[Asia Economy Reporter Hyungsoo Park] Nuriplan is showing strong performance.
As of 9:29 AM on the 28th, Nuriplan is trading at 6,280 KRW, up 14.18% compared to the previous trading day.
Nuriplan has completed on-site verification of its white smoke and fine dust reduction devices and has begun commercializing the products. It is conducting installation projects for white smoke and fine dust reduction devices with 31 domestic companies. In August last year, it acquired Unison HKR (formerly Unison E-Tech), a plant manufacturing company with approximately 100,000㎡ of factory land in Cheonan, Chungnam, and established mass production facilities.
Lee Sang-woo, Chairman of Nuriplan, stated in an interview with an economic magazine, "Demand is rapidly increasing, especially from business sites struggling with complaints from nearby residents due to white smoke," and predicted, "The domestic market size for white smoke and fine dust reduction devices will grow up to 10 trillion KRW."
Nuriplan is expanding its business area by applying white smoke reduction technology. It is supplying smog reduction devices for tunnels that remove floating particles generated at tunnel construction sites to large construction companies. Chairman Lee emphasized, "By 2030, we will raise sales and corporate value to 1 trillion KRW and become the world's number one global small giant company."
Nuriplan decided to develop air pollution reduction technology to improve the quality of life for urban residents and, in 2017, developed the world's first white smoke removal device applying air-cooled magic filter (rapid cooling condensation filter) technology. It achieves over 20% higher white smoke reduction rates compared to products from Germany and Sweden, while adding fine dust collection and odor removal functions. It also secured economic feasibility with prices about 30% lower than imported products and maintenance costs at one-tenth the level.
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