Domestic Research Institutes Declare Technical Cooperation with Japanese Industry-Academia-Research Experts in Fine Chemicals Field
In line with the expansion of economic exchanges between Korea and Japan, domestic research institutes and Japanese experts have declared technological cooperation in the field of fine chemicals and are planning joint research projects.
On the 14th, the Ministry of Trade, Industry and Energy announced that it will hold an inauguration ceremony for the Korea-Japan joint technology research cooperation project aimed at strengthening technological competitiveness in the fine chemicals sector between the two countries. This initiative follows the Korea-Japan summit held in March, marking the beginning of active exchanges between the economic sectors of both countries and private-sector economic cooperation, aiming to collaborate with Japanese experts who possess excellent fine chemical technologies.
The event was attended by Korea’s First Vice Minister of Trade, Industry and Energy Jang Young-jin, along with experts from the Korea Research Institute of Chemical Technology, Korea Institute of Industrial Technology, Korea Electronics Technology Institute, Korea Photonics Technology Institute, Korea Footwear & Leather Research Institute, and the Institute of Advanced Technology. On the Japanese side, experts from Shinshu University, Kyushu University, Hokkaido University, Osaka Metropolitan University, Osaka University, Niigata University, Osaka Organic Chemistry, and Tokyo University of Science participated.
To plan this project, the Ministry of Trade, Industry and Energy, based on opinions from domestic research institutes related to fine chemicals, had the Korea Institute for Advancement of Technology survey technology demands suitable for joint research by Korean and Japanese experts. Out of a total of 42 technology demands received, nine tasks were selected, including nitride-based high heat dissipation materials, biomass-based high-performance adhesives and sealants, and high-temperature oxidation inhibitors for semiconductor packaging.
The Ministry plans to conduct additional demand surveys, finalize the tasks, and concretize the Korea-Japan cooperation pilot project. It also intends to reflect this in the medium-term budget next year and support smooth project progress starting from 2025.
First Vice Minister Jang Young-jin of the Ministry of Trade, Industry and Energy stated, “Currently, the materials targeted by the nine tasks account for about 5.7% market share in the approximately 160 trillion KRW global market, generating about 9.4 trillion KRW in sales in Korea. Through this Korea-Japan technology cooperation declaration, if core material technology development in fields such as semiconductors, displays, and secondary batteries proceeds normally, by 2031, when the project concludes, it is expected to achieve about 15% market share and 52 trillion KRW in sales in the global core materials market worth approximately 350 trillion KRW.”
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