[Special Stock] Kolon ENP Surges 18% on Lee Jaemyung's 'Plastic-Free' Pledge

Kolon ENP is showing strong performance on April 22. This comes after Lee Jaemyung, a presidential primary candidate for the Democratic Party of Korea, announced a policy pledge for a 'plastic-free' initiative.

As of 9:38 a.m. on this day, Kolon ENP was trading at 6,820 won, up 1,080 won (18.82%) from the previous trading day.

Shares related to bioplastics, including Kolon ENP, surged across the board. Huvis rose by 7.72%, Serim B&G by 29.98%, and Hankook Package by 24.69%.

On this day, to mark the 55th Earth Day, candidate Lee announced climate and environmental policy pledges via social networking services (SNS), which included reducing greenhouse gas emissions, making Korea a leading country in plastic-free initiatives, and achieving skies free from fine dust.

Lee stated, "First, we will establish a national-level roadmap for going plastic-free," adding, "Just like 'Almaeng Store,' which sells only the essentials to reduce waste, we will support infrastructure for circular economy hubs that citizens voluntarily create."

He further added, "In the mid- to long-term, we will strategically foster the bioplastics industry and promote a resource-circulating economy in daily life by guaranteeing the 'right to repair' for consumers."