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Korea Unitech blocks U.S. monopoly by developing adhesives for LNG ships Global market top manufacturer with unrivaled technology
Nov 21, 2022, 01:39
Unitech is the world's second manufacturer specializing in industrial adhesive that commercialized LNG ship adhesive. Since its establishment in 1993, it has focused only on the development and production of industrial adhesives and has continued to invest generously in technology development.
For more than 15 years since the early 1990s, the LNG (liquefied natural gas) ship adhesive market has been a monopoly of Huntsman in the United States. Unitech succeeded in developing rod bearing mastics and epoxy adhesives four years after it began developing LNG ship adhesives in 2003, and emerged as a rival to Huntsman.
Specializes in manufacturing industrial adhesives in Korea, Unitech’s “Load Bearing Mastic“ is used for bonding hulls and insulation panels and gives smoothness to hulls. "Epoxy Adhesive" is an adhesive product used for bonding polyurethane foam, plywood, and triplex that form the insulation layer, and maintains excellent adhesion even in cryogenic environments.
Unitech's LNG ship products have been verified as appropriate materials for use in LNG ship systems by GTT in France, which has the original technology of LNG ships, increasing the reliability of quality. Although it entered the market as a latecomer, it has grown into a global leader who has surpassed Huntsman's products, which were exclusively supplied with 20% cheaper price and 10% higher strength than existing products in the market.
As LNG ship adhesives, which were previously dependent on imports from foreign countries, became self-sufficient in Korea, the amount to be spent on imports was not leaked abroad, resulting in an annual import replacement effect of about 20 billion won.
In addition, Korean adhesive manufacturer Unitech is expanding its scope to various industries, including automobiles and ships, as Unitech's adhesives is used in fuel tanks of Korea's first private science rocket launched last year to mark the 50th anniversary of KAIST's opening.
[Company Information]
Contact : Tel. +82-31-495-8072
Related Link : https://unitechcorp.com
Written by Hanmir PRNews
► This is a news release distributed by Hanmir PR news on behalf of Unitech
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#Unitech #industrial adhesive #LNG ship adhesive #monopoly #Load Bearing Mastic #Epoxy Adhesive #polyurethane foam #plywood #triplex #cryogenic environments #GTT #reliability of quality #self-sufficient
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