Donghwa Corporation Breaks Ground on 'Donghwa Group Central Research Institute'

On the 10th, Seung Myung-ho, Chairman of Donghwa Group (sixth from the left), Kim Hong-jin, CEO of Donghwa Enterprise (fifth from the left), and Lee Si-jun, CEO of Donghwa Electrolite (fourth from the left), attended the groundbreaking ceremony of Donghwa Group Central Research Institute held in Bukseong-dong, Incheon.
[Photo by Donghwa Enterprise]

[Asia Economy Reporter Kim Jong-hwa] Dongwha Enterprise held a groundbreaking ceremony on the 10th at the site of the 'Dongwha Group Central Research Institute' located in Bukseong-dong, Incheon.

Attending the ceremony were Seung Myung-ho, Chairman of Dongwha Group; Kim Hong-jin, CEO of Dongwha Enterprise; Lee Si-jun, CEO of Dongwha Electrolite; and other distinguished guests. The event was conducted simply while adhering to COVID-19 prevention guidelines.

Scheduled for completion in June 2022, the Central Research Institute will have one basement floor, four above-ground floors, and a total floor area of approximately 5,300㎡ (about 1,600 pyeong). After completion, it will conduct research in chemical fields such as precision chemicals, surface materials, and electrolytes, which are next-generation driving forces, as well as the core material sector of Dongwha Enterprise.

Kim Jeong-su, Director of Dongwha Group Central Research Institute, stated, "The research and development know-how accumulated over 73 years will be concentrated in the Central Research Institute, establishing it as a base for preparing the future," and added, "We will continue to develop Dongwha's unique R&D capabilities and pursue differentiated research innovation."

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