INEM won the grand prize in the rubber material category for innovative products INEM's technological prowess proven by winning the “Korea Small Giants Grand Prize”
Feb 18, 2021, 09:34
Recently, INEM won the grand prize in the rubber material category for innovative products at the “Korea Small Giants Award” hosted by the Korea Small Giants Association (KSGA).
INEM is a domestic rubber parts manufacturer that produces various rubber parts such as O-rings, diaphragms, gaskets, and rail pads, besides rubber sealing agents. INEM started developing radiation-resistant rubber sealing agent for nuclear power plants and has grown into a partner company of leading public and private companies.
It was possible, because of INEM's outstanding technology. Founded in 2007, INEM was established with the aim of localizing the rubber material parts industry, which was based entirely on foreign products by researchers from the Korea Institute of Machinery and Materials.
At first, all INEM produced was only a sealing system for nuclear power plants, but now, with INEM's technology, it is actively jumping into the high-tech industries such as railways and chemical plants, expanding its base ground.
In addition, it is analyzed that INEM can be an excellent alternative to the chronic supply-demand problems and high cost of foreign rubber parts. As a result of replacing the actual foreign rubber O-ring with the rubber O-ring of INEM, the O-ring of INEM showed superior durability. In addition, management and replacement were also easier, while the price was formed at about 60% of that of foreign parts, so the cost reduction effect was excellent.
Meanwhile, the KSGA, including INEM, raised a donation of about 17 million won and delivered it to the Korean Red Cross, asking to use it for citizens in Daegu and Gyeongbuk as the corona crisis prolonged. In-Kyung Hwang, chairman of INEM, said, "I know what it is like closing factories," and said, "Even though the situation is difficult, but I donated it in order to overcome this tragical crisis together.
Chairman Hwang added, “The reason INEM was able to achieve good results in the 'Korea Small Giants Awards' is because we are not over proud of our high technology, but have consistently invested in R&D,” she said.
For more information on INEM, visit http://www.inem.co.kr
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Written by Hanmir PRNews
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