DK FineChem Secures Seed Funding to Expand Eco-Friendly Polymer Solutions Globally


DK FineChem, a Korean company specializing in eco-friendly polymer formulations, has secured seed funding from global investment firm 500 Global and the Korea Technology Finance Corporation (KIBO).

DK FineChem develops and manufactures customized additives using cellulose derived from sustainable raw materials such as natural wood and cotton. Its key product lines include MEICELL and HYPROCELL for construction and paint applications, MONOCELL with anti-mold properties, and DURACOAT, designed for food and medical-grade uses.

The company leverages its proprietary ROBO-X system to provide tailored formulations, utilizing eco-friendly polymer data and big data technology to design and deliver optimized solutions within 24 hours. By significantly improving traditional chemical production methods, DK FineChem meets the diverse needs of industries worldwide through customized, sustainable solutions. Currently exporting to 38 countries, the company continues to strengthen its global presence.

Kyungmin Kim, Partner at 500 Global, remarked, “Cellulose is a vital additive across various industries, and the global demand for eco-friendly products is surging. With its innovative ROBO-X system, DK FineChem has already established a strong presence in international markets. This investment will help the company expand its global reach and build a foundation for sustainable growth.”

Hanbit Lee, CEO of DK FineChem, stated, “Our ROBO-X system enhances our ability to deliver tailored solutions to customers more quickly and efficiently. This will enable us to address a wider range of demands more precisely and strengthen our market position.”

Share

Leave a Reply

Your email address will not be published. Required fields are marked *