Duol Signs Agreement with SanGipyeong for Development of Airbag and Tire Fibers

[Asia Economy Reporter Wondara] Duol announced on the 1st that it has signed a project agreement for the material component technology development industrial technology innovation project with the Korea Institute for Advancement of Technology. The company explained, "After developing fibers with significantly higher strength than existing ones, we plan to replace expensive nylon and apply it to airbags and tires."