Solus Advanced Materials Officially Launched... "Aiming for 2 Trillion KRW in Sales by 2025"
Trade with Doosan ends on the 14th... Company name changed to Solus Advanced Materials
Transition to dual CEO system with Jin Dae-je and Lee Yoon-seok
[Asia Economy Reporter Ki-min Lee] Doosan Solus has changed its name to Solus Advanced Materials and transitioned to a dual CEO system.
According to Solus Advanced Materials on the 15th, the company held a board meeting the previous day and appointed Jin Dae-je, Chairman of Skylake Equity Partners, as CEO. With the deal with Doosan Corporation finalized on the 14th, Doosan Solus changed its name to Solus Advanced Materials and shifted to a dual CEO system with Jin Dae-je and Lee Yoon-seok as co-CEOs.
The predecessor of Solus Advanced Materials, Doosan Solus, was spun off from Doosan Corporation in October last year. Subsequently, as part of restructuring, Doosan Corporation sold Doosan Solus to the private equity fund Skylake Investment.
The name Solus Advanced Materials embodies the meaning of "connecting solutions and advanced materials for a better future to human life based on technology that creates customer value."
The company plans to achieve 2 trillion KRW in sales by 2025, leveraging competitiveness in four business sectors: battery copper foil, copper foil, electronic materials, and bio.
In particular, it plans to increase the production capacity of its Hungary plant, the only battery copper foil production base in Europe, to 75,000 tons annually by 2025.
Hot Picks Today
!["Rather Than Endure a 1.5 Million KRW Stipend, I'd Rather Earn 500 Million in the U.S." Top Talent from SNU and KAIST Are Leaving [Scientists Are Disappearing] ①](https://cwcontent.asiae.co.kr/asiaresize/93/2026051914165468840_1779167814.png)
"Rather Than Endure a 1.5 Million KRW Stipend, I'd Rather Earn 500 Million in the U.S." Top Talent from SNU and KAIST Are Leaving [Scientists Are Disappearing] ①
- "Not Jealous of Winning the Lottery"... Entire Village Stunned as 200 Million Won Jackpot of Wild Ginseng Cluster Discovered at Jirisan
- "I'll Stop by Starbucks Tomorrow": People Power Chungbuk Committee and Geoje Mayoral Candidate Face Criticism for Alleged 5·18 Demeaning Remarks
- Woman Experiences Eye Protrusion After 20 Years of Contraceptive Injections, Plans Lawsuit Against Major Pharmaceutical Company
- "How Did an Employee Who Loved Samsung End Up Like This?"... Past Video of Samsung Electronics Union Chairman Resurfaces
New CEO Jin Dae-je stated, "We will fully utilize Skylake's investment performance know-how to grow Solus Advanced Materials into a global super-gap company."
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
