Market trends
LS Mtron Has Signed a Cooperation Agreement on MuCell Technology Development with Trexel, a Leading
-LS Mtron Has Signed a Cooperation Agreement on MuCell Technology Development with Trexel, a Leading Foam Molding Company
- The demand for foaming molding which specializes in product light-weighting is expected to increase with the needs for lightweight automotive and electronic product packaging.
LS Mtron has signed a cooperation agreement on Mucell Technology development with Trexel(USA), a leading foam molding company to strengthen cooperation for foam molding technology, in order to respond positively to the future growth of the foam molding market.
Foaming molding, which has been recently growing, specializes in product light-weighting as a technology for molding into plastics in a microcellular foaming state. For this reason, not only the global market but also the Korean market are scrambling to apply it, starting with the automobile industry. The demand is expected to grow further not only because of the needs for light-weighting due to the expansion of electric vehicles, but also for various electronic products packaging.
Trexel, which LS Mtron has signed a Cooperation Agreement on the MuCell Technology Development with, is a leading company in the field of foam molding with long experience and know-how in foam molding technology since 1995. It holds more than 50 patents on foam molding technology, and the name MuCell is registered by Trexel to refer to microcellular foaming techniques and materials. LS Mtron is strengthening its technical development cooperation with Trexel to provide customers with the necessary technical support and further promote the popularization of foaming technology.
“MuCell is an outstanding technology that satisfy both weight lightening and quality of products, and will contribute to customer productivity improvement and cost reduction." said Seung-Dong Park, head of Mtron Injection Research Center. He added ”Based on the foam technology and know-how, we will develop injection molding system for foaming, so that we can respond to any foam molding products of our customers."
CTO Kyung-Nyung Woo, head of Technology Development Division, said, "Through this agreement, we will cooperate not only for current Micro cell technology but also for future Nano cell technology development to continuously strengthen lightweight technology."
