On the 4th, during early trading, the stock price of SAMRYOONG, identified as a company related to the plastic phase-out, is strong. This comes after President Lee Jae-myung's statement that he would promote a roadmap for liquidating plastic within the year.
As of 9:25 a.m. on the 4th, SAMRYOONG is trading at 8,320 won, up 980 won (13.35%) from the previous trading day on the KOSDAQ market. After closing at the upper limit the previous day, the stock price remains strong for the second consecutive day.
Earlier, President Lee noted on the 3rd that he would prepare and promote a roadmap for the plastic phase-out within this year. In particular, he mentioned via social media that starting next year, the use of recycled materials in bottled drinking water and beverages will be mandatory.
Founded in 1980, SAMRYOONG is a corporation that manufactures paper containers for liquid beverages such as milk and juice. The market share in the paper pack sector is reported to be about 29%.