
Daehan Chemical Fiber, an affiliate of Taekwang Group, used the microfiber brand Ace Fine and applied it to ceiling materials for Hyundai and Kia's flagship vehicles, SUVs, and hybrid and electric vehicle models, and announced plans to expand the scope of application to car seats and increase the proportion of industrial applications to 55% by 2030.
AI-generated summary
Daehan Chemical Fiber has been developing and investing with the goal of localizing automobile interior materials starting in 2024, and is expanding its business area from clothing materials to the automobile industry through Ace Fine.
Applied to ceiling materials, car seats, etc. for Hyundai and Kia’s main vehicles
(Seoul = Yonhap News) Reporter Lim Seong-ho = Daehan Chemical Fiber, a textile and petrochemical subsidiary of Taekwang Group, announced on the 15th that its representative microfiber brand 'ACEFINE' will begin full-fledged entry into the global automobile interior materials market.
Ace Fine is the only microfiber brand that produces all processes 100% domestically, and is expanding into the automobile interior materials market, a high value-added industry, based on its yarn development capabilities and experience in expanding its use accumulated in the clothing materials market.
Daehan Chemical Fiber has been carrying out intensive development and investment with the goal of localizing automobile interior materials starting in 2024 and is achieving results. It was applied to the headliner (ceiling material) of Hyundai Motor Company and Kia's flagship models, as well as various sports utility vehicles (SUVs) and hybrid and electric vehicle models.
In the first half of this year, its quality was recognized in the global market by supplying custom-colored interior materials to Korean large SUVs being produced and sold in the United States. Currently, we are expanding the application to include car seats and are continuing close testing and verification with domestic and foreign OEM companies.
Daehan Chemical Fiber announced that it has established a mid- to long-term roadmap to expand the proportion of industrial applications from the current 25% to 55% by 2030, with Ace Fine at the forefront.
An official from Daehan Chemical Fiber said, "We will actively focus our R&D capabilities on applying artificial intelligence (AI)-based applications to establish ourselves as the best material partner that meets the diversified needs of the global market."
AI outlook — possibilities, not facts
Daehan Chemical Fiber plans to expand the proportion of industrial applications to 55% by 2030.
Likely · Within years

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