ING ENT Inc. Asset Profile

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Year established

2019

Location

South Korea

Primary Industry

Oil & Gas

About

Based in Gyeongsangbuk-do, South Korea, and founded in 2019, Ing ENT Inc. provides industrial fuel oil that uses pyrolysis technology to develop waste vinyl and waste plastic recycling solutions by converting into oxygen-free gas and then separating the gas through a cooling system.In August 2022, Ing ENT Inc. raised KRW 13 billion in venture funding from new investor STIC Alternative. The company produce industrial fuel oil from pyrolysis of waste plastic and waste plastic. By 2024, the company expects SKW 50 billion of sales income, with fund raised in 2022 to be utilized in expanding plants.

Current Investors

STIC Alternative

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Primary Industry

Oil & Gas

Sub Industries

Oil & Gas Exploration and Production, Oil & Gas Transportation, Waste to Energy, Water & Sewer Utilities, Recycling

Website

www.ingent.co.kr/

Verticals

Manufacturing

Company Stage

Early Stage

Total Amount Raised

Subscriber access only

Financials

Fiscal Year Ended
Revenue (USD)
% Revenue Growth (YoY)
Operating Income (USD)
Operating Margin
EBITDA (USD)
% EBITDA Margin
NET Income (USD)
% Net Margin

31 Dec 2019

(91,839,000)

(91,686,000)

31 Dec 2020

31 Dec 2021

31 Dec 2022

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