NH CHEMICALS’ polyalkylene glycol (PAG) was named ‘2023 World-class Product’.

‘World-class Product Certificate Award’ is a certification system organized by the Ministry of Trade, Industry and Energy (MOTIE) and operated by the Korea Trade-Investment Promotion Agency (KOTRA) with a goal of diversifying exports and securing an export growth engine. The world-class products are classified into ‘current world-class products’ which are USD 50 million or greater in a global market size or USD 5 million or higher in export figures while maintaining as a one of the top 5 global market shares and ‘next-generation world-class products’ that are anticipated to enter the top 5 within the next 5 years.

NH CHEMICALS’ PAG is categorized as ‘next-generation world-class product’.

PAG is synthetic oil made with ethylene oxide and propylene oxide. It is used in diverse industrial fields such as freezer compressor lube, flame-retardant hydraulic oil, food-processing oil and textile & metal-processing oil. It is mostly sold in the U.S., Europe, China and Southeast Asia.

The recently released allyl compound is a product developed with PAG synthesis technology. It is used in cosmetics, paint additives and surfactants and fully exported.

An official from NH CHEMICALS said, “Based on our advanced technologies and understanding of market situations, we are going to keep penetrating global market through continued R&Ds and expansion of customized products.” He continued, “We are committed to promptly responding to industrial changes through eco-friendly manufacturing.”

Posted by: Management Support Division (nhcus@nhchemicals.com, 052-267-4700)