Hanwha Advanced Materials Opens New Possibility
with NET Credit-won Technology
[Seoul, Korea, 20 August, 2014] Hanwha Advanced Materials, headed by CEO Kim Chang-bum, has been awarded the New Excellent Technology Certification (NET) for its “Manufacturing Technology of Thermoplastic Aramid Prepreg* for Lightweight Car Bumper Beams,” which it has
co-developed with Hyundai Motor Company.
The NET certification is awarded to new technologies developed in South Korea or for innovation involving existing technologies. The Korean Agency for Technology and Standards (KATS), which operates within Ministry of Trade Industry and Energy, issues the certification with the approval
of the Government of South Korea.
After winning a NET in April 2014 for the development of “the world’s first hybrid front bumper beams,” Hanwha Advanced Materials has once again proved its caliber as a manufacturing leader in the field
of lightweight car-parts composite materials with this new NET.
According to Hanwha, the new NET-won technology can combine thermoplastics with Aramid fibers. Aramid fibers are a kind of super fiber usually used to make bullet-proof body armors and well-known for their excellent impact energy absorption capacity. With the new technology, Hanwha Advanced Materials will now be able to manufacture lightweight car bumper beams which are around 50% lighter than current metallic bumper beams while enhancing crashworthiness of vehicles by maximizing
the energy absorption capacity of car bumper beams.
“The new technology can help improve fuel efficiency as well as reduce carbon emission by applying Aramid fibers, which have been used in only limited areas such as aerospace and defense industries so far, to car-parts anufacturing in order to make lightweight car-parts for the first time,”
a Hanwha Advanced Materials official said.
Hanwha Advanced Materials specializes in a variety of interior and exterior auto components made from lightweight materials including glass fiber mat-reinforced thermoplastic (GMT), lightweight reinforced thermoplastic (LWRT), and expandable polypropylene (EPP). The company has strengthened its position of the best strategic partner, which can help auto makers, including Hyundai, General Motors, Audi, Honda, and Volkswagen, achieve their omnidirectional car weight reduction strategy, on the strengths of its abilities to develop tailored processes and applications, which span part
designing-forming-performance tests for its clients.
*Prepreg: the term generally refers to intermediate materials used in manufacturing composite materials in order to enhance the specific strength and stiffness of a material by combining fibers with polymeric materials through a reinforcing agent.
For more information:
- Hanwha Advanced Materials PR
- Taeho Hur
- Tel: +82 (0)2 729 1434
- Email: firstname.lastname@example.org
Hanwha Advanced Materials
Founded in 1965, Hanwha Advanced Materials is operating businesses in areas of lightweight composite materials & molded parts for automobiles, high-functional films for mobile display, and high-efficiency film materials for solar power plants. Our company vision also defines: “A high-tech materials company that protects the values of humanity and the environment.” With our innovative line of products and technologies, we have built local production and R&D networks in South Korea, the US, Europe, and China. Our sales in global markets continue to rise.
For more information, visit: www.hwam.co.kr/en/index.do
Hanwha Group, founded in 1952, is one of the Top-Ten business enterprises in South Korea
and a “FORTUNE Global 500” company. Hanwha Group has 56 domestic affiliates and 226 global networks in three major sectors: manufacturing and construction, finance, and services and leisure.
With more than 60 years track record of industrial leadership, Hanwha’s manufacturing and construction businesses encompass a broad range of fields from chemicals & materials, aerospace & mechatronics, total solar energy solutions, and global construction. The finance network, covering insurance, asset management and securities, is the second largest non-bank financial group in South Korea. The services and leisure sector offers premium lifestyle services with retail and resort businesses.
For more information, visit: www.hanwha.com