[Edaily Reporter Hyera Lee ] NANO. Co., Ltd.(187790)announced on the 1st that it has secured a catalyst supply project from a leading domestic petrochemical company, thereby expanding its track record in the industrial catalyst market for the petrochemical industry.

The domestic petrochemical industry is considered a market with high barriers to entry for domestic catalyst manufacturers, as the proportion of imported catalysts has been high since the initial plant commissioning phase. This is because operating conditions and exhaust gas characteristics vary by process, and long-term verification of catalyst performance and operational stability is required.
To expand its presence in the domestic petrochemical market, NANO. Co., Ltd. has consistently conducted technical validations and built a track record of supply with major petrochemical clients. Following the signing of catalyst supply contracts with major domestic petrochemical clients last year, the company is further solidifying its position in the industrial catalyst market by securing additional projects this year.
In particular, NANO. Co., Ltd. secured an additional supply reference in a market traditionally dominated by foreign products by signing a catalyst supply contract with a leading domestic petrochemical company last month. This order is significant in that it expands the company’s scope of application beyond the SCR catalyst market—which is centered on thermal power generation—into the general industrial catalyst market, including the petrochemical sector.
Building on its diverse track record of supply to the domestic petrochemical industry, NANO. Co., Ltd. is also attempting to break into the large-scale petrochemical market in the Middle East. While its expansion into overseas petrochemical markets had previously been constrained by a lack of supply track record, the company expects business opportunities in the Middle East to expand as it accumulates references from major domestic clients.
A NANO. Co., Ltd. official stated, “Although the domestic petrochemical catalyst market is characterized by a high proportion of imported products and significant barriers to entry, NANO. Co., Ltd. is achieving meaningful results through consistent technical validation and the accumulation of supply track records.” The official added, “Based on our track record with domestic petrochemical clients, we will broaden our scope of application in the general industrial catalyst market and actively seek new opportunities in the Middle Eastern petrochemical market as well.”