Eco (GFRP) market for eco-friendly rebar replacement has high growth potential. 

The goal of realizing a carbon-neutral (Net-Zero) circular economy is to create a mutual ecosystem for green cities. 

On May 31, KCMT signed a large-scale annual purchase contract at SK Eco Plant's headquarters in Jongno-gu, Seoul. 

KEco is a premium GFRP reinforcement (bar-shaped polymer composite reinforced with glass fiber) that enhances eco-friendliness, safety, and quality with KCMT's own technology, and is an eco-friendly composite material that can solve the problems of existing rebars. 

KEco, an eco-friendly rebar replacement, is a low-carbon product that reduces carbon emissions by 73%, has a life span of 100 years, and is light to carry at a quarter of the weight of rebar, reducing major disasters.

KEco (Keco) Smart Factory is a state-of-the-art ICT optimization system that fundamentally prevents errors in production of high-quality products, and has excellent price competitiveness against soaring rebar prices.

KCMT believes that the explosive growth of the GFRP market will continue and plans to secure price economy and safety by securing the world's largest production scale of a single factory.

An official from KCMT said, "We expect KEco's industrial spread to accelerate, starting with the signing of an annual purchase contract with SK Ecoplant, a leading eco-friendly solution company."We believe that selecting and expanding eco-friendly solutions is our mission and responsibility for a better future Earth, and we will work together to create an ecosystem for eco-friendly green cities with the aim of realizing a carbon-neutral (Net Zero) circular economy with SK Ecoplant in the future." 

Reporter Namgung Sun-hee, namkung.sunhee@mkinternet.com