Kolmar Holdings Korea will work with Yeonwoo, an affiliated company, to commercialize eco-friendly cosmetic containers that are made out of recycled discarded plastic. The organization plans to strengthen ESG management by actively responding to global plastic waste issues, while leading the trend in the eco-friendly container market along with Yeonwoo, which they recently acquired.
Kolmar Holdings Korea and Yeonwoo signed a three-way memorandum of understanding (MOU) with Hanwha Solution on August 24 at the General Technology Institute in Seocho-gu, Seoul for the "commercialization of cosmetics packaging materials that utilize eco-friendly materials."
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