This used to get the reward of Aqua Gorget or a Suirin Obi in the quest "In the In the Name of Science."
To get the Suirin Obi you trade Yurim (First Floor, Tavnazia) a Silver Obi, this color chip, and Hpemde Organ and a Phuabo Organ.
To get the Aqua Gorget you Trade Yurim a Gorget, This color chip, 10 Aern Organ, 5 Hpemde Organ, 1 Yovra Organ.