A strategic cooperation agreement of a mass production of graphene technology transfer has recently been signed between the Korean UNIST (Ulsan National Institute of Technology) and Deokyang Energen Corp. (one of Korea's prominent industrial gas producers). 

Under this agreement, the technology for mass production of graphene will be moved to Deokyang Energen Corp. and will be widely used for commercial applications. Ulsan says that the value of this technique is about $1 billion USD and 1.5% of total gross, created from this technique will be also added to this value as a license issue fee.

Ulsan will also conduct additional R&D aiming to pave the way for cost-effective mass production of graphene within the next few years. 

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