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Advanced plastic new material technology company, AM Solution, selected for TIPS project

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2021-07-19 17:47
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AM Solution, a specialty polymer materials company, has been selected for the Tech Incubator Program for Startup Korea (TIPS).
TIPS is a government-supported program that identifies promising startups with excellent technologies and provides about 500 million won in R&D expenses for two years in partnership with private investment companies.

According to a spokesperson for TIPS, the companies selected for this year's TIPS are recognized for improving the quality of life in the future with their respective technologies.

(Ltd. is an advanced polymer (plastic) new material technology company that has been developing various applications based on its functional polymer material manufacturing technology called Ionomer since its establishment in 2014. Through its proprietary technology for manufacturing Ionomer, AM Solution has succeeded in entering overseas markets beyond Korea. Starting with the first overseas expansion of ionomer for golf balls in 2019, the company has been strengthening its brand by exporting more than 3 pieces of high-value golf balls for famous American brands since 2021.
In particular, in 2020, the company began supplying ionomer-based permanent antistatic polymers to a large primary vendor. Through the selection of TIPS, the company is focusing on developing highly functional ionomer-based encapsulants, which are core materials for the recently growing 'transparent LED film display for signage'.
Mr. Jin-taek Hwang, CEO of AMSolution, said, "We are committed to developing market-leading products that meet customer needs. Based on our world-class ionomer material application technology, we want to grow beyond a startup to become a global strong material company and become a link to help other startup companies grow." "We want to create jobs through the growth of the company and provide growth opportunities for young engineers with a challenging spirit and passion," he said.
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