Samyang Corpotation

Samyang Corp. News

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  Samyang Creates Biodegradable Eco-friendly Engineering Plastic - Development of biodegradable PC and parts; designated as a supervisory company for project by the Ministry of Commerce Industry and Energy - Development of high-value and eco-friendly PC technology using starch ingredients (isosorbide) along with domestic PC production - Reduced period of development with industry–academia–research collaboration; new challenge of developing biodegradable PC using isosorbide - Construction under way for an isosorbide plant with approx. 10,000 annual tonnage in Gunsan, Jeollabuk-do Province; expected to create new markets     ▲ Polycarbonate (PC), an engineering plastic produced by Samyang. Due to its excellent transparency and heat resistance, it is widely used in electric/electronic parts, automobiles, etc.   Samyang is providing a fundamental solution to environmental pollution due to polycarbonates (PC) by developing PC that is degradable by microorganisms under certain compost conditions, such as temperature and moisture.   Samyang (CEO: Kang Ho-sung) stated on the 25th that the development of biodegradable PC using isosorbide and commercialization of its parts are being carried out at the same time. PC is an engineering plastic which has excellent transparency, heat resistance, and mechanical characteristics, and are widely used in electric parts, automobiles, medical equipment, etc. As physical reuse has no price-competitiveness, it was usually buried as landfill or incinerated after use, but the production of toxic substances during this process called for environmental pollution issues.   In 1991, Samyang became the first in Korea to produce PC, opening up a new era of “Made in Korea” PC. Afterwards, development of high-value PC, such as silicon polycarbonates (Si-PC), which enhanced impact resistance, chemical resistance and flame resistance, as well as high heat-resistant PC and transparent flame retardant PC were areas of focus. In 2014, commercial production technology for isosorbide was secured for the first time in Korea, and second in the world. Isosorbide which is produced using starch is a bio-material which can replace bisphenol A (BPA), which is one of the key ingredients of PC.   This technology was recognized, leading to Samyang being designated as the leading supervisory company for the “biomass-based PC and parts development” project by the Ministry of Commerce Industry and Energy on the 13th. Although there were cases of PC being developed using isosorbide, the commercialization of biodegradable PC using isosorbide had not yet been realized.   This project led by the government has the goal of securing original technology for biodegradable PC, where development of biodegradable PCs and internal parts for automobiles are being carried out with the participation of 12 companies, research and academic institutions in and out of Korea. The Korea Conformity Laboratories, which takes part in approving biodegradability, Duckyang Auto, which takes part in developing automobile parts, and domestic finished car companies take part in the approval and parts development to speed up development. As a overseas connection project, professors of material development from Sweden’s research-based general university, Lund University, are also participating.   An official from Samyang said “Various eco-friendly specialty parts using isosorbide will be developed to expand the scope of application for isosorbide and create new markets through active cooperation with other companies.”   On the other hand, Samyang Innochem, a chemical subsidiary of Samyang Group, is currently constructing a plant for isosorbide production with 10,000 annual tonnage, which is expected to be completed by the second half of this year. Isosorbide is a bio-material produced by processing starch extracted from plant sources, and can be used in place of conventional chemical materials for PCs, paint, glue, etc. Especially, plastic produced using isosorbide dinitrate displays enhanced durability, transparency, heat resistance, etc. which makes them the ideal material for the outer casing for electronics such as mobile devices and TVs, as well as protector film for smart phones, automobile fixtures, food containers, eco-friendly construction materials, etc.   Details

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  Samyang Obtains 3D Printing NeT Certification - Development of composite material for 3D printing in collaboration with Hyundai Motors and 3D Factory - Prints 10-meter-long products +100x faster than conventional 3D printers - Production of fixtures required for automotive production using 3D printing, speeding up new vehicle development   ▲ Team leader Park Sang-hyun of Samyang’s chemical research lab (4th from left) taking a photo with Director Lee Sang-hun (middle) of the Korean Agency for Technology and Standards during the 2021 NeT & NeP Certification Ceremony at The K Hotel Seoul on May 20.   Samyang obtained New Excellent Technology (NeT) certification from the government for new technology related to 3D printing using open innovation plastics engineering technology. NeT certifications are awarded by the Ministry of Commerce Industry and Energy to innovative technologies that improve or supplement technologies that are newly developed in Korea or already available, and certified products receive various benefits such as loans, tax reduction, and market distribution.   Samyang (CEO: Kang Ho-sung) announced developing an integrated 3D printing technology for laminating and cutting polycarbonate (PC)/carbon fabric (CF) composite material for automotive part fixture (checking fixture) with Hyundai Motors and 3D Factory as well as receiving NeT certification by the Korean Agency for Technology and Standards on the 21st. A fixture is a measurement tool for checking if the parts are manufactured according to blueprints.   The recently approved new technology combined Samyang’s PC composite material for 3D printing with Hyundai Motors and 3D Factory’s 3D printing technology for automotive production to create fixtures required for automotive production using 3D printers. Samyang discovered a large-product printing material development idea from their internal venture promotion program and support the commercialization of related ideas for 14 months.   Although conventional 3D printers had slow printing speeds while producing small results, the new technology can print products of up to 10 meters over 100 times faster than existing 3D printers, which can be used in various cases. Also, precise processing of products less than 0.2 mm is possible, which allows the manufacture of precise fixtures for mid-to-large size parts.   If extra precise fixture production becomes possible using this new technology, it is expected to reduce the development speed of new vehicles. Up to now, whenever a new part was created, a new fixture was required, which was one of the reasons adversely affecting new vehicle development. Although existing fixtures required more than 1 month starting from its design to actual application, fixtures created using the new technology took 50% less time with 30% less expenditure.   An official from Samyang stated, “We succeeded in developing PC composite material for 3D printing based on existing compound and composite technology of our company,” and added, “We were able to greatly reduce the commercialization speed of this technology thanks to active cooperation with related companies.”   On the other hand, the polycarbonate composite material for 3D printing that was developed initially started as a new business idea from Samyang’s internal venture promotion program Growth Talk. Samyang Group receives and reviews new business idea propositions, and supports funds and mentoring, etc. for test product manufacturing and commercialization. Details

• About Samyang Corp.Samyang pursues the vision of producing ?쏧ngredients that Add Value to Life??and endeavors to create a new future and a new Samyang.
• Corporate Social Responsibility ActivitiesOver its long history, Samyang Group has conducted diverse corporate social responsibility activities such as helping our neighbors, protecting the environment, contributing to the development of communities...
• IR InformationThis is financial information on Samyang Corp.

chemical

• Engineering Plastics Engineering Plastics more Engineering plastics are used as sophisticated materials for automotive, electrical/electronic, and machine parts.
• Ion Exchange Resins Ion Exchange Resins Detail Samyang Corp. is the only domestic maker and seller of ion exchange resins.
• EMS EMS more EMS provides the sevrvice related to the development of materials for displays, semiconductors, and IT

foodstuff