POSCO sets out to establish a graphene ecosystem to meet growing demand

South Korea's leading steel group, POSCO, will reportedly lead the creation of a graphene ecosystem in the southeastern industry port of Pohang in cooperation with research groups and Graphene Square, to meet the growing demand in the fields of semiconductors, electronics, electric batteries and composites.

POSCO said it has signed a business agreement with Pohang City, the Research Institute of Industrial Science & Technology (RIST), Pohang University of Science and Technology (POSTECH), and Graphene Square, which is developing systems for the mass production of large-scale graphene synthesized by chemical vapor deposition (CVD).

It was generally said that RIST supports engineering to build mass-production facilities. POSTECH supports the analysis of graphene-applied products. The National Institute for Nanomaterials Technology standardizes international authentication methods for graphenes and applied products. Graphene Square will establish a demonstration plant for the production of prototypes.

Back in 2011, it was announced that Posco acquired a 20% in XG Sciences and secured a license for graphene production. It was also said that Posco plans to build a graphene manufacturing facility.