Samyang Holdings Corporation (000070.KS) KSC

Currency In KRW

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Samyang Holdings Corporation

Address

31 Jongno 33-gil

Seoul, SL 03129

Korea (the Republic of)

Phone

82 2 740 7111

Sector

Industrials

Industry

Conglomerates

Employees

510

First IPO Date

September 29, 2005

Key Executives

NameTitlePayYear Born
Tae-Ung EomInside Director & Chief Executive Officer01960
Jeong KimPresident01960
Ji-Seop KimMD & Chief of Finance Officer01961
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Description

Samyang Holdings Corporation, a diversified conglomerate founded in Seoul, South Korea, in 1924, engages in a wide array of activities through its various subsidiaries. The company's operations span the chemical, food, packaging, pharmaceutical, and IT service sectors. Its chemical division manufactures an extensive range of advanced materials, including value-added chemicals, terephthalic acid, various polycarbonate (PC) resins, bisphenol-A, and specialized engineering plastics. They also produce PC and polybutylene terephthalate compounds, PET bottles, and long fiber reinforced thermoplastics. In the food business, Samyang offers both health and wellness products and starch-based sugars. The company also extends into consumer services, operating the Seven Springs salad and brunch restaurant concept, along with Café Seven Springs bakeries. Its pharmaceutical arm develops and markets anti-cancer treatments such as Genexol and Nanoxel PM, in addition to medical devices like the NicoStop smoking cessation patch and biodegradable surgical sutures, including Trisorb and Monosorb. Samyang's products have a global reach, being exported to over 80 countries. Furthermore, Samyang provides comprehensive IT services, offering consulting for system management and integration, e-business solutions, and enterprise software (ERP, e-HR, MES, and mobile services) to clients in the public, finance, and manufacturing industries.

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