How the New Generation Sees the Futureby KORIPA / Mr. Kim Tae Kyun

On behalf of Recondtioner of Korea and the 2nd generation for our company called HYUP-DONG Ind. I’ve been managing 8th year and coming 13th years with company.

Its been very undertaken challenge for our industry in over the Year. From 2014 and up to current, the metal drums are shows slowing sales numbers compare to other receptacle. Starting this year, the IBC and PE drum were showing more demand. Typi-cally, Recon IBC price were dropped, due to new manufacture of new IBC factory located and potential local supply. • For the Metal drum, there has been new drum supplier in last year and they have been approaching the market with reducing the price with lowering the thickness of metal sheet. In which we are facing dropping the Recon metal drum price as well.

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- More Eco friendly product develop and research.- New and Recondition manufacture to COLLABORATE to produce Standard spec of packaging. (minimize the one way trip receptacle)- More visionary program for our Recon to be educated each other-ICCR : Who ever is interest with our vision, should be-come member or associate ( derived from economic im-pact and sustain our business and promote )

-Perhaps the earlier generation failed to spot something, perhaps they have made a mistake- yet, if it was a mis-taken,WE WILL CHANGE IT SO….

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by KORIPA / Mr. Kim Tae Kyun