On Dec. 1, Doosan Yonkang Foundation (Chairman Yong Hyun Park) signed an agreement to
provide funds for environmental research projects through its funding program, called the Doosan
Yonkang Environment Research Fund, at the Grand Ambassador Hotel in Jung-gu, Seoul. The
foundation granted funds totaling 150 million won (about $138,000) to 10 researchers, including
Sang Sub Kim, professor of the Materials Science and Engineering Department at Inha University.

Since 1993, the Doosan Yonkang Foundation has offered research grants to research professors in
the field of environmental, health and safety (EHS). Through the funding program, it has delivered
2.6 billion won in support to 234 research projects. The foundation also publishes the Yonkang
Journal of Environmental Academic Research Papers, which is distributed to university libraries and
major institutions nationwide every year.

“I hope that the research work funded by the Doosan Yonkang Environment Research Fund would
help facilitate academic and technological advancement in the EHS field,” said Myeongho Jang,
executive vice president of Doosan Yonkang Foundation.

Doosan Yonkang Foundation Awards 150 Million Won in Environmental Research Grants