SBTL Advanced Materials Earns TI-2 Rating in NICE Technology Evaluation

"Proves technological competitiveness in next-generation battery materials"
Developing ultra-deep-draw and all-solid-state battery pouch films, among other products.

SBTL Advanced Materials employees pose for a commemorative photo in front of the company. SBTL Advanced Materials.

SBTL Advanced Materials said on the 11th that it had received a “TI-2” rating, indicating outstanding technological capabilities, in NICE Information Service’s technology credit evaluation (TCB) for investment purposes.

The investment-purpose technology evaluation has 10 grades, from TI-1 to TI-10. TI-1 is generally awarded to global leaders and research institutes of large corporations, while TI-2 is effectively the highest grade given to small and medium-sized enterprises and venture companies. TI-3 is generally considered the benchmark for technology-based special listing reviews on KOSDAQ.

Regarding its TI-2 rating, the company said, “Our technological competitiveness and growth potential in next-generation battery materials have been recognized,” adding that “we have demonstrated in advance the likelihood of passing a preliminary listing evaluation and our corporate value.”

SBTL Advanced Materials has invested more than 150 billion won in technology development over the past 17 years. During the COVID-19 pandemic, more than 30% of its employees also voluntarily invested in the company despite the difficult business environment. 

The company has been recognized for its proprietary technological capabilities, including receiving a government certificate confirming it as a “company with core strategic technologies in materials, parts, and equipment.” It is pursuing the localization of battery pouch films and diversification of their supply chain. It was also selected as a leading company in a project to stabilize the supply chain for battery pouch films.

SBTL Advanced Materials said it is running more than 60 joint development projects with around 40 global customers.

The company is developing ultra-deep-draw pouch films with a forming depth of 25 mm to achieve high energy density and safety; stainless steel pouches that combine high safety and energy density, with heat resistance up to 1,400°C, puncture strength more than three times that of aluminum, and a forming depth of 16 mm without wrinkles or cracks; and pouch films durable under high temperatures and pressures for the warm isostatic pressing (WIP) process used in next-generation all-solid-state batteries.

“Receiving the TI-2 rating is a meaningful achievement that recognizes not only our technological capabilities but also the growth potential of our market and business,” said Cheon Sanguk, CEO of SBTL Advanced Materials. “We will use this as an opportunity to accelerate the advancement of next-generation battery materials technologies and expand our global customer base.”

This content was produced with the assistance of AI translation services.