Kolon Global Signs OSC Business Agreement for Ukraine Reconstruction Project

Kolon Global announced on the 19th that it signed a Memorandum of Understanding (MOU) with OSC specialized materials company ‘SY’ on the 18th at Kolon Tower in Gwacheon, Gyeonggi-do, for the Ukraine reconstruction project.

Commemorative photo of the business agreement for Ukraine reconstruction project.
[Photo by Kolon Global]

Through this agreement, both companies plan to collaborate on the development and manufacturing of OSC (Off Site Construction) construction interior and exterior panel technologies optimized for the local climate and usage to advance into the Ukraine reconstruction project.

They intend to focus on utilizing ‘hybrid’ panels specialized for the Ukrainian climate. Typically, sandwich panels used in construction place insulation material between steel sheets. Kolon Global plans to replace this with polymer composite sheet panels from its subsidiary, Exia Materials.

Kolon Global expects that this business agreement will significantly improve ease of construction and mass production capabilities in the interior and exterior panel sectors. Based on this, they plan to advance OSC construction technology and conduct specialized research tailored to various domestic and international markets.

A Kolon Global representative stated, “This marks a meaningful step in adapting the OSC construction projects, including modular construction that Kolon Global has been conducting, to the Ukrainian climate,” adding, “We will continue to implement various construction methods and technological convergence to expand the domestic private market and advance overseas business.”

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