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4/7/2016 | 2 MINUTE READ

Quickstep enters South Korean automotive market with composites contract

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The company will deliver composites manufacturing equipment to the Korea Institute of Science and Technology (KIST) by the end of 2016.

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Quickstep Holdings (Bankstown Airport, NSW, Australia) has entered into the South Korean automotive market through a new sales contract with the Korea Institute of Science and Technology (KIST). Quickstep will develop and supply composite manufacturing equipment, including its patented Resin Spray Transfer (RST) and Qure (out-of-autoclave) curing machine technologies, which KIST will use to develop prototype, demonstrator and niche-volume composite parts. Delivery is expected to be completed by the end of 2016.

“This contract opens up the South Korean automotive market for Quickstep’s process technology,” said David Marino, managing director of Quickstep. “Our patented technologies will enable medium-volume production of carbon fiber composite automotive parts, providing throughput of more than 10,000 parts per year. KIST is very well positioned within the automotive industry in South Korea, a sector that has made it a priority to develop lightweight carbon fiber solutions for future vehicles.”

KIST is a multi-disciplinary government research institute located in Seoul, South Korea, serving a role in the development of South Korea’s growing carbon fiber composite materials industry. It specializes in supporting Korean companies in the research, evaluation and introduction of new technologies into production environments. “This will be the first system of this kind in South Korea and we are very pleased with our decision to work with Quickstep to design and manufacture it for us,” stated Jun-Kyung Kim, Jeonbuk branch Composite Material Technology Institute Director General of KIST.

“The system will offer the complete capabilities that we need to continue and expand our research in the field of composite materials science, with our goal to become the world’s leading researcher in this area.”

The Quickstep manufacturing system supplied to KIST will be optimized for niche- to medium-volume automotive industry production. This company claims that the contract will drive further development of the RST and Qure systems for higher volume production, “well above the current capacity of existing systems used in the aerospace sector.”

South Korea provides a number of opportunities for the uptake of Quickstep’s process capabilities in the future, both in its fast-growing automotive market, as well as in its emerging aerospace manufacturing sector. The carbon fiber sector is seen as a major growth area in South Korea with significant government and industry investment going into major initiatives such as Carbon Valley Project in Jeollabuk-do province, creating an internationally focused region for research, development and industry in areas such as carbon fiber, artificial graphite and carbon polymers.

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