Nurturing Precision Chemical SMEs
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As the global chemical industry becomes more advanced and diversified, competition intensifies, and small and medium-sized precision chemical companies are pioneering new markets through the development of new technologies.
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This precision chemical company, which mainly handles polyurethane, has recently succeeded in localizing its catalyst production.
Polyurethane is a material used in various products, such as mattress beds and sofas, and the catalyst was previously entirely imported.
Since it was founded seven years ago, the company has been working with a dedicated team from the Korea Research Institute of Chemical Technology to develop eco-friendly catalysts that emit no toxic substances. This not only substitutes imports but also aims to reach 5 billion KRW in sales within three years.
Source: Ulsan MBC (Chang-an Hwan, Reporter)
First Link: Video (starting from 3:03)
Second Link: Article