- Business
- Korea Petrochemical Ind. Co., Ltd. manufactures and sells petrochemical products, including olefins such as ethylene and propylene; aromatics including benzene, toluene, xylene, mixed hexane, C9+, and H-RPG+; ethylene oxide/ethylene glycol products comprising monoethylene glycol, diethylene glycol, triethylene glycol, polyethylene glycol, and ethylene oxide; polypropylene used in injection molding, yarn, film, fiber, pipe, sheet, wire and cable, and lithium-ion battery separator applications; and high-density polyethylene applied in injection, blow molding, yarn, film, pipe, wire and cable, steel pipe coating, adhesives, ultra-high molecular weight polyethylene, and lithium-ion battery separators. Founded in 1970 and headquartered at Yoonam Bldg, 77 Jahamun-ro, Jongno-gu, Seoul, South Korea, the company operates production facilities at petrochemical complexes in Ulsan and Onsan, serving domestic and international markets in Asia, Oceania, South and Central America with exports focused on industrial, consumer, automotive, packaging, construction, and energy sectors. KPIC maintains subsidiaries including Odfjell Terminal Korea Co., Ltd., Korea Air-tech Co., Ltd., KPICC, and KPIC Dawn Polymer (Shanghai), and listed on the Korea Stock Exchange since 1999. In recent developments amid South Korea's 2025 petrochemical sector restructuring plan addressing oversupply and weak demand, the company sustains operations while pursuing sustainable growth through core business reinforcement and new growth engines; sales reached 2,800 billion KRW for the year ended December 31, 2024.