- Full Time Employees
- 525
- Sector
- Consumer non-durables
- Industry
- Food: specialty/candy
- Address
- Yangsan-si South Korea
- IPO Date
- Oct 12, 1993
- Business
- MSC Co., Ltd. is a South Korea-based fine food ingredients and food additives manufacturer primarily engaged in the research, development, production, and distribution of natural hydrocolloids, food additives, savory seasonings, beverage bases, and functional dietary materials. Founded in 1974 as Myeong Shin Chemical Ind. Co., Ltd. and adopting its current name in December 1997, the company is headquartered in Yangsan-si, Gyeongsangnam-do, South Korea, and is publicly traded on the KOSDAQ market of the Korea Exchange under the ticker symbol 009780. The company operates across multiple integrated business divisions and maintains an extensive product portfolio that comprises hydrocolloids and gelling systems, including refined, semi-refined, and customized blend carrageenan formulations (Kappa, Iota, Lambda, and hybrid gums), agar-agar, and specialized natural gums used for texture modification, stabilization, gelling, and emulsification across dairy, processed meat, confectionery, pharmaceutical, and cosmetic applications; natural food colorants and botanical pigments; savory seasonings, compound seasoning powders, culinary sauces, natural spices, oleoresins, herbal and cereal extracts, and savory flavor bases utilized in instant noodles, soups, snacks, and meat processing; concentrated fruit and vegetable juices, functional beverage formulations, and health-functional food ingredients; contract manufacturing, OEM, and ODM packaging services utilizing automated polyethylene terephthalate (PET) bottling, cheer pack, and spout-pouch filling lines; and agricultural bio-fertilizers derived from marine byproduct processing. The company supplies prominent domestic food and beverage manufacturers, including CJ CheilJedang, Nongshim, Samyang Foods, and Lotte, while expanding export operations across the Asia-Pacific region, the Americas, and Europe. MSC Co., Ltd. operates specialized subsidiaries and affiliated entities, including Miryang Agar-Agar, dedicated to industrial and edible agar-agar processing, and Zenfood, focusing on portion-control packaging and processed food manufacturing. In recent corporate developments, MSC Co., Ltd. initiated a major capital expenditure program totaling approximately KRW 145.7 billion to construct a new third production facility in Yangsan with completion targeted for September 2028. This strategic expansion is designed to scale up manufacturing capacity in response to accelerating global export demand for Korean food products, particularly ramen seasonings and convenience food ingredients, while incorporating advanced ethanol extraction, freeze-drying facilities, flavor synthesis technologies, and next-generation processing lines for health-functional food materials and bio-ingredients.