Samyang Holdings Corporation (000070)

Overview

Samyang Holdings Corporation, a diversified conglomerate with a global footprint, operates across various sectors including chemical, food, packaging, pharmaceutical, and more. With subsidiaries around the world, the company has a significant presence in South Korea, China, Japan, Europe, and other Asian countries, catering to a wide international market. Structured into three principal segments: Food, Chemicals, and Others, Samyang Holdings Corporation demonstrates a robust portfolio of innovative products and services. Founded in 1924 and headquartered in Seoul, South Korea, the company combines its rich history with forward-looking innovation to meet the evolving needs of its diverse clientele.

Products and Services

• Engineering Plastics and Chemical Materials: Production and sales of high-quality engineering plastics, ion exchange resins, BPA chemicals, personal care materials, eco-friendly materials, semiconductor materials, among others, catering to a wide array of industrial applications.
• Food Products: Offers a variety of food products including sugar, starch sugar, flour, sweeteners, wheat, and processed foods like processed oils/fats. Additionally, it provides water-soluble dietary fibers, health and wellness products, and food service distribution services under the ServeQ brand, supporting the food industry's needs.
• Medical Devices and Pharmaceuticals: Develops and provides medical devices, anticancer drugs, and innovative drug delivery systems for gene therapeutics, addressing critical healthcare needs.
• PET Bottle Recycling and Packaging: Engages in the manufacturing and selling of PET bottles and recycling of PET chips. It also specializes in aseptic filings, showcasing its commitment to sustainability and environmental responsibility.
• Household Goods and Cosmetics Raw Materials: Provides raw materials essential for household goods and cosmetics. Additionally, it offers a range of skin care products under the brand name ABOUT ME and dermo-bio cosmetics under the MediAnswer brand, highlighting its footprint in the beauty and personal care sector.
• IT Services: Delivers a comprehensive range of IT services, including IT consulting on system management and integration, and e-business services. Offers solutions in ERP, CRM, KMS, Portal, HR, MES, BI, and mobile services, catering to the public, finance, and manufacturing sectors and demonstrating its prowess in technology and digital solutions.
• Research, Trading, and Leasing Activities: In addition to its core operations, Samyang Holdings Corporation is engaged in research, trading, and leasing activities, showcasing the breadth of its business operations and its ability to diversify its investment and growth strategies.