I4F, a group of companies providing patents and technologies to the flooring industry, announced its new Valuable Ideas Award, designed to reward individuals making exceptional contributions towards the continuous advancement and growth of the global flooring industry.

Mr. Yoon J. Koh, chairman, NOX Corp., was named as the 2019 winner of this new award.

To actively support the advancement of the flooring industry, annual winners will receive a donation, worth $50,000, to be used on research and development activities.

“We are delighted to name Mr. Koh as the first winner of our new Valuable Ideas Award in recognition of his outstanding contributions to the LVT product category during 2019, and prior years,” said John Rietveldt, CEO, I4F. “This award supports our mission to support open innovation as well as to enable freedom of choice and accessibility to cutting-edge technologies for the global flooring industry. The race is now on to identify next year’s winner!” 

For more information, visit i4f.com.