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Korean carbon fiber and glass fiber materials company seeks JV partners or investors in China
|Project region||South Korea|
|Industry||Industrial Goods & Machinery|
|Total value of the target||N/A|
|Expected target net rate of return after deducting all taxes and fees||N/A|
|Validity period of pending order||365|
|Project highlights||high-end materials - supplier of Samsung, LG & Hyundai - USD 9.5 million annual sales|
The Korean company is predominantly developing and manufacturing high-end carbon fiber and glass fiber materials, for which it owns unique technology. Its high-strength glass fiber materials can replace stainless steel and aluminum parts, with the advantages of high strength, corrosion resistance, light weight and low cost. Currently, the company is the supplier of Samsung (high-end home appliance series), LG (high-end home appliance series) and Hyundai (drone products). Its annual sales are approximately USD 9.5 million. The company seeks joint venture partners or investors in China.
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