Ulsan to Foster Emerging Companies... 2.3 Billion Won to Be Invested i…
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One of the Ministry of Trade, Industry, and Energy's grassroots business development projects, the "Support Project for Foamed Materials and Product Development Using Foaming Property Prediction Technology," will be actively pursued in Ulsan.
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According to the city of Ulsan on the 13th, approximately 2.3 billion won will be invested over the next three years, from April this year until March 2019, to foster the foamed material industry. Ulsan Techno Park will lead the project, with KPX Chemical, the largest domestic producer of polyol for foamed plastic, and PYURAN, which has localized catalysts for foamed materials, participating in the project. Ulsan Techno Park will provide support for businesses, including foaming property prediction technology mapping, analysis and certification support, Free Trade Agreement (FTA) consulting, and commercialization information and marketing assistance. They are also recruiting related companies (at least five) until the 22nd.
In the first year of the R&D sector, the development of foamed materials for automotive interiors with optimized storage stability and viscosity (KPX Chemical), and the development of a new catalyst for foamed materials that reduces volatile substances (PYURAN) will be carried out. In the second and third years, new technology development for foaming materials (raw materials) and products will be added.
Source: Seoul Economy (Jang Ji-Seung, Reporter)