Donghwa Enterprise Promotes Establishment of Central Research Institute in Bukseong-dong, Incheon

Continuous Strengthening of Corporate Competitiveness through R&D Investment
Integration of Core Business Research Personnel... Expecting Efficiency and Synergy

Aerial view of Donghwa Enterprise Incheon Bukseong-dong Central Research Institute. Photo by Donghwa Enterprise

[Asia Economy Reporter Kim Heeyoon] Dongwha Enterprise announced on the 13th that it will establish a central research institute in Bukseong-dong, Incheon.

The establishment of this central research institute is being promoted to consolidate the core business position by integrating the research infrastructure dispersed across different business sectors. The investment amount is approximately 13.6 billion KRW.

The central research institute, to be established in Bukseong-dong, Jung-gu, Incheon Metropolitan City, will have a total floor area of about 5,000㎡ (approximately 1,500 pyeong) with one basement floor and four above-ground floors. Architectural design will be completed by January 2021, and construction will begin in April 2021. The expected completion date is May 2022.

After completion, research and development activities will be carried out by personnel specializing in ▲electrolytes for secondary batteries ▲fine chemicals ▲surface materials ▲board research gathered in one place. Based on joint research and technology sharing, synergy effects are also expected between the core board business and the next-generation power chemical business.

The central research institute will also conduct research to secure intellectual property rights for electrolytes and key electrolyte additives for all-solid-state batteries. Dongwha Enterprise has been continuing a national research project on electrolytes for all-solid-state batteries since last year.

Kim Jeongsu, Executive Director of Dongwha Enterprise’s Central Research Institute, said, “With the establishment of the central research institute, we plan to concentrate research infrastructure in one place to secure excellent technology and actively support not only domestic but also overseas sites such as Vietnam, Malaysia, and Finland,” adding, “We will put more effort into securing corporate competitiveness not only in the board business but also in the chemical business group.”

This content was produced with the assistance of AI translation services.