By Min Woong Pyo, UTI Korea correspondent
Seoul, Korea -- BASF Korea signed a memorandum of understanding with Daelim Industrial 20 July on technical cooperation for Exterior Insulation Finishing Systems (EIFS). Executives of both companies attended a ceremony at the Millennium Seoul Hilton Hotel.
Under the agreement, Daelim and BASF will set up a joint research network and research optimal design methods for high-tech insulation systems.
Dong-moon Kim, leader of the BASF construction business and also the head of polyurethanes business in Korea said at the ceremony, "The demand for eco-friendly insulation technologies is gradually increasing because of greater attention to climate change and resource conservation. Through this agreement we aim to bring the latest generations of EIFS to construction sites around the country. "
Byung-chan Lee, director of the Construction Business Office at Daelim Industrial, who was also at the ceremony, said, "Through this agreement, we hope to actively address energy-saving technology plans, which have recently been enhanced in the construction industry. It will also help us seek advanced energy-saving technology methods in line with Daelim Industrial's eco-friendly and low energy vision."
BASF's wet-processed EIFS significantly supplements the thermal bridge, a weakness in interior insulation construction commonly seen in Korea's existing domestic market. Moreover, it greatly enhances insulation performance, chelping users meet ever increasing insulation standards in the domestic construction industry.
Pic: Dong-moon Kim (l) and Jong-Ho Kim, leader of the R&D centre (from Daelim)