- CEO
- Jae-Ho Ahn
- Full Time Employees
- 768
- Sector
- Process industries
- Industry
- Pulp & paper
- Address
- 40 Wonsan-ro Ulsan DA South Korea 06178
- IPO Date
- Jul 3, 1996
- Business
- Hankuk Paper Mfg. Co., Ltd. Hankuk Paper Mfg. Co., Ltd. (027970.KS) manufactures and sells a diverse range of paper products primarily in South Korea, with operations extending to China. Founded in 1958 and headquartered in Seoul with its main production facility in Ulsan, the company specializes in printing and writing papers including wood-free paper, special wood-free paper, medium finish coated (MFC) paper, art paper, rough glass paper, and copying paper such as the miilk brand; industrial papers encompassing cast coated board (CCB), coated duplex board with gray back (SC), coated duplex board with white back (Ivory), uncoated duplex board with white back (TM), coated one side gloss (C1S Gloss), coated two side gloss (C2S Gloss), coated two side matte (C2S Matte), uncoated paper, labels, shopping bags, postage stamps, and wall base paper; as well as fancy paper, food functional paper, transfer paper, and specialty papers like stainless steel slip sheet, release paper, memo base paper, wallpaper base paper, special packing paper, and tip paper produced at its Chinese facility with an annual capacity of 70,000 tons. Targeting publishing, printing, packaging, office, and industrial customers, Hankuk Paper Mfg. Co., Ltd. serves domestic markets while exporting products and maintaining a global footprint through its overseas plant acquired in February 2013. In recent developments within the last two years, the company entered a strategic partnership by signing a memorandum of understanding (MoU) with BayWa r.e. in May 2024 for a land deal to develop a 60 MW onshore wind power project in South Korea's Gyeongsangbuk-do province, marking its expansion into renewable energy collaboration; it also operates under its current name following prior involvement in the 2020 acquisition of Seha Corp., enhancing its industrial paper capabilities.