Korea Environment Corparation
Management Disclosure
Beverage Container Deposit System
“Beverage Container Deposit System” is
- This system promotes collection and reuse of the spent containers by establishing refundable deposits on recyclable containers, which customers can redeem when they return them.
- It also regulates that operational fees be granted to distributors or retailers for their job to circulate the used containers.
- Producers who failed to refund 80% of the deposits to their customer, recycling dues will be levied on the unfulfilled amount with the surcharges up to 30%
Procedures
Deposit included in consmer price refund deposit for empty containers to peron sho returns a container (Retail To Retail)
Refund money and handling fees
Volume | Container Refund | Handling Fee |
---|---|---|
Under 190㎖ | 70KRW/bottle | 11 ~ 19KRW/bottle |
190 ~ 400㎖ | 100KRW/bottle | |
400㎖ ~ 1,000㎖ | 130KRW/bottle | 12 ~ 21KRW/bottle |
Over 1,000㎖ | 350KRW/bottle |
- Handing fee : The Cost what manufacturer of the original product pays to wholesaler to store and transport beverage containers
- 100KRW = 1.15USD