- CEO
- Sang Ryul Lee
- Full Time Employees
- 135
- Sector
- Process industries
- Industry
- Chemicals: agricultural
- Address
- 312, Jungwonsaneop-ro Chungju-si NC South Korea
- IPO Date
- Feb 11, 2019
- Business
- Chunbo Co., Ltd. operates as a South Korea-based company specializing in the development, manufacture, and sale of fine chemical materials primarily for electronic and energy industries. The company’s core products include display application materials such as additives for LCD and OLED panels used in televisions and mobile phones; semiconductor application materials; secondary battery materials including electrolytes and electrolyte additives for lithium-ion batteries; pharmaceutical intermediates; and specialty chemicals like potassium nitrate, lithium nitrate, potassium acetate, potassium sulfate, ammonium chloride, and fluoroethylene carbonate. Chunbo serves domestic and international markets, with significant distribution in South Korea and China. Founded in 2007 and headquartered in Chungju-si, Chungcheongbuk-do Province, South Korea, it maintains operations that span research, production, and supply across multiple chemical and materials segments.
In terms of recent developments, Chunbo has notably expanded its secondary battery materials business by completing a next-generation LiFSI electrolyte plant in 2024, investing approximately KRW 512.5 billion ($440 million) to enhance production capacity for medium and large lithium-ion batteries. This move aligns with the company’s strategic focus on supplying advanced chemicals for electric vehicles that enable longer driving ranges. Among its latest operational shifts, Chunbo BLS, a subsidiary, is intended to boost quality and cost competitiveness through proprietary technology development in battery electrolyte production. Additional recent recognitions include Chunbo Advanced Materials being awarded as an excellent employment company in 2023, reflecting growth in corporate social responsibility and organizational excellence. Chunbo is publicly traded on the Korea Securities Dealers Automated Quotation System (KOSDAQ) since 2019 and continues focusing on innovation across display, semiconductor, and energy materials sectors.
Chunbo’s product portfolio and strategic expansions position it as a key player in supplying high-value specialty chemicals and advanced materials, catering to industries reliant on electronic displays, semiconductors, and energy storage technologies. Its geographic focus spans the domestic South Korean market and significant exports to China and other international markets, supporting growth in the Asia-Pacific region. The company’s industry segments include fine chemical materials, electronic materials, secondary battery materials, pharmaceutical ingredients, and specialty chemicals, reflecting a diversified business model within the broader chemical manufacturing sector. Chunbo leverages ongoing investments in manufacturing capability and technology to maintain competitive advantages in these high-growth sectors.