Kumho Petrochemical Co Ltd - Company Profile
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Kumho Petrochemical Co Ltd (KPC), is a processor and manufacturer of synthetic rubber. The company’s product offerings include synthetic rubber, synthetic resins, specialty chemicals, energy, nanocarbon and building materials. The company’s synthetic rubber products are used in tires, shoes, automobile parts, rubber hoses and others. The synthetic resins of the company are used in disposable cups, optical disk case, daily supplies, building materials, electronic parts and others. The company’s specialty chemicals are used in synthetic rubber for tires and synthetic rubber for colouring and synthetic resin. Nanocarbon products are used in high-strength composite material, electro conductive composite materials, heat-resistant composite materials, electrode for secondary batteries and transparent electrodes. Its building materials products were used in balcony windows, inner windows, system windows, school windows, insulator and curtain walls. KPC is headquartered in Seoul, South Korea.
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Products and Services
Products |
---|
Synthetic Rubber: |
Styrene Butadiene Rubber |
Solution Styrene Butadiene Rubber |
XYZ |
XYZ |
XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
Year | Event | Description |
---|---|---|
2024 | Contracts/Agreements | In February, the company entered into a partnership with SK Geo Centric and Tongsuh Petrochemical to create a Bio-monomer Supply Network in the Ulsan Industrial Complex. |
2023 | Contracts/Agreements | In May, the company along with Idemitsu Kosan Co., Ltd and Sumitomo Corporation signed memorandum of understanding to establish a long-term collaboration for the development and further growth of the sustainable polymers and chemicals market in Asia. |
2023 | Acquisitions/Mergers/Takeovers | In February, the company acquired the ISCC PLUS certificate for its four synthetic rubber products. |
Competitor Comparison
Key Parameters | Kumho Petrochemical Co Ltd | BASF SE | LG Chem Ltd | Lotte Chemical Corp | Eastman Chemical Co |
---|---|---|---|---|---|
Headquarters | South Korea | Germany | South Korea | South Korea | United States of America |
City | Seoul | Ludwigshafen Am Rhein | Seoul | Seoul | Kingsport |
State/Province | - | Rheinland-Pfalz | - | - | Tennessee |
No. of Employees | 1,281 | 111,991 | 14,280 | 2,741 | 14,000 |
Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
Name | Position | Board | Since | Age |
---|---|---|---|---|
Jong-Hoon Baek | President; Chief Executive Officer | Executive Board | 2021 | - |
Do Soung Choi | Chairman | Executive Board | 2021 | - |
Young-Do Ko | Director - Management Division; Director | Executive Board | 2021 | - |
Jung Mi Lee | Director | Non Executive Board | 2021 | - |
Lee Seok Hwang | 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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