Market Kurly invests in dry ice manufacturer 'Bigtex'... becomes second largest shareholder
[Asia Economy Reporter Lim Chunhan] Market Kurly announced on the 24th that it has decided to manufacture dry ice directly to ensure a stable supply and has invested in shares of 'Bigtex,' a dry ice manufacturing equipment company.
Bigtex, established in 2000, is the only domestic company specializing in the manufacturing of dry ice nugget machines, CO2 supercritical fluid semiconductor cleaners, and radiation-resistant remote robots for nuclear power plant dismantling. Recognized for its technological excellence and reliability, Bigtex has supplied products to well-known domestic companies. In particular, the dry ice nugget machine has completed registration of five domestic patents and has filed patents in five countries worldwide.
Through this share investment contract, Market Kurly has become the second-largest shareholder of Bigtex. Moving forward, Market Kurly plans to collaborate with Bigtex to establish a dry ice production plant and begin internalizing production and supply. The reason Market Kurly is pursuing internalization of dry ice manufacturing is due to the rapid growth of online grocery shopping and dawn delivery markets, combined with the added issue of COVID-19 vaccine transportation, making securing dry ice supply a critical matter.
Market Kurly expects that once the internalization of dry ice manufacturing is completed, it will be able to produce a significant portion of the dry ice it currently purchases externally. Additionally, it will be able to produce dry ice in various sizes optimized for delivery standards such as season, weather, and box size, which is expected to help with product quality control and efficient use of dry ice.
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A Market Kurly official stated, “We expect to secure dry ice supply smoothly while also achieving cost reduction effects,” and added, “We anticipate starting production from the second half of next year.”
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