PPM was newly established by acquiring all assets and intellectual property rights of POSCO's magnesium business. Building on the foundation established by POSCO, PPM is further developing magnesium sheet technology and production capabilities.
In particular, PPM possesses the unrivaled technology to produce magnesium cast products up to 2,000 mm wide using the world's only Twin Roll Casting manufacturing method.

2023

PPM established

2021

Completion of a demonstration experiment using magnesium sheet metal for automotive doors (US Department of Energy USAMP, 2019-2021)

2019

Completion of the world's first wide-width rolling mill (wide-width rolling mill: 1,850 mmW)

2019

Acquisition of business from POSCO and establishment of PPM

2017

Porsche 911 GT3 RS Roof Panel produced

2016

POSNOBLE Mg alloy developed

2015

Renault Samsung SM7 Nova interior parts produced

2015

Laptop D-cover with E-form Plus alloy produced

2015

HEAT SINKER Mg alloy developed

2014

Development E-form Plus Mg Alloy

2014

Succeeded in Production of 0.15mmT Mg Foil

2013

1,250mm wide rolled strip

2012

2,000mmW wide cast strip plant construction

2007

Business commencement and completion of production facilities (narrow factory: 600 mmW)

2002

POSCO begins research and development for commercialization of magnesium plates