DAEWON Chemical Co., Ltd. manufactures and supplies polyurethane synthetic leather, wallpapers, and related specialty products primarily to sporting goods companies and other industrial customers in South Korea. The company produces synthetic leather for applications including shoes, gloves, balls, furniture, and grips; make-up blenders under the h.natural brand; masks and filters; back and polishing pads; and di-methyl formamide (DMF) waste refining services; with manufacturing facilities in Osan and Gimhae and international operations in markets such as China and Taiwan. Founded in 1974 and headquartered at Gungdo Building in Seoul's Gangnam-Gu district, DAEWON Chemical operates in the specialty chemicals sector across wallpaper, synthetic leather, and solvent refining segments. As of October 31, 2024, the company functions as a subsidiary of BGFecomaterials CO., LTD. following its acquisition for KRW 72.2 billion, completed after an agreement on September 12, 2024, marking a significant ownership change and integration into a broader portfolio focused on advanced materials.