KCMT and TWG take a commemorative photo after signing a business agreement at the conference room of KCMT's Ulju factory on the 15th. Mr. Lee Jun-hyung, CEO of TWG (left) and Mr. Kim Jun-young, CEO of KCMT (right) 

KCMT, a global producer of eco-friendly rebar substitutes, announced today that it has signed a business agreement with TWG Group, a U.S.-based investment company, for KEco. KCMT CEO Kim Jun-young and TWG GROUP USA LLC CEO Lee Joon-hyung attended the signing ceremony, along with 10 representatives from both companies.

The agreement states that the two companies will first introduce KEco, an eco-friendly construction material in line with global ESG management, to their domestic business, and KCMT will provide technical information, emphasizing mutual cooperation to expand the market for eco-friendly construction materials.

KEco is a premium eco-friendly rebar substitute made with KCMT's unique technology, and the demand for KEco is increasing as MOLIT's KDS and KCS for GFRP reinforcing bars for concrete bridges were listed in January 2024. Meanwhile, KEco is focusing on increasing its reliability through the Construction Resource Recycling Society, NEP certification, etc. and has been certified for safety by acquiring K-mark and Q-mark. 

TWG is a foreign-invested company established for new overseas development projects of ATWELL-GROUP, a global company, and is currently engaged in residential complexes, street malls, shopping centers, office buildings, and hotels in the Incheon Free Economic Zone (IFEZ).

KCMT and TWG said the partnership is expected to improve competitiveness in the eco-friendly rebar substitute business, accelerate its leadership in the domestic construction materials market, and build a future-oriented business collaboration for sustainable activities in ESG-managed businesses.