Kumho Petrochemical
 |
|
| Public | |
| Traded as | KRX: |
| Industry | Chemicals |
| Founded | 1970 |
| Founder | Park In-chun |
| Headquarters | Seoul, South Korea |
|
Area served
|
Worldwide |
|
Key people
|
Park Chan-koo (Chairman & CEO) Kim Seong-Chae (President & CEO) |
| Products |
Synthetic rubbers Synthetic resins Specialty chemicals |
| Revenue | ₩5,884 billion (2012) |
| ₩224 billion (2012) | |
| Profit | ₩126 billion (2012) |
| Total assets | ₩4,062 billion (2012) |
| Owner | Park Chan-koo |
|
Number of employees
|
1,358 (2012) |
| Subsidiaries | Kumho P&B Chemicals, Kumho Polychem, Kumho Mitsui Chemicals, Kumho Trading, Kumho T&L |
| Website | kkpc |
Kumho Petrochemical Co., Ltd. (Korean: 금호석유화학, KKPC) is multinational chemical company based in South Korea, with headquarters in Seoul. It was founded in 1970 when Kumho Group struggled to secure raw materials for its bus and tire businesses. Kumho Petrochemical has a global market leadership in the manufacturing of synthetic rubbers with the world’s largest production capacity based on SBR and BR by IISRP 2012. It focuses on synthetic rubbers, synthetic resins, specialty chemicals, electronic chemicals, energy, building materials and advanced materials as its core business.
In 2011, Kumho Petrochemical was ranked at 1806th of 'the Global 2000' by Forbes. In 2013, it became a component of the KOSPI 100 index, which tracks 100 major companies listed on the .
It changed its name from 'Korea Kumho Petrochemical' to 'Kumho Petrochemical' effective February 15, 2012.
It was spun off from Kumho Asiana Group in December 2015.
Kumho Petrochemical’s main business is synthetic rubbers. It has built up market leadership at general synthetic rubbers such as BR(Butadiene Rubber) and SBR(Styrene-butadiene Rubber) over 40 years. World’s top-tier tire makers are its long-term customers. Recently, it also has developed and delivered eco-friendly and high energy-efficient synthetic rubbers such as S-SBR(Solution Styrene Butadiene Rubber) and Nd-BR(Neodymium Polybutadiene Rubber) which EU tire label requires.
Kumho Petrochemical has the world’s second largest production capacity of 6PPD, antioxidant products for industrial rubbers. It has created synergy effects through vertical integration of synthetic rubbers and specialty chemicals businesses.
Synthetic resins are another biggest businesses of Kumho Petrochemical based on sales revenue. It delivers general and high-performance plastic materials such as PS (polystyrene), ABS (acrylonitrile butadiene styrene), EPS (expandable polystyrene), SAN (styrene acrylonitrile), PPG (polypropylene glycol), etc.
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