Kim Hak-do, Chairman of the Korea Institute for Advancement of Technology, Visits Advanced Chemical Materials Company Site

Visiting Shina TNC, an Advanced Chemical Materials Specialist Company in Geumcheon-gu, Seoul, on the 8th

Kim Hak-do, Chairman of the Korea SMEs and Startups Agency (right), is visiting the Shin AT&C workplace located in Geumcheon-gu, Seoul, on the 8th and inspecting the site.

[Asia Economy Reporter Kim Cheol-hyun] The Small and Medium Business Corporation (hereinafter referred to as SBC) announced that Chairman Kim Hak-do visited Shina TNC, an eco-friendly advanced chemical materials specialized company located in Geumcheon-gu, Seoul, on the 8th to inspect the site and listen to difficulties.

This visit was arranged to gather opinions on policy support directions for excellent export companies overcoming the difficulties of the three highs (high exchange rate, high prices, and high interest rates) and to encourage employees.

Founded in 2006, Shina TNC is a company that produces advanced chemical materials used in the electrical and electronics fields based on epoxy resin and acrylic resin as basic materials. It has taken the lead in domestic production of advanced materials by independently developing technologies previously monopolized by overseas large corporations.

Although Shina TNC recently faced difficulties in developing domestic and overseas sales channels due to instability in the supply of core raw materials for advanced chemical materials and logistics chaos, it is expanding its overseas market recognition by carrying out development projects targeting major overseas advanced electronic component material companies through SBC’s linked policy support projects.

Chairman Kim Hak-do said, "SBC has provided prompt support to help export companies suffering from management difficulties and temporary liquidity issues due to recent economic uncertainties overcome these challenges," adding, "Next year, we will seek effective support measures so that small and medium venture companies with excellent products can successfully enter the global market."