G&BS Eco Awarded '50 Million Dollar Export Tower'... "Expanding Global Sales Next Year"

G&B S Eco announced on the 6th that it received the '50 Million Dollar Export Tower' award at the '60th Trade Day' ceremony.

G&B S Eco achieved its highest-ever export performance, proving its competitiveness in the global eco-friendly scrubber market for the semiconductor and solar power sectors. Following the 30 Million Dollar Export Tower award in 2021, the company achieved significant growth in export performance, nearly doubling in two years.

With over 80% market share and 75% of overseas sales based in China, the company has achieved solid results in the global market. This year, it successfully entered the Indian solar power market, which has high entry barriers due to stringent contract procedures. Additionally, it continues to pioneer global markets such as Europe and the United States.

Next year, G&B S Eco is expected to benefit in the semiconductor sector as well. There is growing optimism about the improvement of the global semiconductor industry due to the recovery of memory semiconductor prices and the expansion of next-generation semiconductor demand.

Based on its track record as the first domestic materials and components company to supply zero-liquid discharge plasma scrubbers to Intel, the company is continuing supply discussions with global leading companies such as Micron Technology in the U.S. and STMicroelectronics in Europe. Since it is already producing semiconductor scrubber demo equipment for testing, the company explains that there is a high possibility of securing large-scale orders next year.

Unlike other companies that trade through overseas branches of large corporations, G&B S Eco directly pioneers global markets such as India, Europe, and the U.S., resulting in higher profitability. It is expected that global sales will grow significantly next year as the semiconductor industry improves in addition to the high-growth solar power sector.

A company representative stated, “This Export Tower award is the result of boldly investing in overseas market entry by quickly responding to global trends such as ESG and RE100, and commercializing the world’s first zero-liquid discharge plasma scrubber.” He added, “We have already been recognized for our technology through scrubber supply contracts with domestic large corporations for over 10 years.”

He continued, “The energy multiplex business, which is being promoted as a new growth engine, is also progressing smoothly as we have secured the site for the second branch following the first, so we expect corporate value to increase further next year.”