Company Introduction

Corporate information

Aekyung Petrochemical, which grew along
the Korean petrochemical industry,has combined forces
with the old Aekyung Chemical and AK ChemTech and
relaunched as Aekyung Chemical.

Aekyung Chemical's efforts
to create history will continue.

2020's

2024

06
Acquisition of IATF 16949:2016 Certification

2024

03
Selection of model taxpayers for the 58th Taxpayer's Day

2023

11
Acquired ESG Integrated Grade A

2023

06
Published the first Sustainability Report

2022

09
Incorporating AK BioPharm as a Subsidiary
(80% of the shares)

2022

07
Acquisition of ISCC PLUS Certification

2022

04
Introduction of Cheongyang Plant WMS
*WMS(Warehouse Management System)

2021

11
AK Chemical Co., Ltd established (Merge of 3 companies,
Aekyung Petrochemical, AK ChemTech and Aekyung Chemical)
2010's

2017

10
Ulsan factory office building newly constructed

2017

01
Acrylic adhesive production facility expanded
(+3,000 ton/year)

2016

09
Stock split (5,000 KRW → 500 KRW)

2016

04
DOTP technology exported
(Russia SIBUR khimprom)

2014

12
Aekyung (Shanghai) Investment Management Co., Ltd opened
Awarded $600 million Export Tower on Trade Day

2013

01
Multi-purpose production facility for UPR and Alkyd expanded
(+1,800 ton/ year)

2012

12
Awarded $500 million Export Tower on Trade Day

2012

10
Jeonju factory constructed (Secondary battery anode materials)

2012

09
Aekyung Petrochemical spin-off – AK Holdings (holding company)/Aekyung Petrochemical (operating company)

2012

08
Environment-friendly plasticizer plant (P-14) constructed
Refined glycerin plant (P-15) constructed

2012

01
Adhesive (PSA) production facility newly established
(+2,400 ton/year)

2011

12
Awarded $400 million Export Tower on Trade Day

2011

07
Urethane hardener production facility expanded
(+9,600 ton/year)

2011

07
Pyeongtaek Distribution Center constructed
(Current Central Distribution Center)

2010

01
Water-based resin production facility expanded
(+1,800 ton/ year)
2000’s

2007

11
Awarded $300 million Export Tower on Trade Day

2007

10
Biodiesel Plant constructed

2006

12
Aekyung (Ningbo) Chemical Co., ltd established

2005

11
Awarded $200 million Export Tower and Bronze Tower Order of Industrial Service Merit on Trade Day

2005

03
Acquired Hongik Ind. Co., Ltd. (PU System Adhesive)

2004

03
Awarded Minister Award from the Ministry of Finance and Economy on Taxation Day

2003

11
Awarded Energy Conservation Industrial Service Medal Award

2001

10
Central laboratory constructed (Aekyung R&D Center)

2001

07
Cationic & nonionic surfactant synthesis factory constructed

2000

11
ISO-14001 (Environment management system) certified
1990’s

1999

08
Enlisted on the Korean Exchange

1998

07
Plasticizer-linking type plant (P-12) constructed plasticizer continuous-process plant (P-12)

1997

07
AMDU production factory constructed

1997

03
Awarded Bronze Tower Order of Industrial Service Merit on the 31st Taxation Day

1995

04
ISO 9001 (Quality management system) certified

1994

08
Company name changed from Samkyung Chemical Co., Ltd. To Aekyung Petrochemical Co., ltd.

1993

03
Awarded Model Taxpayer award and Minister’ Award from the Ministry of Finance

1992

07
Cheongyang factory constructed and began operation

1991

11
Awarded $100 million Export Tower on Trade Day

1990

02
Insulation film factory constructed
1980’s

1989

11
Awarded $50 million Export Tower on Trade Day

1989

08
PCM paint factory constructed

1984

02
Plasticizer Plant (P-4) constructed

1982

03
Aekyung Shell Co., Ltd established (Current AK ChemTech)
(50-50 Joint venture of AK Group and ROYAL DUTCH SHELL)

1980

11
Awarded $10 million Export Tower on Trade Day
1970’s

1979

04
Aekyung Chemical Co., Ltd established
(Joint venture of AKIS and DIC)

1975

07
Signed a 50-50 joint investment agreement with 3 Japanese companies
- Mitsubishi Gas Chemical
- Dainippon Ink & Chemical
- Itochu Corporation

1972

10
Phthalic Anhydride Plant (P-1) constructed

1971

04
Samkyung Chemical’s phthalic anhydride factory began construction

1970

10
Samkyung Chemical Co., Ltd established on October 13, 1970