KT&G to jointly develop eco-friendly cigarette filters with Kolon Industries
KT&G announced that it will cooperate with Kolon Industries to jointly develop cigarette filters using environmental-friendly lyocell fibers. The signing ceremony between the two parties was held on February 20 at KT&G's Seoul headquarters.
The two companies plan to establish a promotion committee to manage business progress and make major decisions that will accelerate the development of cigarette filters using environmental-friendly materials in the future.
Kim Jin-han, head of strategic planning at KT&G, said the company will continue to fulfill its environmental responsibilities and promote ESG management in accordance with global standards. Yoon Kwang-bok, managing director of Kolon Industries, said that they hope to strengthen exchanges and cooperation between the two sides by jointly developing an environmental-friendly material (lyocell) based on natural raw material pulp.
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