Related Article) Technofinechem Steps Up Promotional Efforts to Expand into Overseas Markets and Strengthen Brand Awareness
Technofinechem Steps Up Promotional Efforts to Expand into Overseas Markets and Strengthen Brand Awareness
Technofinechem Co., Ltd., which has increased its market share in Korea through continuous challenges and strict quality management, has announced that it is stepping up its promotional efforts to explore overseas markets and enhance brand awareness.
As the company’s business is focused on industrial materials rather than general consumer goods, its business is conducted primarily on a B2B basis. The company has increased its domestic market share by securing years of manufacturing know-how and sales channels, and has also established TFC as a manufacturing affiliate. Currently, the company manufactures blowing agent materials used in plastics and supplies them to companies such as Henkel Automotive Korea and Lotte Chemical.
Technofinechem and TFC divide their responsibilities through an organically connected business structure. Technofinechem, located in Seoul, focuses primarily on import and export operations, including distribution and logistics, while TFC, located in Eumseong, Chungcheongbuk-do, focuses on production, manufacturing, and R&D.
The company’s main products are blowing agents, which are widely used throughout everyday life, including thermal insulation materials and insulating materials such as PE foam, PVC wallpaper, automotive interior materials, and EVA materials for footwear. In addition to blowing agents, the company operates across various business areas, including electronic materials, flame retardants, battery intermediates, and pharmaceutical intermediates. Its blowing agents are customized and manufactured according to the characteristics and requirements of each customer.
The company’s representative product line is its Modified Blowing Agent series, a product group that requires accumulated know-how and high-quality standards. Its major products include the ACPE series and W series. The ACPE series is a chemical crosslinking blowing agent applied to thermal insulation and insulating material mats, while the W series is a blowing agent for wallpaper used in embossed wallpaper. Both product lines are continuously being improved in terms of quality based on the company’s technology and accumulated know-how.
A company representative explained, “Technofinechem’s strengths lie in its superior price competitiveness compared with other companies and its ability to manufacture products according to the characteristics and needs of each customer. We maintain a stable supply chain by providing products on schedule based on our latest equipment.”
The company is also focusing on R&D with professional researchers at its in-house research institute. Along with continuous development of new products, it is investing significant efforts in research and development to pursue environmentally friendly approaches that take nature into consideration.
One example is its ongoing research into blowing agents for use in “biodegradable plastics.” The bioplastics being studied by the company release nitrogen gas when a blowing agent is introduced. Accordingly, the company continues its R&D efforts to ensure that the materials can naturally decompose after disposal without generating harmful gases.
The development of such eco-friendly materials is also aligned with the government’s Green New Deal policy. The company is conducting public R&D projects in cooperation with institutions such as Technoparks (TPs) in various regions, as well as universities.
Park Wan-soo, CEO of Technofinechem, said, “As part of our efforts to achieve our goals together with TFC, we recently expanded our factory and completed its construction, while also developing and pursuing new items. We will continue our efforts to become a company that customers return to by providing highly complete products and quality tailored to their needs.”
CEO Park Wan-soo, who majored in chemistry, established Technofinechem as a corporation in 2003 based on his diverse experience in areas including research and sales.
Technofinechem Co., Ltd. provides consultation through offline inquiries and inquiries submitted through its website.
Source: Dailysecu
※ This material has been reconstructed based on the contents of the referenced article.
