GreenVCI
GreenVCI is a South Korean specialty chemicals manufacturer founded in 1994 that produces proprietary VCI (Volatile Corrosion Inhibitor) films, papers, powders, and custom packaging to protect metals during storage and transit for automotive, electronics, heavy industry, oil & gas, military, and marine customers worldwide.
- Company typePrivate
- Founded1994
- HeadquartersGyeongju, South Korea
- Headcount11–50
- GTM typeB2B
- OfferingHardware or Manufacturing
What GreenVCI does
GreenVCI (legal entity: GreenVCI R&D Co., Ltd.) is a South Korean specialty chemicals manufacturer founded in 1994 as Eundong Industries that develops and produces Volatile Corrosion Inhibitor (VCI) packaging, treatment products, and services for protecting ferrous and non-ferrous metals during storage and transit. Its core technology is proprietary VCI chemistry that forms a protective molecular layer on metal surfaces via vapor-phase action, enabling protection of hard-to-reach internal cavities and complex assemblies where contact-based coatings cannot reach. The portfolio spans nine product categories — VCI Film, VCI Paper, VCI Powder, VCI Masterbatch, VCI Liquid, VCI Cleaner, VCI Emitter, VCI Desiccant, and VCI Fabrication (custom packaging) — manufactured through a vertically integrated production chain from raw materials to finished packaging, with formulations engineered to be plant-based, food-safe, nitrite-free, and biodegradable per KS ISO 7827 and ISO 14855-1 testing.
The company sells primarily B2B to enterprise customers on a quote-based, multi-year contract pricing model, through both direct enterprise sales and an exclusive global partner network of 11 regional offices spanning Asia-Pacific (Australia, China, India, Indonesia, Malaysia, Singapore, South Korea, Thailand), EMEA (Germany/Europe), North America (USA/Los Angeles), and Latin America (Mexico/Monterrey). End markets are diversified across automotive OEMs and Tier 1 suppliers (Audi, BMW, Volkswagen, Daimler, Hyundai, KIA, Nissan, Honda, GM Korea, Magna, Denso, Autoliv), electronics/deep tech (Samsung, LG), heavy industry (Bosch, Komatsu, Doosan, Hyundai Steel, Posco, Dongkuk Steel), energy and construction (SK E&C, GS E&C, Saudi Aramco), and military/defense (KAI, KIDA, Korean Public Procurement Service). Products are qualified to VW 50164, BMW GS 94003, Daimler DBL 6994, US MIL-SPEC variants (MIL-PRF-3420H, MIL-I-22110, MIL-PRF-22019E, MIL-STD-3010), Boeing D6-17487, REACH SVHC, RoHS, and TRGS 615 regimes.
GreenVCI also operates a differentiated Closed-Loop Circular VCI service that collects used LDPE-based VCI packaging, recycles it into LDPE granules for re-extrusion into new VCI products, and—when paired with RFID chip-embedded products—enables real-time tracking of placement, usage duration, and return status, supporting a circular-economy revenue stream adjunct to one-time product sales. Pricing is not publicly disclosed and revenue is undisclosed; the company is privately held with no external funding rounds, founder-led, and operating from its vertically integrated R&D and manufacturing headquarters in Hwaseong-si, Gyeonggi-do, South Korea.
GreenVCI firmographics
Firmographics- Name
- GreenVCI
- Legal name
- GreenVCI R&D Co., Ltd.
- Website
- https://greenvci.com
- Company type
- Private
- Founded year
- 1994
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- GreenVCI is a South Korean specialty chemicals manufacturer founded in 1994 that produces proprietary VCI (Volatile Corrosion Inhibitor) films, papers, powders, and custom packaging to protect metals during storage and transit for automotive, electronics, heavy industry, oil & gas, military, and marine customers worldwide.
- Ownership category
- akta.pro rank
GreenVCI industry classification
Industry- Product category
- Industrial Corrosion Protection Packaging
- NAICS
- Paint and Coating Manufacturing (325510), Custom Compounding of Purchased Resins (325991), Resin and Synthetic Rubber Manufacturing (32521)
- SIC
- Miscellaneous Chemical Products (2890), Plastics Products, Nec (3089)
- akta.pro primary industry
- Corrosion Control & Asset Integrity Services (Cathodic Protection/Coatings QA) (IMAIACAK)
- akta.pro secondary industries
- Coatings, Corrosion Protection & Anti-Fouling Systems (IMAJAKAJ), Functional Additive Compounds (UV/Antioxidant/Slip/Antiblock/Processing Aids) (IMANABAJ)
Keywords
Where GreenVCI is headquartered
LocationHeadquarters
- HQ city
- Gyeongju
- HQ country
- South Korea
- HQ region
- Asia
Offices11 records
Markets served
GreenVCI business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Operations, Personnel, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- VCI Products Sales: GreenVCI generates revenue through the sale of VCI products including films, papers, powders, masterbatches, emitters, desiccants, liquids, and cleaners. Products are sold directly to customers and through the global partner network. The company offers both standard products and custom fabrication services for specialized packaging solutions.
- Custom VCI Fabrication: Vertically integrated manufacturing allows GreenVCI to produce customized VCI packaging solutions including VCI heat shrink film with UV resistance, shrink film laminated with PET fabric, heavy-duty woven or PE-PP composite structures, custom bags, zippers, hatch covers, and complex shapes for military, oil & gas, heavy equipment, renewable energy, and EV battery industries.
- Technical Services and Consulting: GreenVCI provides application engineering services including product selection, packaging design, VCI dosage consultation, and post-performance verification. The company also offers on-site inspections and technical consulting for tailored VCI applications.
- Closed-Loop Recycling Services: GreenVCI offers closed-loop circular VCI services that collect used LDPE-based VCI packaging materials, process them through specialized recycling channels, and transform them into LDPE granules for re-blown extrusion into new VCI products, supporting the circular economy model.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | B2B quote-based pricing for VCI products and custom fabrication |
Go-to-market motion2 records
Distribution channels2 records
Marketing channels4 records
GreenVCI product offering
Product offeringCore offering
GreenVCI R&D Co., Ltd. develops and manufactures Volatile Corrosion Inhibitor (VCI) products — including films, papers, powders, masterbatches, liquids, emitters, desiccants, cleaners and custom-fabricated packaging — that protect ferrous and multi-metal parts from rust and corrosion during shipping, storage and operation. The company sells primarily to industrial OEMs and Tier 1 suppliers across automotive, steel, electronics, heavy industry, defense and oil & gas, and complements its physical products with Closed-Loop Circular VCI Services that use RFID tracking to enable reusable packaging programs.
Product overview
GreenVCI offers a comprehensive portfolio of Volatile Corrosion Inhibitor (VCI) solutions for protecting metals during storage and transit. The product line consists of nine core product categories: VCI Film (corrosion protection films including GVF100 flagship and specialty UV/stretched variants), VCI Paper (dual-action kraft paper protection), VCI Powder (molecular barrier protection in multiple forms), VCI Masterbatch (concentrate for manufacturing VCI Film), VCI Liquid (water/oil-based protection), VCI Cleaner (EDC Series for equipment maintenance), VCI Emitter (diffusers for enclosed electronics), VCI Desiccant (combined moisture absorption and corrosion protection), and VCI Fabrication (custom packaging solutions). The portfolio is unified by GreenVCI's proprietary VCI chemistry developed since 1994, with products ranging from ready-to-use films and papers to industrial concentrates and custom fabrications. Additionally, the company offers Closed-Loop Circular VCI Services with RFID tracking for sustainable material recovery and reuse.
Differentiator
Problem solved
Functional benefit
Products and services
- VCI Film Polyethylene film infused with VCI additives that releases corrosion-inhibiting molecules inside enclosed packaging to provide long-term protection of metal parts during storage and shipping; used by automotive, steel, electronics and heavy-industry customers.
- VCI Paper Kraft paper infused with VCI chemistry for wrapping and interleaving metal parts, providing corrosion protection during shipping and storage; a primary format used by steel mills such as Posco, Hyundai Steel and Dongkuk Steel.
- VCI Powder Anti-corrosion VCI powder for ferrous metals formulated from natural extracts instead of nitrite-based chemicals, providing multi-metal protection during shipping and storage; NACE TM0208 tested and TR CU 012 compliant.
- VCI Masterbatch High-performance VCI additive masterbatch on a polyolefin resin base, designed to be incorporated into films and bags during conversion to provide extended anti-corrosion protection.
- VCI Liquid Water-based VCI concentrate designed to be added to water-based coatings, paints and lubricants to extend anti-corrosion protection of metal parts and surfaces.
- VCI Cleaner (EDC Series) Specialized cleaner formulated to remove existing corrosion and prepare metal surfaces, used as a complementary pre-treatment step before applying VCI packaging.
- VCI Emitter Compact, portable corrosion protection device that releases VCI molecules into enclosed spaces such as control cabinets, electronics enclosures and toolboxes; targeted at electronics and equipment-protection applications.
- VCI Desiccant Moisture-absorbing desiccant infused with VCI chemistry, providing dual-action corrosion prevention and moisture control for metal parts in storage or shipment.
- VCI Fabrication Custom-made VCI packaging products tailored to fit specific metal component shapes and sizes, supplied to OEMs and industrial customers for unique or non-standard parts.
- Closed-Loop Circular VCI Services Reusable VCI packaging program supported by RFID tracking technology, enabling customers to deploy returnable VCI packaging across their supply chain for sustainability and cost benefits.
Quantifiable outcome
- Protection for up to 24 months when air-sealed
- +3 more outcomes
Companies that use GreenVCI
Customer profileNamed customers26 records
Segments6 records
Ideal customer profiles4 records
GreenVCI technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
GreenVCI partnerships and signals
Strategic signalPartnerships
Ten partnerships are on record, tiered core.
- GreenVCI Australia PartnercoreExclusive strategic regional partner for Australia, providing localized marketing, sales, and on-site technical support. Located in Melbourne.
- GreenVCI China PartnercoreExclusive strategic regional partner for China, providing localized marketing, sales, and on-site technical support. Located in Qingdao.
- GreenVCI Germany PartnercoreExclusive strategic regional partner for Germany and Europe, providing localized marketing, sales, and on-site technical support. Located in Frankfurt.
- GreenVCI India PartnercoreExclusive strategic regional partner for India, providing localized marketing, sales, and on-site technical support. Located in Pune.
- GreenVCI Indonesia PartnercoreExclusive strategic regional partner for Indonesia, providing localized marketing, sales, and on-site technical support. Located in Jakarta.
- GreenVCI Malaysia PartnercoreExclusive strategic regional partner for Malaysia, providing localized marketing, sales, and on-site technical support. Located in Kuala Lumpur.
- GreenVCI Mexico PartnercoreExclusive strategic regional partner for Mexico, providing localized marketing, sales, and on-site technical support. Located in Monterrey.
- GreenVCI Singapore PartnercoreExclusive strategic regional partner for Singapore, providing localized marketing, sales, and on-site technical support.
- GreenVCI Thailand PartnercoreExclusive strategic regional partner for Thailand, providing localized marketing, sales, and on-site technical support. Located in Bangkok.
- GreenVCI USA PartnercoreExclusive strategic regional partner for USA, providing localized marketing, sales, and on-site technical support. Located in Los Angeles.
Scale indicators4 records
Recent moves6 records
Expansion highlights5 records
GreenVCI competitors and assessment
Company assessmentBroad incumbents
- Nitto Denko: Large Japanese diversified materials company with industrial films, including functional and protective films used in similar packaging and electronics applications.
- 3M: Global diversified industrial conglomerate supplying protective films, tapes, and chemical products to automotive and industrial customers; serves as a broad incumbent overlapping with GreenVCI's surface protection use cases.
- Henkel: Global adhesives and coatings giant with a broader industrial portfolio including surface treatment and corrosion protection products; competes with GreenVCI indirectly in industrial preservation and at tier-1 OEM customers.
Direct peers
- Branopac: German VCI packaging specialist with a strong European automotive OEM customer base. Directly comparable to GreenVCI on VCI films and papers for German Big-Three automotive suppliers.
- Cortec Corporation: US-based, privately held leader in VCI films, papers, powders, and liquids with comparable product breadth and MIL-SPEC certifications. Most direct global competitor to GreenVCI's portfolio.
- Zerust / Northern Technologies International (NTIC): Public US company (NTIC) commercializing the Zerust brand of VCI packaging and corrosion prevention solutions globally. Closely comparable product line and customer base, especially in automotive and industrial markets.
- Armor Protective Packaging: US-based VCI film and paper producer offering comparable volatile corrosion inhibitor packaging products for metal preservation in storage and transit.
- Daubert Cromwell: US manufacturer of VCI papers, films, and emitters serving automotive, military, and industrial markets. Comparable on VCI kraft paper, film, and emitter product lines.
Regional players
- Shenyang Aerospace Xinyang: Chinese VCI packaging manufacturer competing with GreenVCI primarily in the Chinese automotive and steel end markets. Comparable on VCI film and powder products but geographically focused on China.
Emerging players
- RitePak Industrial: Niche VCI and corrosion protection packaging manufacturer with overlapping product focus but smaller scale; relevant emerging competitor in industrial VCI films and papers.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
GreenVCI social profiles
Digital presenceGreenVCI compliance and trust
Trust signalCompliance26 records
GreenVCI financial estimates
Financial estimateRevenue estimate
Valuation estimate
GreenVCI leadership team
Management profileNumber of profiles
GreenVCI funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
GreenVCI M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about GreenVCI
What does GreenVCI do?
GreenVCI R&D Co., Ltd. develops and manufactures Volatile Corrosion Inhibitor (VCI) products — including films, papers, powders, masterbatches, liquids, emitters, desiccants, cleaners and custom-fabricated packaging — that protect ferrous and multi-metal parts from rust and corrosion during shipping, storage and operation. The company sells primarily to industrial OEMs and Tier 1 suppliers across automotive, steel, electronics, heavy industry, defense and oil & gas, and complements its physical products with Closed-Loop Circular VCI Services that use RFID tracking to enable reusable packaging programs.
Is GreenVCI a public or private company?
GreenVCI is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was GreenVCI founded?
GreenVCI was founded in 1994. It employs 11 to 50 people.
Where is GreenVCI based?
GreenVCI is headquartered in Gyeongju, South Korea, in the Asia region.
How does GreenVCI make money?
Four revenue lines are on record. VCI Products Sales are the primary driver. The others are custom VCI Fabrication, technical Services and Consulting and closed-Loop Recycling Services.
Who are GreenVCI's main competitors?
Broad incumbents on record are Nitto Denko, 3M and Henkel. Direct peers are Branopac, Cortec Corporation, Zerust / Northern Technologies International (NTIC), Armor Protective Packaging and Daubert Cromwell. Shenyang Aerospace Xinyang is listed as a regional player. RitePak Industrial is listed as an emerging player.
Does GreenVCI have an API?
No public API is recorded for GreenVCI.
What industry is GreenVCI in?
GreenVCI's product category is Industrial Corrosion Protection Packaging. Its primary akta.pro industry code is IMAIACAK, Corrosion Control & Asset Integrity Services (Cathodic Protection/Coatings QA), with a secondary code of IMAJAKAJ, Coatings, Corrosion Protection & Anti-Fouling Systems. Its NAICS code is 325510 and its SIC code is 2890.