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KITA X KCC Open Innovation for International Startups

The Korea International Trade Association (KITA) jointly hosts an Open Innovation Program with KCC, a leading comprehensive fine chemical company that produces construction and industrial materials, paint, and cutting-edge materials.

KITA X KCC Open Innovation for International Startups
READING TIME

1 minute, 40 secondes

Both companies invite all startups with products (prototypes) and technology related to the areas of interest described hereunder to apply to the Open Innovation Program. The benefits for the selected startups will be a proof of concept with KCC business group and a business opportunity for joint development, technology transfer, and joint-investment.

Specific benefits will be also discussed at the business meeting between the selected startup and KCC.

Areas of interest

1. Sustainable management business model

  • Proposal of eco-friendly building materials and building materials recycling business
  • Recovery system for waste solvent
  • Eco-friendly PVC raw materials
  • Hypo-allergenic solvent-free epoxy curing agent
  • Suggestions for new materials for hydrogen fuel cells
  • Other sustainable management business model

2. New materials using coating and composite material technology

  • Suggestions for lightweight composite materials (example: Glass fiber reinforcement, Ceramic lightweight material…)
  • Architectural/Industrial insulation (example: Inorganic fiber fireproof insulation…)
  • Suggestions for alternative materials or raw materials for building materials/paints/material industry
  • Other new material business model

3. New products related to KCC business

  • Coatings for smart road (example: Road marking paints supporting self-driving technology, road coating system to enhance driving safety…)
  • Eco-friendly binder/resin replacing phenol resin
  • Super hydrophobic and Hydrophilic Coating
  • Eco-friendly antifouling agent / antibacterial agent
  • High-functional adhesives for multi material bonding (metal, non-metal, plastics)
  • Business model utilizing KCC distribution network
  • Systems to decrease inter-floor noise
  • Suggestions for ceramic-related products
  • Other new building materials or paints business

The application shall be issued before December 16, 2021, 23:59, on the Innobranch platform.

About KCC:
KCC is ranked No.1 in paints, and building materials industries in South Korea, and recorded annual revenue of $ 1,905 million in 2020. It is involved in the production of paints for automobiles, ships, construction and industrial use. The company also manufactures building materials like windows, insulations, and advanced materials for electronic, automotive industry. The company was founded in 1958, and employs 3,529 people with corporate headquarters in Seoul, Korea.

More information www.kccworld.co.kr