BGF Group has entered the advanced materials business in earnest by acquiring electronic components, automobiles, and semiconductor materials companies.

BGF Eco Materials Co., Ltd., a subsidiary of BGF Group, announced on the 25th that it would acquire approximately 5,189,245 shares (41.76% of total shares) from KNW's largest shareholder (Oh Won-seok) and four special affiliates for 63.5 billion won.

Through this, BGF Eco Materials acquired KNW's automotive materials and electronic materials businesses, as well as the semiconductor specialty gas business of Fluorine Korea, a subsidiary of KNW.

The electronic components materials industry and semiconductor specialty gas business are businesses that are experiencing continuous growth driven by the expansion of 5G, autonomous vehicles, and the Internet of Things (IoT).

In particular, Fluorin Korea is one of the few F2 gas producers in Korea. F2 gas is difficult to handle and has regulatory barriers, making it difficult for new entrants to the market. However, the scope of introduction is gradually expanding as semiconductor microfabrication advances.

In addition, in the case of sulfur hexafluoride (SF6), since 2011, the company has been generating operating profits of approximately KRW 2.5 billion annually through a carbon emission rights business that utilizes technology to recover waste SF6 gas and reintroduce it into the process.