By: ICN Bureau
Last updated : November 13, 2025 7:42 am
The new entity is set to jointly introduce and scale multiple business verticals of Cosmo First into the South Korean market
Cosmo First Limited, has entered a strategic 50-50 joint venture with Filmax Corporation, a renowned South Korean films and chemical company with strong local market equity.
The new entity is set to jointly introduce and scale multiple business verticals of Cosmo First into the South Korean market and take Filmax products into the global market through the former's various global arms.
Ashok Jaipuria, CMD, Cosmo First, said: "This collaboration marks an exciting new chapter for Cosmo First. By joining hands with Filmax Corporation, we merge global innovation with South Korean excellence. Together, we are confident of achieving ambitious growth, delivering superior value to customers across the globe, and setting new standards in specialty film solutions."
Byung Ik Woo, Chairman, Filmax Corporation, said, "Our partnership with Cosmo First is a major step toward not only reinforcing our leadership position in the region but also taking our expertise to the global stage. By combining Cosmo First's proficiency in innovative specialty films and chemicals with our robust market presence and reach in South Korea, we aim to set new industry benchmarks. We look forward to driving this impactful and value-driven association."