3. Innovation to Iconic IRPC has developed and introduced grapheneenhanced fabric masks to the market, its first product ever to be sold via Business-to-Consumer (B2C) channels, under KleanTeQ brand. The collaboration between the Company and iPolymer Co., Ltd., specialized in online and offline B2C sales, have popularized the graphene-enhanced fabric mask leading to rising sales. Further R&D is underway to release new graphene-enhanced fabric mask products along with other graphenerelated functionalized products. 4. Innovation to Increment In 2020, IRPC, in cooperation with Faculty of Medicine Vajira Hospital of Navamindradhiraj University, established Vajira Lab for Society Co., Ltd. as a laboratory center to provide analysis and quality testing services for personal protection medical equipment products according to standards. The Innovation Center has set its sight on upgrading the analysis and testing capabilities of the Company’s Analytical and Laboratory Center to be on par with the world’s leading institutes. The Analytical and Laboratory Center conducts quality control on raw materials and provides product quality assurance before products go to the market. Applying digital system to improve the capabilities of analysis and testing with high accuracy and precision, to upgrade equipment and laboratory complex to ensure safety and maintain cutting-edge equipments, along with human resource development. The Analytical and Laboratory Center also provides analytical testing services to external customers capitalizing on its high-caliber personnel and specialized instruments, devices and equipment as well as testing services that meet the internationally accepted standards. In 2021, the Center generated a total of Baht 10.4 million in revenue. To promote sustainable agriculture, a key economic sector of Thailand, through the Smart Farming initiative, the Company, bui lding upon exist ing businesses through R&D to offer an innovative use of zinc oxide (ZnO) as an important components of fertilisers, plant nutrient supplements for rice and durian growers, etc. Such ZnO-enriched products are found to promote plant growth and increase yields, as small amounts of water-stable ZnO can be readily absorbed by plants. In 2021, the Company was granted a commercial fertilizer production license and a ZnO fertilizer registration number, enabling the Company to start commercial production, distribution and sales through Rakpasak Company Limited. 128 IRPC PUBLIC COMPANY LIMITED 56-1 ONE REPORT 2021
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