Samyang Corporation

31 Jong-ro 33 gil, Jongno-Gu

http://www.samyangcorp.com

+82 2 7407114

Samyang Group launched a holding company system in November 2011 to separate the manufacturing division and the investment division. These divisions enhance the transparency of corporate governance and corporate value. The holdings company, Samyang Holdings, has Samyang Corporation and other companies as subsidiaries. Samyang Holdings focuses its capabilities on specialist business areas by establishing a governance structure that enables a speedy and professional decision making, based on each business group's characteristics and by boosting its competitiveness Since 1924, when Chairman Kim Yeon-su established Samyang Corporation to reward Korea by fostering industries, the Samyang Group has continuously solidified its operation through the philosophies of middle-of-the-road principled management and trust management. Samyang completed Ulsan's first modern factory, a sugar manufacturing plant, in 1955, and a polyester fiber plant in Jeonju in 1969, thereby contributing greatly to Korean nationals supply of clothes and food. Thereafter, Samyang expanded into the chemical, food, medical, industrial material, PET bottle and trade businesses. Embracing its vision of becoming a company of "Ingredients that Add Value to Life", Samyang is growing in the chemical, food, medicine, and new business fields. Under the scheme, Samyang will continue its growth in the three key fields of chemicals, food, and medicine through the strategy of selection and concentration. Also, Samyang will secure market leadership through innovation and will foster new businesses as its new growth engines.