewable energy sector.

Since signing a wind power business agreement with Geumyang Green Power in March 2024 to utilize its owned land, Korea Paper has been pushing forward with related projects. During this process, the company decided to expand the area designated for wind power projects by approximately 19% compared to the previous level.

Wind power generation is becoming increasingly important amid the growing movement toward carbon neutrality and the expansion of renewable energy. Korea Paper plans to continue reviewing the potential for cooperation in the renewable energy sector based on its assets, using this land expansion as an opportunity, and to advance its ESG practices in connection with eco-friendly management.

Joonseok Kang, CEO of Korea Paper, said, "The expansion of land designated for wind power projects is meaningful in that it leverages our assets in connection with the eco-friendly energy sector. We will continue to seek opportunities for cooperation in renewable energy and practice sustainable management going forward."

Korea Paper provides comprehensive paper solutions based on a diverse business portfolio, including printing paper, specialty paper, and cardboard. Recently, the company has been strengthening its sustainability initiatives by expanding the application of eco-friendly packaging solutions such as 'Green Shield' and 'G-Flex.'

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