Made Flower Pots from Eco-Friendly Materials and Donated
Tree Planting Event at Seoul Noeul Park
"Sustaining Eco-Friendly Circular Economy Social Contribution"
Huh Se-hong, CEO of GS Caltex (center), poses for a commemorative photo holding bottle caps needed to make eco-friendly upcycled flower pots with employees. (Photo by GS Caltex)
[Asia Economy Reporter Moon Chaeseok] GS Caltex announced on the 18th that its executives and employees will participate in eco-friendly volunteer activities such as 'Energy Plus Eco Pot Making' and 'Energy Plus Eco Forest Cultivation.' This decision was made as part of social contribution activities in line with ESG (Environmental, Social, and Governance) management on the occasion of the company's 55th anniversary the following day. Energy Plus Eco is an eco-friendly integrated brand created by GS Caltex last month to realize a circular economy.
From this day until the 11th of next month, executives and employees will collect PET bottle caps at the Seoul headquarters and Yeosu plant and send them to partner companies that produce eco-friendly composite resin. The partners use these PET bottles to make recycled pots. It takes 50 to 100 caps to make one pot. After planting plants in these pots, the company plans to donate them to welfare facilities, the elderly, and young households.
From the 26th to the 28th of this month, a tree-planting event will be held for three days at the 'Energy Plus Eco Forest' that GS Caltex established last year in Noeul Park, Sangam-dong, Seoul. Trees will be planted corresponding to the number of people certified for eco-friendly practices. A GS Caltex official said, "To celebrate the anniversary, we developed volunteer activities that combine the characteristics of an energy company with an eco-friendly circular economy and that many employees can easily participate in. We hope that growing plants will help marginalized groups stabilize their emotions even a little."
GS Caltex stated that it is striving to establish a resource circulation system across the stages of plastic production, consumption, and recycling through physical and chemical recycling of waste plastics. Since 2010, it has been engaged in physical recycling business and is the only domestic refinery producing eco-friendly composite resin. Ten percent of the total composite resin production is made from waste plastics. In November last year, it also obtained GRS certification for eco-friendly composite resin products, the first among domestic refineries.
Since December last year, GS Caltex has been conducting a demonstration project that inputs pyrolysis oil derived from chemically recycled waste plastics into the petroleum refining process. Utilizing the results of this demonstration project, the company plans to seek investment to establish a new production facility for 50,000 tons per year of waste plastic pyrolysis oil, aiming for operation in 2024. The goal is to expand to 1 million tons. A GS Caltex official said, "We plan to continuously carry out various social contribution activities by developing and utilizing technologies that can combine an eco-friendly circular economy to become a respected company."
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