Rexpharm (CEO Park Young-sun) and URBAN LABS (CEO Kim Sun-hyun) have recently signed a Memorandum of Understanding (MOU) to establish a collaborative framework for the joint development of coffee grounds processing materials.
Through this MOU, the two companies plan to pursue the following initiatives:
- Joint research on coffee grounds processing materials
- Development and production of coffee grounds protein extraction methods
- Establishment of a collaborative response system for food upcycling product development
- Mutual cooperation for carbon reduction and carbon neutrality through food upcycling
Rexpharm, known for its expertise in extracting beta-glucan and useful components from mushrooms through reishi mushroom cultivation, possesses three 4-ton extraction concentrators and a 15-ton fermentation tank at its food cluster facility in Iksan. They have partnered with URBAN LABS, which has been researching the extraction of useful components from coffee grounds that were previously discarded after coffee extraction. The collaboration aims to develop alternative ingredients from coffee grounds applicable across the food sector.
URBAN LABS focuses on ESG-based development of alternative proteins from coffee grounds, contributing to carbon neutrality through food tech. They were selected for the TIPS (Tech Incubator Program for Startups) by the Ministry of SMEs and Startups in 2023.
Under this agreement, Rexpharm will leverage its specialized fermentation and extraction production facilities, while URBAN LABS will contribute its technical expertise. Together, they will research, develop, and produce food upcycling processing materials, including coffee grounds.
Chairman Park Young-sun of Rexpharm commented, “In the future, companies must always consider environmental and social impacts in their research and technology development. We are excited about collaborating with URBAN LABS, which has valuable expertise in recycling coffee grounds and developing eco-friendly solutions.”
CEO Kim Sun-hyun of URBAN LABS said, “We expect that our collaboration with Rexpharm will enable us to extract proteins and other useful substances from coffee grounds, and optimize the technology and processes for mass production.”
The two companies anticipate that their collaboration will significantly advance ESG-based food upcycling alternative ingredient development and generate substantial synergy. By extracting valuable components from food by-products like coffee grounds, they aim to enhance the added value of food products and contribute to resource recycling and sustainability.
link: https://www.kpanews.co.kr/article/show.asp?page=1&idx=248517
Rexpharm (CEO Park Young-sun) and URBAN LABS (CEO Kim Sun-hyun) have recently signed a Memorandum of Understanding (MOU) to establish a collaborative framework for the joint development of coffee grounds processing materials.
Through this MOU, the two companies plan to pursue the following initiatives:
Rexpharm, known for its expertise in extracting beta-glucan and useful components from mushrooms through reishi mushroom cultivation, possesses three 4-ton extraction concentrators and a 15-ton fermentation tank at its food cluster facility in Iksan. They have partnered with URBAN LABS, which has been researching the extraction of useful components from coffee grounds that were previously discarded after coffee extraction. The collaboration aims to develop alternative ingredients from coffee grounds applicable across the food sector.
URBAN LABS focuses on ESG-based development of alternative proteins from coffee grounds, contributing to carbon neutrality through food tech. They were selected for the TIPS (Tech Incubator Program for Startups) by the Ministry of SMEs and Startups in 2023.
Under this agreement, Rexpharm will leverage its specialized fermentation and extraction production facilities, while URBAN LABS will contribute its technical expertise. Together, they will research, develop, and produce food upcycling processing materials, including coffee grounds.
Chairman Park Young-sun of Rexpharm commented, “In the future, companies must always consider environmental and social impacts in their research and technology development. We are excited about collaborating with URBAN LABS, which has valuable expertise in recycling coffee grounds and developing eco-friendly solutions.”
CEO Kim Sun-hyun of URBAN LABS said, “We expect that our collaboration with Rexpharm will enable us to extract proteins and other useful substances from coffee grounds, and optimize the technology and processes for mass production.”
The two companies anticipate that their collaboration will significantly advance ESG-based food upcycling alternative ingredient development and generate substantial synergy. By extracting valuable components from food by-products like coffee grounds, they aim to enhance the added value of food products and contribute to resource recycling and sustainability.
link: https://www.kpanews.co.kr/article/show.asp?page=1&idx=248517