Kolon Industries Inc: Segment Analysis

Kolon Industries Inc (Kolon) manufactures industrial materials, electronic materials, films, chemical fibers, and textiles. The company has domestic manufacturing plants in Gimcheon, Gyeongsan, Gumi, Ulsan, Yeosu, Daesan, Incheon, and FnC. It also operates plants in China, Indonesia, the US, Germany and Japan.

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.

Kolon is focused on establishing its status as a chemical/materials specialist company by developing advanced materials and their application technologies. The company's research and development headquarters has established technology strategies in five fields: green energy, high-performance industrial materials, film/electronics/display materials, mobility materials, and chemicals. The company is also developing various application technologies along with the development of advanced materials. Since 2018, the company's Future Technology Institute has been promoting the development of new technologies to prepare for future food sources, R&D to expand its business portfolio, and creating synergy between affiliates. The company is also working on discovering new business types and new items including the BIO field to maximize future value, R&D to secure sustainable growth engines, strengthening basic capabilities, and building a global network. The R&D units of Kolon include the parent company's research and development headquarters and the Future Technology Institute. The research and development headquarters are responsible for developing advanced materials and their application technologies, establishing technology strategies in various fields, and strengthening the competitiveness of current businesses. The Future Technology Institute, on the other hand, is responsible for promoting the development of new technologies, expanding the company's business portfolio, and creating synergy between affiliates. In FY2024, the company spent KRW71,476.5 million on R&D, which as a percentage of revenue stood at 1%, and decreased 2.9% YoY.