Iljin Highsolus Selected as a Top Company in Materials, Parts, and Equipment

Ahn Hong-sang, CEO of Iljin Hysolus, explaining the tube trailer used to transport 'Type 4 high-pressure gas cylinders for hydrogen vehicles.'
[Photo by Iljin Hysolus]

[Asia Economy Reporter Kim Jonghwa] Iljin High Solus, an eco-friendly hydrogen fuel storage solution specialist under Iljin Group, announced on the 11th that it has been selected as a Top Materials, Parts, and Equipment (MPE) Company by the Ministry of Trade, Industry and Energy.

The Ministry of Trade, Industry and Energy is implementing a policy to select and intensively nurture 100 companies with the best domestic technology and future growth potential in core strategic technology fields of materials, parts, and equipment by 2024. Last year, 21 companies were selected as the first batch, and this year, 22 companies including Iljin High Solus were chosen as Top MPE Companies.

Iljin High Solus was recognized for its technology and growth potential with its "Type 4 high-pressure gas container materials and parts manufacturing technology for hydrogen vehicles." The company will receive various support over the next five years through exclusive linkage programs for Top Companies, including technology development, commercialization, and global expansion.

Following Iljin Materials' selection last year for its "ultra-thin semiconductor substrate production technology," Iljin Group has enhanced its status as an advanced parts and materials specialist by having Iljin High Solus selected as an excellent company for two consecutive years.

Based on its Type 4 high-pressure gas container materials and parts manufacturing technology for hydrogen vehicles, Iljin High Solus is accelerating research to improve the performance of hydrogen storage and transportation systems for passenger cars, commercial vehicles, and tube trailers. This year, the company will establish a research and development (R&D) center to develop new products for future hydrogen mobility such as drones, ships, railways, and urban air mobility.

CEO Ahn Hongsang of Iljin High Solus emphasized, "Having been recognized by the government for our technological capabilities, we will strengthen product competitiveness and become a key player in the future hydrogen mobility industry."

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