- Business
- Byucksan Corporation engages primarily in the manufacture and sale of building materials in South Korea. The company offers a comprehensive range of products including ceiling systems such as sound-absorbing mineral wool ceiling tiles; insulation systems comprising glass wool, mineral wool, rock wool, and Isopink for construction, industrial, household, shipbuilding, and agricultural applications; interior systems featuring gypsum and CRC boards; exterior systems with non-asbestos extrusion molding cement panels like Systone, Eztone, and Astex; and flooring systems that provide insulation, fire protection, and noise control. It also produces paints and coatings; household ventilation products and hood devices; kitchen appliances; and develops AI algorithms, while engaging in mechanical equipment construction, import/export of construction materials, real estate development, rental, management, housing construction, and waste recycling. Founded in 1958 and headquartered in Seoul, South Korea, the company, formerly known as Korea Slate Ind., Co., Ltd. until its name change in February 1983, serves commercial, industrial, educational, and residential markets including hotels, hospitals, factories, schools, warehouses, and green building projects with a focus on energy efficiency and fire safety. Recent developments include the implementation of an intelligent warehousing and logistics automation system using unmanned drive-in rack solutions at its Hongseong factory to enhance efficiency in handling heavy building materials, as well as ongoing investments in production capacity expansions such as glass wool and mineral wool lines at facilities including Yeongdong, Iksan, and Yeoju plants to meet demand for nonflammable insulation amid stricter fire safety regulations. In its affiliate structure, Byucksan Power, focused on power facility design and supervision, is undergoing corporate rehabilitation and has selected GNS ENG as the prospective buyer following a competitive bidding process, with a creditors' meeting scheduled to finalize the acquisition.