Samyang Group Holds 'Samyang Innovation R&D Fair 2024'

Awarded Best Project for Development of Adhesive Material for Electric Vehicle Motor Cores

On the 5th, at the Samyang Discovery Center in Pangyo, Kim Yoon, Chairman of Samyang Holdings, is reviewing the exhibition projects at the 'Samyang Innovation R&D Fair 2023'. Photo by Samyang Holdings

On the 5th, Samyang Group held the 'Samyang Innovation R&D Fair (SIRF) 2024' at the Samyang Discovery Center in Pangyo, Gyeonggi-do.

SIRF is an event that exhibits and presents the R&D (Research and Development) achievements made by Samyang Group researchers throughout the year. It was first established in 2012 and has continued for 13 years to boost researchers' motivation for R&D by selecting and rewarding outstanding projects and to serve as a platform for knowledge sharing.

This year, Samyang Group awarded the Grand Prize to the project "Development of Adhesive Material for Electric Vehicle Motor Cores" and the Excellence Prize to the project "Development of RTP (Ready to Proof - raw dough requiring fermentation) Frozen Bakery Products." The awarded projects were selected based on comprehensive criteria including economic performance, contribution to company competitiveness, and innovativeness. The research teams received prize money of 50 million KRW and 30 million KRW respectively.

The Grand Prize-winning project, "Development of Adhesive Material for Electric Vehicle Motor Cores," was highly evaluated for securing superior adhesive strength, heat resistance, and oil resistance compared to competitors, developing an original room-temperature and ultra-fast curing system to maximize productivity, and acquiring intellectual property rights with differentiated technology that contributed to sales expansion and enhanced growth potential. Samyang Group plans to expand applications using core material technology to batteries, home appliance and robot motor cores, and dissimilar materials, as well as secure new customers.

The Excellence Prize-winning project, "Development of RTP Frozen Bakery Products," was recognized for contributing to sales growth by researching flour and fats dedicated to frozen bakery products and developing high-quality products through optimization of the pastry process.

Jaehoon Lee, head of the Industrial Bio P/G team who received the Grand Prize, said, "I am grateful to the team members who worked hard and collaborated to successfully complete this project," adding, "We will continue to devote ourselves to R&D so that Samyang Group can play a leading role in the electric vehicle market, which will be the core of future mobility."

At SIRF 2024, in addition to the projects selected for outstanding achievements, six research institutes including Chemistry, Food, Pharmaceutical Bio, Bio Convergence, NChem, and KCI exhibited ongoing projects under nine themes such as future mobility technology, sugar reduction platforms, and securing global competitiveness in semiconductor materials.

Chairman Yoon Kim encouraged attendees in his speech, saying, "The driving force that allows Samyang Group to move beyond the past 100 years toward a new 100 years is the technology created by the challenge spirit and passion of our researchers," and added, "We will spare no support to create an environment where researchers can freely dream and challenge themselves."

In particular, Chairman Kim emphasized three practical tasks for R&D innovation: ▲realizing specialty business advancement through R&D momentum ▲creating new businesses through technological convergence ▲achieving early results through digital transformation, urging researchers to participate actively.

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