Kolon Industries Inc (Kolon) manufactures industrial materials, chemicals, films/electronic materials, and fashion clothing. The company offers industrial materials such as tire cords, airbags, technical yarns, aramids, spunbonds, membranes and artificial leather. Kolon produces films/electronic materials such as polyester films, light guide plates, dry film resists, nylon films, prism films, micro lens films, light diffuser films, overcoats and light guide plates. The company’s chemical products include hydrocarbon resins, phenolic resins, polyurethane resins and thermoplastic polyurethane resin products. It also manufactures apparels, including men's and women's clothing, bags and sporting wears. The company serves various industries such as industrial and residential materials, adhesives, printing inks, phenolic resins and household goods. It has manufacturing plants in Gumi, Ulsan, Gimcheon, Gyeongsan, Yeosu, Daesan, and Incheon. Kolon is headquartered in Seoul, South Korea.
Headquarters
South Korea
Address
Kolon One&Only Tower, 110, Magokdong-Ro, Gangseo-Gu, Seoul, 07793
Website
www.kolonindustries.com
Telephone
82 2 36773114
No of Employees
3,767
Industry
Chemicals
Ticker Symbol & Exchange
120110 (KRX)
Revenue (2022)
$3.9B
-5.7%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
-76.2%
(2022 vs 2021)
Market Cap*
$806.0M
Net Profit Margin (2022)
XYZ
-74.9%
(2022 vs 2021)
* As of and is in US$
Kolon Industries Inc premium industry data and analytics
Products and Services
| Products | Brands |
|---|---|
| Industrial Materials: | Kolon-Secura |
| Tire Cords | Aliken |
| Airbags | Finon |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Contracts/Agreements | In July, the company signed a memorandum of understanding with the Korea Institute of Geoscience and Mineral Resources to explore and develop space and terrestrial mineral resources. |
| 2023 | Plans/Strategy | In June, the company announced its plans to double the output of its para-aramid products. |
| 2023 | Contracts/Agreements | In May, the company signed a memorandum of understanding with Kolon Global and Paques Biomaterials to develop biodegradable plastic. |
Competitor Comparison
| Key Parameters | Kolon Industries Inc | Eastman Chemical Co | Teijin Ltd | Hyosung Corp | Kukdo Chemical Co Ltd |
|---|---|---|---|---|---|
| Headquarters | South Korea | United States of America | Japan | South Korea | South Korea |
| City | Seoul | Kingsport | Chiyoda-Ku | Seoul | Seoul |
| State/Province | - | Tennessee | Tokyo | - | - |
| No. of Employees | 3,767 | 14,000 | 22,484 | 7,778 | 410 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Yeong bom Kim | Chairman; Chief Executive Officer - Manufacturing Division; President - Manufacturing Division | Executive Board | 2023 | - |
| Seog Jin You | President - FnC Division; Chief Executive Officer - FnC Division; Director | Executive Board | 2021 | - |
| Gwang Bok Yoon | Vice President - Management Support Department; Director | Executive Board | 2020 | - |
| Ok Joung Kim | Director | Non Executive Board | 2022 | - |
| Jae Won Lee | Director | Non Executive Board | 2021 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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