SG, Ecosteelascon Files Patent in Ukraine... "Securing Competitiveness in Eco-friendly Ascon Technology"

(From left) Park Chang-ho, CEO of SG; Andrey Nazarenko, CEO of SGU. / Photo by SG

Ascon specialist company SG announced on the 28th that it has filed a patent for Eco Steel Ascon in Ukraine.

The patent filed this time pertains to the technology for "Production of Steelmaking Slag Aggregate and Manufacturing Method of Steelmaking Slag Asphalt Concrete Mixture." After nine years of research and development, SG became the first company in the domestic Ascon industry to obtain a related domestic patent.

Eco Steel Ascon uses slag, a waste material generated during the steelmaking process, instead of natural aggregates used in conventional Ascon manufacturing. It is an eco-friendly product that offers higher strength and durability compared to regular Ascon, while also reducing forest destruction and byproduct waste. When a Ukrainian delegation visited SG last year, the possibility of utilizing this product in Ukraine's road reconstruction projects was discussed.

SG is currently pursuing the acquisition of a local Ascon plant centered on its Ukrainian subsidiary, SG Ukraine (SGU), established in February. The company explained that it has already signed two contracts related to Ukraine's road reconstruction and that all procedures for the prompt commencement of local road reconstruction projects are progressing smoothly.

A company representative stated, "Ukraine is a steel powerhouse with a large amount of slag output, making it an ideal environment for producing Eco Steel Ascon," adding, "We are continuously communicating with the Ukrainian government and local companies to ensure rapid supply of Eco Steel Ascon during the long-term reconstruction projects."

He continued, "In addition to recently filing patents in India and Indonesia, we plan to file additional overseas patents to secure the international technological competitiveness of our eco-friendly Ascon products."

Meanwhile, Andrey Nazarenko, CEO of SGU, and Andriy Nikolayenko, chief representative of the Korea-Ukraine Friendship Association, visited Korea to attend the '2024 Asian Leadership Conference (ALC)' held at the Shilla Hotel in Jung-gu, Seoul, on the 22nd. Before their departure, they had a dinner meeting with key executives including SG CEO Park Chang-ho to reaffirm their commitment to mutual cooperation.

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