Aekyung Chemical specializes in sodium-ion battery (SIB) technology, particularly through its development of high-performance hard carbon materials essential for SIB cathodes. These hard carbons achieve a discharge capacity of 300 mAh/g with over 90% efficiency, ranking among the top performers globally. The company introduced Korea’s first hard carbon for secondary battery cathodes in 2012 and has expanded its research with a dedicated organization established in 2022, focusing on sustainable energy solutions and ESS applications.
The company produces high-performance hard carbon materials tailored for sodium-ion battery cathodes, suitable for energy storage systems (ESS). The products are designed to offer economic and environmental advantages compared to traditional lithium-ion batteries, targeting significant market growth in the global ESS sector.
Aekyung Chemical acquired a 50% stake in VINA Plasticizers Chemical Company (VPCHEM) in Vietnam, expanding its annual plasticizer production capacity from 550,000 to 660,000 tons, enhancing supply to North American and European markets. In 2024, it obtained IATF 16949:2016 Certification for automotive quality management, was recognized as a model taxpayer, achieved ESG Integrated Grade A, and published its first Sustainability Report in 2023.
Major shareholders of Aekyung Chemical include AK HOLDINGS, INC. (60.3%), Aekyung Asset Management Co., Ltd. (5.2%), National Pension Service of Korea (3.9%), Chairman Young-Shin Chang (2.0%), and Aekyung Group (parent), which includes investors such as IMM Investment.
