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Busan's project to strengthen the competitiveness of functional materials and parts companies produce meaningful results
The project to strengthen the competitiveness of companies making functional materials and parts in Busan is making significant progress.
On December 21, the Korea Institute of Materials Convergence Technology announced that it has provided, jointly with Busan Techno Park, 132 SMEs in Busan with technical difficulties, prototype manufacturing, and overseas certification through its project to strengthen the competitiveness of functional material parts companies.
It has resulted in an increase in sales by KRW 86.1 billion and creation of 124 jobs.
Company A in Saha-gu, Busan, localized glitter sheets for shoe materials and signed an annual delivery contract worth KRW 5 billion with US company listed on Nasdaq.
Company S in Geumjeong-gu, Busan, a company that produces industrial heat clothing, completed the development of protective clothing (protection against flame) that meets the International limited flame spread (ISO 15025) and signed an annual export contract worth KRW 500 million to a global aluminum rolled products manufacturer based in the United States.
youngkyu@yna.co.kr
Source Text
** This article was translated from Korean.
Date
2024.12.23
Views
119
According to Yonhap News,
The project to strengthen the competitiveness of companies making functional materials and parts in Busan is making significant progress.
On December 21, the Korea Institute of Materials Convergence Technology announced that it has provided, jointly with Busan Techno Park, 132 SMEs in Busan with technical difficulties, prototype manufacturing, and overseas certification through its project to strengthen the competitiveness of functional material parts companies.
It has resulted in an increase in sales by KRW 86.1 billion and creation of 124 jobs.
Company A in Saha-gu, Busan, localized glitter sheets for shoe materials and signed an annual delivery contract worth KRW 5 billion with US company listed on Nasdaq.
Company S in Geumjeong-gu, Busan, a company that produces industrial heat clothing, completed the development of protective clothing (protection against flame) that meets the International limited flame spread (ISO 15025) and signed an annual export contract worth KRW 500 million to a global aluminum rolled products manufacturer based in the United States.
youngkyu@yna.co.kr
Source Text
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Source: Yonhap News (December 21, 2024)
** This article was translated from Korean.