- CEO
- Woon-Ik Lee
- Full Time Employees
- 1,257
- Sector
- Consumer non-durables
- Industry
- Food: major diversified
- Address
- 31 Jongno 33-gil Seoul SL South Korea 03129
- IPO Date
- Dec 5, 2011
- Business
- Samyang Corporation (145990.KS), a subsidiary of Samyang Holdings Corporation, manufactures and sells engineering plastics, ion-exchange resins, polycarbonate, bisphenol A, high-purity terephthalic acid, and electronic materials including photoresists and organic insulating layers for displays; supplies food ingredients such as allulose, sugar, starch sugar, flour, and edible oils/fats; and provides food service distribution, catering, and restaurant franchising. The company operates production facilities and sales offices in Korea, China including Samyang Engineering Plastics (Shanghai), Europe including Samyang EP Hungary, Japan, the rest of Asia, and the United States. Founded in 1924 and headquartered in Seoul, South Korea, Samyang Corporation focuses on the chemicals and food sectors, serving automotive, electrical/electronics, medical, semiconductor, pharmaceutical, power generation, wastewater treatment, and consumer food markets worldwide. In December 2023, parent company Samyang Holdings acquired U.S.-based Verdant Specialty Solutions for approximately USD 250 million to bolster its specialty chemicals portfolio in surfactants for personal care and industrial applications, aligning with the group's Vision 2025 strategy targeting KRW 6 trillion in annual revenue through global expansion and specialty business growth.