PPM was established through the acquisition of all assets and intellectual property of POSCO’s magnesium business. Building on the foundation established by POSCO, PPM is further advancing its magnesium sheet manufacturing technology and production capabilities. In particular, PPM possesses unique and proprietary technology to produce magnesium cast strip with widths of up to 2,000 mm using the Twin Roll Casting(TRC) process.

2023

Developed magnesium formwork

2021

Successfully completed demonstration trials of magnesium sheets for automotive doors (US Department of Energy USAMP, 2019-2021)

2019

Commissioned the worlds first wide-strip rolling mill (1,850 mmW)

2019

Acquired business assets from POSCO and established PPM

2017

Supplied magnesium roof panels for the Porsche 911 GT3 RS

2016

Developed Posnoble, a high corrosion-resistance magnesium alloy

2015

Supplied interior components for the Renault Samsung SM7

2015

Applied E-form Plus alloy to laptop D-covers

2015

Developed H-sinker, a high thermal conductivity magnesium alloy

2014

Developed E-form Plus, a high-formability magnesium alloy

2014

Successfully produced 0.15mmT ultra-thin magnesium foil

2013

Successfully produced 1,250mm wide rolled strips

2012

Commissioned the worlds first wide-width casting plant (2,000 mmW)

2007

Commenced business and completed production facilities (Narrow-strip plant: 600 mmW)

2002

POSCO initiated R&D for the commercialization of magnesium sheets