Skip to main content

Park Dongkyu

  • Round: Finalist
  • Country: South Korea
  • Company: New Alternative
  • Region: North Asia

The New Alternative is the company that produce Bio-Solid Refused Fuel (Bio-SRF) for use by customers of industrial power plants through the recycling of waste powder paints and other waste materials. It is supplied for use as power for cogeneration and thermal power plants that require a large amount of fuel through eco-friendly pellets that do not emit heavy metals and have more than 30% higher efficiency than conventional solid fuels. It is operating a project to achieve sales of $12,000 by 26 years by recycling 46,000 tons of waste powder paint annually, which is difficult to process and high processing costs, in an eco-friendly manner.