Samyang Brochure - Advanced Polymers

www.samyang.com
Life’s Ingredients
01 Prologue
06 Message from the CEO
08 Vision
10 Value
12 History
14 Business Categories
16 Chemicals
24 Foodstuffs
30 Pharmaceuticals
36 Related Business
44 Research & Development
48 Social Contributions / Human Resources Development
52 Global Network
54 Epilogue
Prologue
Samyang is serving up a menu of abundance and convenience, and you are welcome to partake.
Savor four distinct courses to spice up your life and energize your future. Samyang products
are consumed every day in countless ways seen and unseen, enriching possibilities for all.
Samyang is making life better for you.
Message from the CEO
6
Samyang was established in 1924 as a Korean corporate pioneer ready to take on all challenges.
More than eight decades later, we have taken on a new look as we near the century mark. Samyang
is a company of “Ingredients that Add Value to Life”
We have established four main strategic business areas-Chemicals, Foodstuffs, Pharmaceuticals
and New Businesses-as we diversify and upgrade our corporate structure. We are also globalizing
operations and expect to be an important global player.
We will increase sales of our existing business lines while improving profitability and aggressively
pursuing new businesses startups and overseas expansion. In the process we will achieve growth
and boost our competitiveness simultaneously. Moreover, we will continue to bolster R&D
capabilities, develop new technologies and products, and innovate processes. Our organizational
competencies are also being improved through bold investment in attracting and cultivating
topnotch talent.
In the future, constant change and innovation will allow us to provide customers and shareholders
with maximum value and make us a major global player. We invite you to take part.
Respectfully,
Yoon Kim
Chairman & CEO
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Vision
8
All Samyang strategies and policies are directed at realizing the corporate
vision: We serve ingredients that add value to life. The mainstay growth engines
for Samyang are grouped as chemicals, foodstuffs, pharmaceuticals and new
businesses. The core competencies of R&D and technology expertise are being
leveraged to diversify, upgrade and globalize these key growth areas.
At the same time, the corporate culture continues to advance. A customercentered approach is being applied to earn trust. Samyang is also recruiting
and training talented people, who are evaluated fairly and compensated
according to performance results.
The spirit of challenge and innovation is a platform for constant improvement. Samyang continues to grow as a rewarding place to work and to develop
the best products and services to satisfy customers. At the same time, the
Group is now going global to provide shareholders with ever better returns on
investment.
2010 Samyang Vision
Chemicals
The existing chemical and industrial material lines will
be steadily diversified as Samyang advances into
applied areas with added value.
Foodstuffs
Build and maintain industry leadership position in food
ingredients portfolio solutions for the food processing
industry.
Pharmaceuticals
Pharmaceuticals and medical devices will be the
platform for growth as a global pharmaceutical maker.
New
Businesses
The group is advancing into high-growth, value-added
areas that are technology intensive such as materials
for advanced information and electronics products.
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Value
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Trust
Samyang employees respect one another, operate with transparency and contribute to local communities, earning the trust of
customers and the general public.
Challenge
Confident, proud and enterprising, Samyang people are willing to
embark on challenging new businesses with the determination to
succeed.
Innovation
Productive critical thinking and constant improvement activities
allow Samyang to secure the product and service competitiveness
to lead markets.
Talent
Competitiveness starts with people, and Samyang is constantly
recruiting and training top talent. Employees are encouraged to
develop themselves constantly and grow with the company.
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History
192
4
12
1955
1976
2010
1990s
Feb. 1992
Rewarding Workplace Grand Prize received
(from Korea Employers Federation).
Aug. 1993
Samyang Group R&D Center opened.
Apr. 1995
Samyang Data Systems established.
1970s
Dec. 1975
Feed business begun (with completion of
Mokpo feed plant).
Apr. 1976
Corporate Headquarters Bldg. completed
in Yeonji-dong, Seoul.
Nov. 1995
PET bottle recycling business begun
(with completion of Sihwa plant).
Dec. 1996
Pharmaceutical business begun
(with completion of Daedeok KGMP
pharmaceutical plant).
Dec. 1976
Ion exchange resin business begun.
Aug. 1977
1920s
Oct. 1924
Founded under the name Samsu Company,
established Jangseong Farm.
Icheon Heavy Machinery acquired
(renamed Samyang Heavy Machinery in 1979).
Apr. 1979
Samyang R&D Center opened.
2000s
Nov. 2000
Huvis Corp. established in a merger.
Jan. 2002
Family food brand ‘Q.one’ developed.
May 2002
Samyang Research Corp. established in USA.
1930s
1980s
Apr. 1931
Dec. 1984
Company renamed Samyang Corporation.
Sun hill Glucose acquired
(renamed Samyang Genex in 1995).
Jun. 1939
Yang Young Hoe, Korea’s first private
scholarship foundation founded
(renamed Yang Young Foundation in 2003).
South Manchurian Spinning Company, the
first foreign production subsidiary by
a Korean company, established.
1950s
Dec. 1955
Food business begun (with completion of
Ulsan sugar refining plant).
Jan. 1956
‘Samyang Sugar’ put on market.
Jan. 1988
PET bottle business begun
(with completion of Daejeon plant).
Samnam Petrochemical established.
Apr. 1988
Shinhan Flour Mills acquired
(renamed Samyang Milmax in 2004).
Mar. 1989
Samyang Kasei established.
May 2004
Samyang Engineering Plastics (Shanghai)
established in China.
Aug. 2004
Heinz Korea (processed edible oils)
acquired (renamed Samyang Welfood).
Oct. 2004
New CI launched.
Sept. 2005
Korea Financial Management Grand Prize
received.
Nov. 2005
ADMS Technology acquired
(renamed Samyang EMS).
Dec. 2005
Samyang Genex Food (Qinhuangdao)
established in China.
Jun. 2006
1960s
Oct. 1968
Sudang Scholarship Foundation established
(renamed Sudang Foundation in 2003).
Seven Springs acquired.
Jul. 2006
Samyang F&D (Food&Dining) established.
Dec. 1969
Chemical fiber business begun
(with completion of Jeonju polyester fiber
plant).
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Business Categories
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Chemicals
Food
stuffs
Samyang
Corporation
Engineering
plastics
Samnam
Petrochemical
TPA
Samyang
Kasei
Polycarbonate
Samyang
Engineering
Plastics
(Shanghai)
Engineering
plastics
Samyang
EMS
Photoresist
Samyang
Corporation
Industrial
fiber
PET bottles
Sugar
Flour
Vegetable
oils
Samyang
Genex
Starch
Corn
sweeteners
Polyols
Samyang
Milmax
Flour
Baking &
Batter mixes
Samyang
Welfood
Margarine &
shortening
Vegetable
oils
Seven Springs
Family
restaurant
Samyang
F&D
′
Bakery Cafe
PET bottle
recycling
Ion exchange
resins
Baking &
Margarine &
Batter mixes Shortening
Olive oil
Bakery
High intensity
ingredients
sweetener
Functional
food
ingredients
Samyang
Genex
Corn
Food
sweeteners
(Qinhuangdao)
Pharmaceu
-ticals
Related
Businesses
Samyang
Corporation
Patches
Samyang
Genex
Anti-cancers
drugs
Samyang
Corporation
Mixed feeds
Samyang
Data
Systems
Information
technology
Samyang
Heavy
Machinery
Machinery
Medical
devices
Anti-cancers
drugs
Trading
Environment
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Chemicals
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Samyang makes essential materials for a broad range of industrial
sectors, including electric and electronic material, automobiles,
textiles, environmental engineering, foods and agriculture.
Samyang’s chemical operations are developing special purpose
products and alternative materials to ensure that life in the future to
be convenient and plentiful. Areas of endeavor include engineering
plastics, industrial fibers, PET bottles, PET bottle recycling, ion
exchange resins, TPA, and electronic materials.
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18
Samyang Corporation Foundation for Industrial
Expansion, Power for Industrial Development
Engineering Plastics Do you know that plastics are used
to make parts for automobiles, high-tech electronic
products and precision machinery? The main product
line of the Samyang Corporation’s Chemical Division is
engineering plastics, which outperform ordinary plastics
and which are being used in an increasing range of
applications.
Engineering Plastics can be stronger than metal and
as clear as glass; the possibilities for the engineering
plastics produced by Samyang Corporation are endless.
Their superior transparency, durability and mechanical
properties are being put to use in an ever-expanding
range of applications, from electric and electronic
products, automotive parts and machinery parts to
advanced optics.
Samyang Corporation is applying proprietary polymer
and chemical technologies to produce polycarbonate
(PC), polybutylene terephthalate (PBT), polyethylene
terephthalate (PET) compounds as well as the more
recently developed thermoplastic elastomer (TPE).
Ongoing research is conducted to develop a wide variety
of grades and optimal product designs to suit individual
customer requirements. The company is also committed
to constantly upgrading the quality of products and
services.
Polycarbonate, with its excellent transparency, heat
resistance and mechanical properties, can be used in a
wide range of applications that include electric and
electronic product parts as well as supplies for the
medical industry. Samyang Corporation sells about
55,000 tons of PC each year, produced by Samyang Kasei.
It is recognized world wide for its excellent quality and
technological sophistication.
Polybutylene terephthalate boasts outstanding heat
resistance, chemical resistance, and mechanical
properties. PBT crystallizes rapidly and offers superb
moldability, making it well suited for use in parts for
electric and electronic products and automobiles.
Samyang Corporation produces 5,000 tons of PBT a year
in diverse grades, depending on added properties such as
impact reinforcement, flame retardance and strength
reinforcement. This diverse product lineup has been
certified by UL, AMECA, TUV and other leading agencies,
which proves our world-class technology.
In addition to researching, developing and producing
engineering plastics, Samyang provides technology
training on the subject. The in-house Plastics Academy is
designed to enhance understanding of the related technologies and develop proficiencies to accommodate
customer requirements. Customers may also attend this
training to obtain all the product information that they
need.
From the long-term perspective, engineering plastics
will remain a core material for automobiles, electric and
electronic products and information devices. With an eye
on the Chinese compound market, the company will
provide solutions through partnerships. The business
structure is being enhanced for greater added value and
profitability; the product line continues to be upgraded
and the production capacity of China operations is steadily expanding. The goal is to grow as a maker of worldclass specialty materials.
Samyang Engineering Plastics (Shanghai) was established in 2004 and has an annual capacity to produce
10,000 tons of PC and PBT compound for sale locally.
The engineering plastics produced here offer the
necessary heat resistance, wear resistance, and flame
retardance to make electric and electronic, automotive
and office machine parts. Samyang Engineering Plastics
(Shanghai) is helping to take Korean technologies into the
global marketplace, and the output capacity will be
expanded as Chinese demand grows. At the same time,
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strategic relationships with domestic Korean operations
are helping to turn Samyang into a global corporation
that maintains close affiliations with local customers.
Samyang Industrial Fiber The term ‘fiber’ is normally
associated with garments, but industrial fiber applications promise greater added value than apparel applications do. Thus, Samyang Corporation has been pioneering the industrial fiber business, and demand in
advanced markets has already outstripped that for
apparel fiber. Demand is also diversifying in Korea and
world-wide with the steady development of new
industrial applications.
High-tenacity yarn, Triron, is one of the most important products in Samyang’s industrial fiber portfolio. It is
used where greater strength is needed than apparel fiber
can provide; major applications include wide woven
fabric, tarpaulin, narrow woven fabric, seatbelts, rope,
conveyor belts, tire cord fabrics and civil engineering
fabrics. The main grade for Samyang Corporation is 1,000
denier, while the portfolio includes twisted and untwisted
yarns in sizes ranging from 250 to 5,000 denier. The
company boasts the highest quality high-tenacity yarn
made in Korea.
Using high-tenacity yarn as the base material,
Samyang Corporation has developed new reinforcement
material for civil engineering applications. Sold under the
�
brand Trigrid , this geotextile boasts excellent utility,
stability, economy, and creep strength, making it well
�
suited for diverse construction site applications. Trigrid
was the first product in the Industrial Fiber category to
receive the R-Mark for reliability from the Korean
Ministry of Commerce, Industry & Energy. It has also
passed the Geosynthetic Institute’s Product Certification
Program (GCI-PCP) in the US.
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Trigrid is used in reinforced earth retaining walls,
slope reinforcement, paved road reinforcement, and
soft ground reinforcement. The product is now found at
numerous construction sites inside and outside Korea.
Monofilament is one of the many industrial fibers that
are used in applications found in everyday life. This
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or larger
filament yarn features individual strands 0.1
in diameter, and it is used in zippers, dryer canvas, and
industrial-use filters. Samyang Corporation supplies
to 1.2
monofilament in diameters ranging from 0.2
to accommodate diverse customer requirements. The
monofilament grade for dryer canvas requires a
particularly high technology and quality, and Samyang
has developed its own version of this value-added
product.
The growth potential for Spunbond (nonwoven fabric
made from Polyproplyene Resin) is enormous as new
uses continue to be developed. Spunbond has outstanding touch and hydrophilic, making the fabric well
suited for disposable diapers and anti-static gowns.
The excellent thermal insulation and elasticity are why
spunbond is now a popular material for mattress and
cushion covers. In agriculture and landscaping, spunbond
can be used to eliminate weeds or prepare rice seedbeds,
as the fabric expels dampness and retains heat.
PET Bottles Another mainstay product line of the
Samyang Corporation Chemical Division is PET bottles,
which are increasingly used to replace glass bottles,
aluminum cans and various other types of plastic
containers. As such, demand for PET bottles continues to
grow with each passing year. The company entered the
PET bottle business in 1986 and now produces various
types on 12 automated production lines, located in
Daejeon and Pyeongchang. The PET containers made by
the company are very stable, gas tight, transparent and
lightweight, making them popular in the domestic and
Japanese markets.
Samyang Corporation continues to develop new
designs, technologies and materials to satisfy diverse
customer needs. The various PET bottles now available
include a heat resistant type for fruit juice and fruit
drinks, a specially constructed pressure-resistant type
for carbonated beverages, and a normal pressure type
for water and distilled liquor. The company is also
expanding into the non-beverage container segment and
employing a differentiation strategy to increase the
product portfolio. These efforts are generating new
revenue and keeping Samyang Corporation at the top
of Korea’s PET container business.
processing 12,000 tons (250 million PET bottles) of
material a year. State-of-the-art recycling technology is
also being applied to lower the impurity content and
produce recycled PET with excellent physical properties.
The high quality of this material is recognized globally.
Samyang Corporation remains Korea’s only company
to not only produce and distribute PET bottles but also to
complete the lifecycle by recycling the waste products.
Moreover, students, housewives and members of local
government organizations are invited to tour the
PET bottle recycling facility and come to realize the
importance of environmental preservation. Samyang
Corporation’s efforts to solve the environmental problem
posed by waste PET bottles and to take the lead in
Korea’s PET bottle recycling area have earned the
company the Choson Ilbo Environmental Grand Prize
and the Seoul Municipal Government Environmental
Award.
Ion Exchange Resins Samyang Corporation began
producing Korea’s first ion exchange resins in 1977.
The company is now applying its extensive production
technology base to develop specialty resins and functional materials. Samyang has also acquired design
technology for ion exchange facilities and is now
designing production equipment, as well as providing
process engineering support and technical consulting
services.
Originally, the use of ion exchange resins was limited
to desalination in primary water treatment processes.
More recently, however, their functions have been
expanded to separation, purification, bleaching and
catalysts in such diverse industries as foods, pharmaceuticals, specialty chemicals, semiconductors, and
nuclear power.
PET Bottle Recycling As a PET bottle producer, Samyang
Corporation has been well aware of the environmental
problems associated with waste PET bottles. Therefore,
the company established Korea’s first PET bottle
recycling center at the Shiwha Plant, capable of
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Samnam Petrochemical
TPA Specialist with 1.7M-ton Annual Capacity
Samnam Petrochemical produces terephthalic acid (TPA)
from the feedstock paraxylene and received an award
from the government for exporting US$1 billion worth of
product in 2005. The company’s plant at Yeosu has an
annual output capacity of 1.7 million tons, making it the
world’s largest single TPA production facility.
Importantly, the product is qualified terephthalic acid
(QTA) grade, which is high quality and highly price
competitive. Customers can improve there own price
competitiveness as a result, thereby raising corporate
value.
TPA is used as the main base material for polyester
fiber, resin, film, paints and engineering plastics.
Boasting excellent heat resistance, wear resistance, and
insulation properties, applications are also expanding
into various types of bottles, electric/electronic product
parts, industrial materials, construction materials, and
machinery parts.
Strict and thorough quality control ensures that
Samnam Petrochemical consistently delivers high quality
TPA. An automated system first analyzes the product as it
is being made at the plant. Then, the product is subjected
to a rigorous quality assurance before it can be shipped
to customers.
A Total Productive Maintenance program is in place
that makes product quality, environmental protection and
worker safety the top priority. Samnam Petrochemical
has received the Company Award for TPM Excellence and
the Facility Maintenance Best Practice Award and has
been certified for ISO9000, ISO14001, OHSAS18001 and
PSM/SMS. All employees participate in TPM activities
to improve overall operational efficiency, lower
production costs, and protect workers and the environment, thereby raising competitiveness and satisfying the demands of customers and the local community.
An independently managed environmental protection
system has been adopted to confirm that Samnam
Petrochemical is living up to responsibilities, and the
company strictly adheres to environment-friendly
operational guidelines.
In 1999, Samnam Petrochemical joined the Korea
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Responsible Care Council (KRCC) as part of a commitment to fulfill social obligations. The company is
also active in the local community. Employees are
mobilized to clean up local rivers, mountains and
coastlines regularly, and they donate money to a
scholarship fund for middle and high school students.
The company and its employees also contributed funds
to build a children’s environmental library in the Yeosu
area.
Samnam Petrochemical is expanding outside Korea
and now exports half of its total output to China. Technology exchanges are also being carried out with plants
operating in Japan, Indonesia and India to bolster
technical competencies.
Samyang Kasei
The total Polycarbonate Solution
Samyang Kasei was the first company in Korea to
produce polycarbonate. The plant at Jeonju, Korea is
capable of turning out 110,000 tons of PC a year in over
200 different grades to meet diverse customer needs.
Polycarbonate, which is transparent, resists heat and
has excellent mechanical properties, is one of the five
most used engineering plastics. This new material is now
important in the medical, electronics and automotive
industries. A light transmittance of over 90% makes PC
a popular choice for protective covers over lights. PC
withstands impacts ten times better than regular PET
and is fifteen times stronger than nylon.
Polycarbonate is frequently used to make the
casings, wiring boards and illumination devices found in
computers, flat-screen TVs, VCRs and other electric /
electronic products as well as panels, bumpers, head-
driving demand for polycarbonate as well. Samyang
Kasei is emerging as a top player in the PC segment by
investing heavily to develop new grades and maintain
thorough quality assurance.
Samyang EMS
A Leader in the Field of Electronic Materials
Samyang EMS is a comprehensive high technology
company that produces and supplies high quality
materials for the digital era. The company has extensive
experiences in material design and manufacturing in
liquid crystal display(LCD) and in the field of information
technology devices(ITD), and has high technologies in
polymer chemistry, molecular synthesis, coating,
formulation, purification and design of photo-technology
based materials.
The company has accumulated technologies in
advanced electronic materials with its experienced
members, and based on these technologies, the company
develops and provides advanced materials such as
Column Spacer, Overcoat, thin film transistor(TFT)
Photoresist, and Organic Insulator to meet its customers’
needs.
lamp lenses and heater fans for automobiles. PC
applications are also expanding into precision parts for
cameras and watches, windows, baby bottles, helmets,
goggles, stationery items and other daily life items. The
CD and DVD discs that people enjoy when relaxing at
home are also made of polycarbonate.
The Samyang Kasei plant is equipped to produce
multiple grades of PC in small lots in order to respond to
specific customer requirements. Stability is very important during manufacture, and production processes are
monitored constantly, enabling the company to respond
immediately to any emergency. After production, the
PC must pass strict quality control before packing and
shipment.
Increasing global demand for automobiles is steadily
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Samyang supplies sugar, flour, baking mixes, vegetable oils,
margarine, shortening, and other essential ingredients for delicious
everyday meals. Through creative and customer-oriented mind, we
deliver the most special satisfaction to the customers.
Samyang is always with customers offering youthful exuberance
and freshness.
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Foodstuffs
25
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Samyang Corporation Keeping You Young and
Energetic 365 Days a Year
The name ‘Samyang’ is synonymous with sugar in Korea.
Samyang Corporation has led the domestic sugar
refining business from its earliest days and still today
is cultivating food business into a promising future
industry by promoting the young ‘Q.one’ brand. Foods
Business Unit of Samyang offers consumers various new
lifestyle options. Samyang remains close to customers
with its essential food products: cooking essentials such
as sugar, flour, baking mixes, vegetable oils, highly
intensive sweeteners.
Consumers typically believe that all sugar products
are the same in quality, but Q.one brand sugar is
changing such misperception. Home-use sugar is
available in a handy and convenient zipper-lock bag,
*Q.one: Young lifestyle
brand for healthy and
enjoyable life
Q.one is the family brand of food category in Samyang
group for young women who are valuing healthy and
enjoyable life. Its brand name means ‘quality number
one’ and the shape and the color of the symbol are
designed from a ‘red apple’, suggesting a new food
culture and expressing a freshness and dynamism.
while the fancy sugar is packaged in sophisticated colors
and designs.
Samyang has also introduced premium flour and
baking mix products that stand out among the competition. The flour product line now covers both the
home-use and commercial markets. The convenient
baking mixes for home-use are very popular among
the consumers by meeting the need of healthier food.
Vegetable oil products of the Q.one brand are also
very well recognized with their top quality in Korea.
We use the freshest and nutrition-rich ingredients to
make Q.one soybean cooking oil and Q.one corn oil
from 100% corn germ. Clean and light flavors are loved
nationwide.
Carapelli olive oil and grape seed oil are manufactured with the selective ingredients under very
strict quality control system. Carapelli, one of Italy’s
premiere brands with the history over 110 years, has an
international brand power.
Q.one margarine and shortening are widely used in
all kinds of bakery and frying products. The product
selection does not end up with margarine, shortening,
vegetable oil.
Q.one cooking syrup and Q.one corn syrup can easily
sweeten various meat and vegetable dishes. Sucralose
and acesulfame potassium are no-calorie sweeteners
of very high quality that can be used in a wide variety
of foods.
Samyang will be a total bakery solution supplier to
give every facility for customers extending to secondary
items such as butter, whipping cream, cream cheese,
chocolate, yeast, canned foods, mayonnaise and other
ingredients for bread and cakes, on the back of basic
items such as sugar, flour, baking mixes, vegetable oils.
Samyang entered into the food-service business in
2008. The food-service Business will be a potential category section of Samyang’s Future.
Our key customer is group feeding company, catering, International chained restaurant and casual dining
restaurant, quick service restaurant, etc. In order to provide customer's convenient and a benefit, We are trying
to support customized products and stable distribution
network including a cold chain system.
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Samyang Genex
Tasty Science, Delicious Technologies
Samyang Genex, was established in 1964 and has
steadily expanded its portfolio of essential materials
and ingredients for the food, paper, pharmaceuticals,
fiber, and cosmetics industries. The company was the
first Korea starch maker to operate Food & Bio Research
Center, which is dedicated to the development of
various new products and high quality. Facility certifications include BGMP, ISO9001, ISO14001 and HACCP.
Samyang Genex starches are made with the most
advanced technologies and know-how in Korea and
boast outstanding quality. The product portfolio includes
modified starches for pastries, bread and processed
foods as well as modified starches for industrial
applications such as paper, fiber, construction and
cosmetics. The company also makes the corn starch
byproducts gluten meal, gluten feed and corn germ.
Corn sweeteners are essential, special-purpose
ingredients for the processed food industry. Samyang
Genex is leading this market segment with top quality
crystalline dextrose anhydrous, liquid dextrose,
maltodextrin and poly-dextrose.
Samyang Genex also makes sorbitol, maltitol, and
polyglycitol syrup, which are low-calorie polyol substitutes that do not cause tooth decay. Sorbitol is used in
toothpaste and other oral hygiene products as well as
gum and pre-made foods, while maltitol is an ingredient
found in sugarless candy and low-calorie processed
foods. Both sweeteners are popular with people looking
for healthier choices in the foods they consume.
Fructo-oligosaccharides are made from sugar and
can then be further processed into such variations as
galacto-oligosaccharides, isomalto-oligosaccharides,
and malto-oligosaccharides. These substances are
gaining popularity in the industry because when they
are consumed, the undigested portion serves as food
for propagating Bifidobacteria and other bacteria
species that promote intestinal health.
Samyang Genex’ food ingredients and additives
are widely recognized for quality. The company is
importing its products from Roquette (France); ADM (US);
Hayasibara, Meiji Confectionery and Toyo Sugar Refining
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Co. (Japan); BASF (Germany) and Thermphos (UK), contributing to food product upgrades worldwide.
Samyang Milmax
A Rich Landscape of Baking Possibilities
The wonderful aroma of baking bread in the home and
piping hot bread and cookies straight from the oven are
some of life’s special pleasures. Now, Korean homemakers are getting the job more quickly and easily with
nutritious baking products from Samyang Milmax.
Superior quality consistency makes Q.one brand flour
and baking mixes the preferred choice among home and
industrial bakers of breads and pastries. Samyang
Milmax operates the latest fully-automatic production
system and applies state-of-the-art flour milling
technologies to provide a variety that can satisfy every
need. Flour products fortified with vitamin B and folic
acid-nutrients that can be easily degraded during
processes-are especially good for expecting mothers
and growing children.
Besides the usual bread flour, all-purpose flour and
cake flour, Samyang Milmax makes various noodle flours
that appeal to Asian consumers. Premium products are
also available with green tea added to satisfy discriminating customers.
The Q.one brand includes over 50 different baking
and batter mixes, optimally formulated for easy preparation. Thus, consumers have a full range of choices to
Seven Springs
Family Restaurant for the Health-conscious
suit individual preferences and tastes. Muffin mixes,
bread mixes and cake mixes enable the baker to produce
wonderful results in the kitchen.
Samyang Welfood
For Rich Tastes and Healthy Diets
Samyang Welfood makes vegetable oils for the consumer
market as well as oils and other ingredients for the food
processing industry. The company’s products can be
found in the cakes that delight children, the chocolates
couples exchange to express their affection and the delicious puddings and pies that top off a wonderful meal.
The professionals in the food processing industry are
well acquainted with the high-quality, special-purpose
items from Samyang Welfood. Especially, Samyang’s I.E
(Interesterification) equipment has made it possible to
produce margarine and shortening trans fat free.
The product selection does not stop with margarine,
shortening, vegetable oil, processed butter, Europeanstyle chocolate, yeast, canned foods, mayonnaise and
other ingredients for bread and pastries. The company
also processes high quality cream for the food industry
and continues to develop new kinds of natural ingredients
that enhance the special functions of bread and pastries.
Seven Springs is a salad and grill restaurant designed for
comfort and leisure enjoyment. A key feature is the buffet salad bar with over seventy different fresh and lowcalorie foods to choose from. The name was inspired by
the Greek term heptapagon(“Seven Springs”) to express
seven goods: dedication, sharing, abundance, healthfulness, happiness, life and love. In this spirit, the restaurant emphasizes freshness and healthy lifestyles for
today's family.
The“open kitchen” allows customers to directly
observe the chefs at work, and the services are second
to none. Seven Springs already operates in about 10
locations around the country, and the network will be
expanded to over twenty
locations by 2009, in order to
reach an ever wider customer base.
Samyang F&D (Food & Dining)
� for Modern Lifestyle
Bakery Cafes
�paved the way for Samyang
The Mix & Bake Bakery Cafe
to enter the restaurant business, and now Samyang per�
sues the leader of the quick and casual Bakery Cafe
� targets people who
segment. Mix & Bake Bakery Cafe
want to have unique and simple menu items include
cakes, sandwiches, breads, salads, beverages and such
quality deli items as Pasta and Pizza, Rice.
� serves as
In addition, the Mix & Bake Bakery Cafe
the central kitchen of Mix & Bake while supporting
Samyang’s bakery vendor business. Samyang Food &
Dining will grow steadily by pursuing a distinctive
brand strategy to expand the menu and target customers, develop new business models, and develop the
franchise business.
29
Pharmaceuticals
30
Samyang is applying know-how acquired in the drug delivery
system business as well as next-generation biopolymer technology
to grow into a world-class pharmaceutical provider. The Group is
also partnering with companies with sophisticated drug delivery
technologies. Joint investment and joint research projects are
advancing Samyang as a research organization, and continues to
build its global research network.
31
32
Samyang Corporation
Korea’s Transdermal Market Pioneer
Patches The advent of transdermal drug delivery
patches is dispelling the notion that treating ailments
necessarily involves the taking of oral drugs. Skin
patches offer many benefits as well. For example, the
rate of drug release and skin permeation can be
controlled to maintain prolonged efficacy. Samyang
Corporation is now breaking new ground in the Korean
pharmaceutical market by developing various transdermal patch products for helping people to quit
smoking, relieving arthritis symptoms, treating
menopause syndrome, and preventing angina and
controlling cancer related pain.
Nicostop, the first nicotine patch introduced in Korea,
is designed to curb the symptoms of nicotine withdrawal
such as anxiety, poor concentration, nervousness, and
headaches. It helps smokers to phase themselves out of
the nicotine habit naturally.
Nicostop represents some of Samyang’s most
advanced technologies. The patch is very thin, feels
comfortable on the skin and is highly effective. This
product is recommended by the Korea Association of
Smoking & Health, and its effectiveness is endorsed
by the many users who have successfully quit smoking.
Rheumastop is a special patch for alleviating pain
and inflammation caused by arthritis, sprains and other
joint ailments.
The Rheumastop patch is applied directly on the
affected joint, allowing the active ingredient diclofenac
diethylammonium to penetrate deeply and be delivered
to the snynovial fluid. The swelling and pain are thus
greatly reduced. Diclofenac is the most frequently
prescribed medicine for arthritic pain worldwide, and
now patients do not have to endure the inconvenience
and side effecs associated with oral preparations. The
patch is also effective for relieving tendon sheath
inflammation, muscle aches, and many other maladies.
Rheumastop patches wear very well even on body parts
that bend and do not interfere with skin respiration.
Therefore, Rheumastop is suitable for extended application to inflamed joints.
When women reach menopause, their ovary functions decline rapidly and estrogen deficiency symptoms
appear such as facial skin disorders, osteoporosis and
sleep disturbances. Combitran, developed by Samyang
Corporation, delivers a combination of estradiol (an
estrogen) and norethindrone, which
helps to prevent endometrial hyperplasia(an overgrowth of the uteral
lining). A woman can safely treat postmenopausal symptoms by simply
wearing a patch.
Estran is another female hormone
patch that is indicated as hormone
replacement therapy for female
patients who have undergone ovariectomy and as a result of lack of estrogen face severe
psychological and physical side effects.
Angiderm is a patch that is worn to help prevent
angina pectoris, chest pain that occurs when the heart
muscle does not receive sufficient blood. A matrix
structure is used to make the patch transparent as
well as both thinner and smaller than other transdermal products. Adhesion to the skin is excellent, so
the patch will stay on even while the patient is showering or swimming. There are virtually no side effects
such as skin rash. All these advantages are making
Angiderm an attractive new alternative for treating
angina pectoris.
�
Genexol Injection Paclitaxel is an antimicrotubule
agent that promotes the assembly of microtubules from
tubulin dimers and stabilizes microtubules by pre-
33
34
venting depolymerization. This stability results in the
inhibition of the normal dynamic reorganization of the
microtubule network that is essential for vital interphase
and mitotic cellular functions. In addition, paclitaxel
induces abnormal arrays or bundles of microtubules
throughout the cell cycle and multiple asters of
microtubules during mitosis. These properties make
paclitaxel a promising anti-cancer compound.
�
Genexol Injection is efficacious against many
cancers and has worked particularly well in fighting
ovarian cancer, breast cancer, Kaposi’s sarcoma, nonsmall lung cell cancer (NSCLC) and gastric cancer.
�
Genexol is steadily gaining global recognition, and its
market size and export volume continue to grow.
Genexol-PM™, is the second generation paclitaxel
formulation adopting Samyang’s patented drug delivery
technology. Samyang has substituted solubilizing agent
used in conventional paclitaxel formulation with biocompatible polymer to maximize the anti-cancer efficacy
of the drug. Genexol-PM™was successfully commercialized in Korea and is being developed for the global
market.
European CE Mark for quality in 2002. Samyang
Corporation has also developed the mono-filaments
�
�
suture bulk materials, Monosorb and Monofast , which
represent the next-generation in bio-absorbable sutures.
Samyang Corporation’s success in the medical device
area does not stop with surgical sutures. Proflex, a
partially absorbable mesh for hernia repairs, has been
recently developed by Samyang’s state-of-the-art
technology. It can be more lightweight, flexible than other
existing products after absorption, and furthermore
reduce patient discomfort more effectively. The company
has also developed BioMesh, a bio-absorbable dental
implant for periodental procedures. The BioMesh is free
Medical Devices Pharmaceutical Division of Samyang
corporation has constantly applied proprietary technologies to expand into medical devices for the long-term
strategic purposes. Noteworthy items include bioabsorbable surgical sutures, partially absorbable
meshes for repairing hernia, and barrier membranes for
regenerating periodontal tissue after dental surgery.
These materials are fully or partially absorbed into the
human body within a preset period following the surgical
procedure, eliminating the need for physical removal by
the doctor or dentist.
�
The multi-filaments suture bulk materials, Trisorb
�
and Neosorb , as well as the finished suture product,
�
Surgisorb , have been specially formulated to minimize
the risk of infection during their absorption by the human
body. As such they satisfy both USP and EP require�
ments. Surgisorb , which is produced and sold according to ISO9001 / ISO13485 Certified Quality System,
received US FDA 510K approval in 1999, followed by
from plasticizers and therefore poses little risk of
inflammation in the patient. The product has proven to be
very effective in periodontal tissue regeneration.
�
Samyang Genex Genexol , Outgrowth from
Samyang Genex’ Plant Cell Cultivation Technology
Samyang Genex is the first company in the world to
commercialize ‘Plant Cell Culture’ technology to mass
produce paclitaxel; the leading anti-cancer drug in the
world. Plant Cell Culture technology assure stable and
high quality supply of paclitaxel which has thus far been
exclusively produced by harvesting huge number of yew
trees. Paclitaxel occupies 30% of the world market for
cancer-fighting drugs. The substance is already widely
used in the US and Europe and demand continues to rise.
�
Samyang Genex is investing aggressively in its Genexol
business to grow as a biotech specialist that promotes
human health and wellbeing world-wide.
35
Samyang businesses are not limited to chemicals, foodstuffs
and pharmaceuticals. The Group is involved in a wide range of
other industries, too, such as feeds, environmental technology,
trade, information and communications, and machinery. This
diverse portfolio is improving customers’ lives in many ways and
bringing people closer together.
36
Related Business
37
38
Samyang Corporation Feed Business Unit Producer of High-quality, Special-function Feeds
Samyang Corporation Trading Business UnitImport/Export Services Via an Overseas Network
Fresh ingredients and the latest technologies are used to
produce Korea highest-quality animal feeds at state-ofthe-art plants in Mokpo and Cheonan. Fully automated
production and quality control systems are coupled with
a highly efficient logistics system to quickly deliver the
precise feed formulations that individual customers
want, at the right time and to the right location. To help
farmers increase their incomes, the company provides
guidance on animal raising and conducts on-site
inspections of farms. In-depth knowledge is shared
through seminars on the latest technologies and
management training for livestock raisers.
For years, Samyang has exchanged information on
animal feeds with Japanese companies, leading to an
upgraded swine feeding program. The governmentsupported National Livestock Research Institute and
With strong trade infrastructure, the company strives to
lead customers with the highest quality and optimal
pricing conditions in the areas of foods(sugar, dextrose,
corn starch, sugar preparation and baking mix), chemicals(TPA, QTA, PET chips, PET flakes, engineering
plastic resins), Polyester fabrics and fiber, machinery
(both new and used). Integrating years of accumulated
know-how, specialized marketing capabilities and
market intelligence from our overseas network, we are
developing new markets and product lines continuously.
Samyang jointly developed advanced feed formulations
for raising prime beef, and the results have been better
than anything else ever made in Korea. Samyang dairy
cattle feed comes with a computerized program that
offers the latest nutrition assessment and allows
individual dairy farmers to tailor their management
approaches. Finally, Samyang is the first in Korea to
synchronize each phase of chicken physiology with an
appropriate feed formulation to maximize production
and minimize the threat of disease.
Samyang Corporation is playing a leading role in the
advancement of Korea livestock industry, and the
company mixed feeds business continues to grow long
with the customers.
Samyang Data Systems Inc.
Provider of Value Added IT Services and
Competitive Solutions in the Ubiquitous era
Samyang Data Systems offers total IT services with the
sufficient experiences and the latest best-of-breed
solutions throughout various industries in the Korean
market. The 13-year-old system integrator has been
constantly improving its business competencies in
order to hold its strong position in the harsh and fast
developing business environment.
The company mainly offers IT Outsourcing, eHR(HR
Solution), ERP(Enterprise Resource Planning), MES
(Manufacturing Execution System), Mobile(WAP Portal
and Mobile Billing), Polycom(Video Conferencing), Citrix
NetScaler(Application Delivery Networking), AirMagnet
(Wireless Intrusion Protection System), Applied Identity
(Network Access Management), Enterasys(Wireless and
Wired Networking Solution), and EC-Council’s Certification Service, including certifications such as CEH
(Certified Ethical Hacker) and 20 more IT and Security
related certifications.
With those services and solutions, it has been able to
build the close and firm relationship with its customers
on the basis of trust and belief as associated with its
honorable partners world-wide.
In the midst of moving fast towards the age of IT-
39
enabled world of society, Samyang Data Systems
consolidates all services and solutions in IT services,
Conferencing, Networking, and Security in order to provide more value added services for its customers.
Furthermore, it promises to satisfy various customers'
needs by developing its core competencies in all
components including human resources, technologies,
and also know-how learnt from real life experiences.
Samyang Heavy Machinery
Total Solution for the Paper, Chemical, Fiber
and Environment
In 2005, Samyang Heavy Machinery reorganized its
casting business as CASCO, a joint venture with LS Cable
and Doosan Engine that supplies production machinery
parts, presses and industrial machinery to customers
world-wide. In addition, it’s Environment Division offers a
full suite of services related to water treatment and
purification, from feasibility studies to system design,
installation, test operation and technology consultation.
The company is satisfying papermaking company
needs by developing mechanical functions that take into
account various factors and conditions that determine
finished quality on paper and tissue production lines.
Samyang’s top quality industrial machinery serves the
chemical, fiber, food and steelmaking sectors, transportation machine. The company has the superior
technology and know-how to provide machines for any
type of chemical processing, and its satisfied customers
include petrochemical makers as well as oil refiners. The
company drum dryers operate continuously to provide
consistent food product quality.
Moreover, Samyang possesses many patents to
diverse technologies for treating sewage and wastewater
as well as for reusing water resources as industrial or
municipal water. Samyang builds specialized wastewater
treatment systems that apply biological, physical and
40
advanced treatment systems. In addition, the company
is taking part in a project that uses desalination systems
to turn seawater and saline groundwater into potable
water.
Samyang Heavy Machinery invests heavily into
R&D and makes quality the top priority for every item it
makes, no matter how small. As a result, the company
has been certified by ISO9001, SELO, the ASME "U"
Stamp, paving the way for exports to enthusiastic buyers
in the US, Japan, Southeast Asia and Europe.
41
Samyang operates R&D centers, staffed by dedicated researchers who often work days and nights to
secure patents and publish technical papers. All these efforts are aimed at making life better. The Group
has also established a scholarship foundation to give hope to deserving students, while environmental
protection activities and cultural events are organized to promote caring in the world. Unsparing
investments in training employees and cultivating future executives allow both customers and employees
to enjoy a better future.
42
43
Research & Development
44
Samyang Corporation
A look at a given company’s R&D center will
reveal its potential, as its future rests on the
activity of the research organization. Samyang
Corporation is transforming into a high-tech
enterprise, and the R&D center is a growth
engine for the company. Example of this include a
drug delivery system for water insoluble drugs
which was recently marketed as Genexol-PM™‚
won the Ji Seok Young Award (a prize that recognizes outstanding patented technologies), and
the new material Geogrid, which was selected
as one of Korea’s 100 best patented products. In
addition, Samyang Research Corporation was
established in the USA to expand the overseas
research network.
bioavailability enhancing technologies are under
development by increasing solubility or permeability.
In addition, the Genexol-PM™(paclitaxel polymeric micelle) injection, which remarkably reduces
side effects is now in clinical trials in the U.S. and
was launched in the Korean market in Jan, 2007.
Now Samyang is developing new anti-cancer
injections that are effective in treating multi-drug
resistance (MDR) cancers with support from the
MIHWAF (Korea, government) as a Medi-cluster
Research Group with Asan Medical Center.
From early on, Samyang Corporation has
invested heavily into R&D and many successes
have been achieved in the medical device area as
well as in pharmaceuticals. Noteworthy medical
devices include the bio-absorbable surgical
sutures Trisorb � (PGA), Surgisorb � (PGA),
Monosorb�(PDO), Monofast�(PGCL) and Neosorb�
(PGLA). It has also developed and marketed
BioMesh� for periodontal tissue regeneration and
Proflex™for hernia treatment. Samyang continues to develop medical devices that provide added
value and special functions such as antibacterial
surgical sutures and alternative wound closure
products.
Pharmaceutical R&D Center Samyang Corporation researchers have focused on new-concept
drug delivery systems, and they have achieved
one success after another. The innovative products developed include patches for abating the
severe pain of cancer patients, emetic patches,
nicotine patches for smoking cessation, and antiinflammatory patches. Current projects include
Orally Disintegrating Tablets (ODT) that melt in
the mouth without water, enabling children or
elderly patients to swallow medication easily, and
a Colon Specific Delivery System (CSDS) which
is under licensing to Braintree, Inc. (US). Oral
Advanced Polymeric Materials R&D Center New
materials are being developed through research
on the synthesis and processing of the engineering plastics such as polycarbonate (PC), polybutylene terephthalate (PBT), polyethylene
terephthalate (PET) and thermoplastic polyester
elastomer (TPEE). The Center has also developed sophisticated engineering plastics with
enhanced impact resistance, heat resistance,
flame retardance and UV resistance. These
materials are already being used in parts for
automotive, electronic, and opto-electronic
applications. Samyang has acquired General
45
Research & Development
Motors global material certification of TRIREX �, TRILOY �
and TRIEL � for automobile application. Recently
Samyang developed TRIBIND� (m-PET) for printer toner
resin and 2 layer FCCL for high density circuit launched
in 2007. Currently Samyang is focusing on IT related
items (Low-k dielectrics for semiconductor, 3G insulator
for LCD, inkjet printing RGB for LCD) and automobile
applications (CVJB items).
Samyang will continue to research and develop hightech materials to lead the advanced polymeric materials
industry.
Industrial Materials R&D Center The Industrial
Materials R&D Center is leading the development of
high-tech industrial materials by developing and
releasing geosynthetic products and high performance polyester fibers. Samyang has developed and
commercialized TRIGRID� EX, a type of construction
material used for a variety of purposes including
segmental retaining walls, slope reinforcement and
base reinforcement of soft soil. Additionally, high performance drainage products are being developed for
use in landfills. The quality of high performance polyester fibers, which are used for tarpaulin, seat belts
and mechanical rubber goods, has continuously been
improved. Samyang will persevere at developing the
highest technology in the field of industrial materials
for application in various areas.
Samyang Genex Corporation
Samyang Genex, Korea’s leading maker of corn starch
and sweeteners, is dedicated to satisfying diverse
customer needs. The company is creating starch
materials for the papermaking industry as well as new
applications for industrial starches being used in
construction or stationery. Other items under development are functional sweeteners for the food, beverage and pharmaceutical industries.
46
The Samyang Genex Food & Bio Research Center
was founded in 1982 as Korea’s first R&D center
dedicated to corn sweeteners. The Research Center’s
biotechnology research program has contributed
significantly to the development of the domestic food
processing industry. After the completion of the Daejeon
Genexol Plant, research has been focused on a wide
range of new technologies and products covering such
areas as foods, industrial materials, papermaking
materials, plant cell cultivation, fermented materials,
and special-purpose materials.
The capable research team at Samyang Genex has
earned the company such honors as the IR52 Jang
Young-shil Award and Bioindustry Award 2000 Grand
Prize. They continue to leverage their biotech expertise
to develop value-added industrial materials and foods.
In addition, the development of functional base
materials for pharmaceuticals is helping to promote
human health and prevent disease. Of course, formulation research is yielding functional health foods,
while fermentation technology is being used to develop
and commercialize new ingredients. Research is being
conducted to discover a wide range of new applications
and some of the world’s most advanced plant cell
cultivation technologies are being applied to commercialize various other secondary metabolites besides
paclitaxel.
47
Education
Scholarship Programs
Korea’s first private-sector scholarship foundation was established by Samyang Founder Kim Yeon-su(pen name
Sudang). In 1939, he set up the Yang Young Hoe (subsequently renamed the Yang Young Foundation) to help cultivate
human talent in line with his stated philosophy of “earn money honestly and use it properly for the intellectual
advancement of all Koreans.” Thus, from very early on, Samyang has supported education, one of the very finest ways
to return part of corporate profits to society.
In 1968, Samyang executives decided to also establish the Sudang Foundation, expanding the scholarship programs provided by Samyang. Through changing times, Samyang has consistently provided scholarship programs,
recognizing that the best ways to advance the nation were to support research needed by society and support the
education of talented people. Besides student scholarships, the Yang Young and Sudang Foundations provide
financial support for research conducted by to 20-30 university professors and other professionals each year. They also
support the operation of educational institutions and academic organizations. Such broad support is helping to keep
scholarship alive and well in Korea.
Yang Young Foundation Yang Young foundation provides scholarships to 70-80 students each year. Originally, the
goal of the foundation was to cultivate talent in the national sciences, which would play a pivotal role in national
industrial development. The nation’s best scientific minds were given funds to conduct research, helping to put Korea
on the scientific map.
In 1962, the eligibility for student aid was expanded beyond the natural sciences to include the humanities. At the
same time, funding was provided to professors to assist in their research and the publishing of their research papers.
Finally, the financial assistance recipients were expanded to include organizations that promote social projects and
academic research.
Sudang Foundation The top management at Samyang Corporation established Sudang foundation. Initially, the goal
was to support the education of Samyang employees’children, but over time the scope of the scholarship program
was expanded nationwide. Unlike the Yang Young Foundation, the scholarships offered by the Sudang Foundation are
mainly for middle and high school children as well as university students. The Foundation also provides research grants
to professors in the natural sciences and helps educational institutions.
Moreover, the Sudang Prize was instituted to carry on the spirit of national service and human resources
development that characterizes the philosophy of Samyang Founder /
Chairman Kim Yeon-su. The Prizes are presented to individuals who have
made exemplary contributions in basic sciences, applied sciences and
humanties & social sciences categories.
49
Public Activities
Social Contributions
Corporate involvement in environmental issues in the 21st century has long been the subject of debate. Samyang
understands the urgency for restoring damaged environmental areas and protecting the environment that all people are entitled to enjoy. With this conviction, the Group has organized annual essay and painting events with an
environmental theme since 1996. The scale of and public interest in these events has grown over time, and now they
have become models for others to emulate. Moreover, the employees at every worksite across Korea periodically
volunteer to clean up a local mountain and river.
Samyang is also educating the public on the value of farming communities and is cooperating with them to promote a balanced development between the companies and the farmers. Each worksite forms ‘sisterhood’ with one
farming community in the vicinity and helps to protect the environment there. Employees lend a hand during the
planting and harvesting seasons and various exchanges (community service, cultural programs) are conducted.
Samyang has opened the Dongdaemun branch of the ‘Beautiful Store’ in Seoul. This establishment sells secondhand donated by the corporate community and the public, to include clothes, shoes, handbags, books, CDs,
kitchenware, accessories, baby items and leisure goods. The proceeds to into a fund used to support various charity programs. In addition, Samyang is conducting a Groupwide collection drive for goods and funds, while employees
and their family members volunteer to help out at the store. Such efforts are helping to provide hope to the socially
disadvantaged.
Academic and Cultural Projects
Samyang believes that the development of national culture and the arts is highly depended on the degree of
corporate interest. For this reason, Samyang has long been generous in supporting the preservation of traditional
Korean culture and offering financial assistance to artists. These efforts have contributed to a more beautiful world.
Samyang has been a leader in promoting balanced development of sports, medicine, academics and culture.
The Group established a women’s cycling team in 1986, when cycling was not well known in Korea. Over the next
two decades, Samyang has continued stimulate interest in the sport, and the team has produced many of Korea’s
best women cyclists, who continue to set new national records.
Samyang’s interest in society extends to the cultivation of human talent. The Group provides various kinds of
support to universities such as cancer research funds, academic information center, and university development funds, ultimately contributing
to national economic progress and public health promotion.
50
People & Culture
Human Resources Development System
Samyang’s philosophy dictates that “cultivating professional talent is just as
important as recruiting good talent.” All companies need excellent human
resources, yet some do not exert much effort in human resources development.
However samyang has a state-of-the-art HRD system that is preparing young
executives to become future leaders. The Group offers unsparing support in various employee self-development
programs to create a rewarding workplace and an ideal environment for the company and it’s individual employees.
At Samyang, they believe that employees should offer more than intelligence and job skills. With team spirit and high
work ethics, they believe that true “human talent” is to be socio-conscious and community wise.
With these kinds of ethics, Samyang has placed importance on cultivating human talent. From the moment new
recruits join the company, they are provided with systematic training, such as Basic Training Courses, On-The-Job
training, and mentoring from their superiors. These kinds of special programs help hone the professional skills
required by each individual and help them quickly learn how to work within the organization.
Early on, exceptionally talented employees are selected for the Future Leader program. With educational
opportunities such as enrollment in MBA courses inside and outside Korea, attendance in various job positions and
challenging assignments, Samyang will be able to cultivate future senior executive.
Meanwhile, the Job Specialist track is available for selected individuals who need specialized long-term career
development. They have opportunities to attend graduate school courses in Korea as well as specialist training
programs inside and outside of the company. Moreover, participants receive the support they need to obtain various
license certifications.
Samyang also has a program that trains global specialists. Those who are usually involved in overseas business
will be trained in foreign languages and dispatched overseas to gain experience on site. New recruits are also able
to participate in an overseas training programs, such as visits to local companies, seminars, and cross-cultural
experiences. Such training will able Samyang to gain global competitiveness.
In step with the times, Samyang is continuously developing employees online training courses. This able
participants to listen to lectures whenever and wherever they want by their choice of audio or video media.
Samyang employees are able to decide a career path that best fits their individual talent and vision. With systematic training programs, each and every employee will be able to maximize their potential and elevate their
competitiveness. Especially those who perform their best and show their greatest abilities will be enrolled in a
special program for future executives.
51
52
Global Network
Domestic and Overseas Offices and Plants
Samyang Corporation
Samyang Genex Corporation
Head Office
263 Yeonji-dong, Jongno-gu, Seoul, Korea
Tel : (82-2)740-7114 Fax : 743-7141
http://www.samyang.com
Head Office
263 Yeonji-dong, Jongno-gu, Seoul, Korea
Tel : (82-2)740-7115 Fax : 740-7987
http://www.genex.co.kr
Tokyo Branch
The Hibiya Marine Bldg. 8th FL. 1-5-1,
Yurakucho, Chiyoda-ku, Tokyo 100-0006, Japan
Tel : (81-3)3501-2371 Fax : 3501-0220
Incheon Plant
285 Kajwa-dong, Seo-gu, Incheon, Korea
Tel : (82-32)570-8114 Fax : 570-8299
New York Office
405 Lexington Ave., 33th Floor (the Chrysler Bldg.)
New York, N.Y. 10174, U.S.A.
Tel : (1-212)972-0011 Fax : 972-0016
Shanghai Office
Room 2603, Far East International Plaza, Tower A
No.319 Xianxia Road, Shanghai, 200051, P.R.China
Tel : (86-21)6278-2300 Fax : 6278-9009
Jeonju Plant (Industrial Fibers)
407 Palbok-dong 3-ga, Dukjin-gu, Jeonju, Korea
Tel : (82-63)210-6614 Fax : 210-6622
Jeonju Engineering Plastic Plant
407 Palbok-dong 3-ga, Dukjin-gu, Jeonju, Korea
Tel : (82-63)210-6664 Fax : 210-6677
Ulsan Plant (Sugar, Ion Exchange Resin)
360 Maeam-dong, Nam-gu, Ulsan, Korea
Tel : (82-52)279-4500 Fax : 279-4505
Mokpo Feed Plant
816-10 Seokhyeon-dong, Mokpo, Korea
Tel : (82-61)282-0131 Fax : 282-0365
Cheonan Feed Plant
195 Sou-ri, Seonggeo-eup, Cheonan, Korea
Tel : (82-41)583-1500 Fax : 583-1503
Daejeon Plant (PET Bottles)
78-3 Munpyeong-dong, Daedeok-gu,
Daejeon, Korea
Tel : (82-42)605-3114 Fax : 931-1248
Pyeongchang Plant (PET Bottles)
San 139-1 Jinjo-ri, Bongpyeong-myeon,
Pyeongchang, Korea
Tel : (82-33)333-8444 Fax : 333-8443
Shiwha Plant (PET Bottle Recycling)
1697-6 Jeongwang-dong, Shiheung, Korea
Tel : (82-31)497-0277 Fax : 497-0279
Daedeok Pharmaceuticals Plant
(Patches, Medical Divices)
48-4 Munpyeong-dong, Daedeok-gu,
Daejeon, Korea
Tel : (82-42)930-3114 Fax : 931-6439
Samyang R&D Center
63-2 Hwaam-dong, Yuseong-gu, Daejeon, Korea
Tel : (82-42)865-8114 Fax : 865-8499
Ulsan Plant
360-25 Maeam-dong, Nam-gu, Ulsan, Korea
Tel : (82-52)278-2500 Fax : 278-2509
Daejeon Plant (Anti-cancer compound)
1688-4 Shinil-dong, Daedeok-gu, Daejeon, Korea
Tel : (82-42)930-9300 Fax : 934-1403
http://www.genexol.com
Samyang Genex Food & Bio Research Center
63-2 Hwaam-dong, Yuseong-gu, Daejeon, Korea
Tel : (82-42)865-8300 Fax : 865-8399
Samnam Petrochemical Co., Ltd.
Head Office
263 Yeonji-dong, Jongno-gu, Seoul, Korea
Tel : (82-2)740-7450 Fax : 745-4225
http://www.samnam.co.kr
Yeosu Plant (TPA)
1155 Jeongnyang-dong, Yeosu, Korea
Tel : (82-61)688-8114 Fax : 688-8008
Samyang Kasei Co., Ltd.
Head Office
263 Yeonji-dong, Jongno-gu, Seoul, Korea
Tel : (82-2)741-5011 Fax : 740-7039
http://www.samyangkasei.com
Samyang Welfood Corporation
62-3 Shinheong-dong, 3-ga, Jung-gu,
Incheon, Korea
Tel : (82-32)880-8114 Fax : 880-8269
http://www.welfood.com
Samyang EMS Co., Ltd.
459-3 Sindae-ri, Seo-myeon, Yeongi-gun,
Chungcheongnam-do, Korea
Tel : (82-41)868-0003 Fax : 868-2100
http://www.samyangems.com
Seven Springs Co., Ltd.
161-5 Donggyo-dong, Mapo-gu, Seoul, Korea
Tel : (82-2)323-1301 Fax : 323-6634
http://www.sevensprings.co.kr
Samyang F&D Inc.
#814, Hyundai Topics Bldg, 44-3 Bangi-dong,
Songpa-gu, Seoul, Korea
Tel : (82-2)425-4081 Fax : 425-4086
http://www.samyangfnd.co.kr
Samyang Engineering Plastics
(Shanghai) Co., Ltd.
131, Shuangying-lu, Qingpu Gongyeyuan-qu,
Qingpu-qu, Shanghai, P.R. China
Tel : (86-21)6922-2086 Fax : 6922-2271
Samyang Research Corporation
405 Lexington Ave., 35th Floor (the Chrysler Bldg.)
New York, N.Y. 10174, U.S.A.
Tel : (1-212)972-0011 Fax : 972-0016
Samyang Genex Food(Qinhuangdao)Co., Ltd.
Zhejiang nan Road 5, Economic & Technical
Development Eastern Zone, Qinhuangdao, China
Tel : (86-335)535-1000 Fax : 535-1070
Jeonju Plant (Polycarbonate)
409 Palbok-dong 3-ga, Deokjin-gu, Jeonju, Korea
Tel : (82-63)210-1114 Fax : 211-1240
Affiliates
Samyang Heavy Machinery Co., Ltd.
151-7 Samseong-dong, Gangnam-gu, Seoul, Korea
Tel : (82-2)2189-4567 Fax : 2189-4569
134 Sosabon-dong, Sosa-gu, Bucheon, Korea
Tel : (82-32)340-8114 Fax : 340-8256
http://www.syhmco.co.kr
Samyang Milmax Corporation
Head Office
263 Yeonji-dong, Jongno-gu, Seoul, Korea
Tel : (82-2)740-7664 Fax : 740-7390
http://www.milmax.co.kr
Huvis Corp.
Jeonbuk Bank, Ltd.
669-2 Geumam-dong, Deokgin-gu, Jeonju, Korea
Tel : (82-63)250-7114 Fax : 250-7161
Akina, Inc.
Business & Technology Center,
1291 Cumberland Avenue, E-130,
West Lafayette, IN 47906-1385, U.S.A.
Tel : (1-765)464-0390 Fax : 464-0820
Asan Plant (Flour, Baking Mix)
107 Changyong-ri, Youngin-myeon, Asan, Korea
Tel : (82-41)539-7700 Fax : 541-6821
Samyang Data Systems, Inc.
263 Yeonji-dong, Jongno-gu, Seoul, Korea
Tel : (82-2)740-7411 Fax : 740-7098
http://www.syds.com
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Epilogue
54
Good products and services make good customers, who in turn are the impetus for developing an even better
selection. The basic competencies from the know-how and tradition built up over eight decades will be the
springboard for Samyang to continue advancing into promising new businesses for the future. The Group is
committed to being the kind of enterprise that is applauded by the public and that is respected by customers.
The presence of loyal customers allows Samyang to continue to present hope and promise and to keep striving
to realize its vision. Samyang will remain close to the customer and help to create a more abundant life for all.
As long as customers are there to appreciate the never-ending stream of new offerings, Samyang will be
around.
55
www.samyang.com
Life’s Ingredients