Kolon Industries, Inc Overview
Company Headquarters: Gwacheon, South Korea
Founded: 1957
Workforce: 6,700
Company Working: Kolon Industries, Inc (Kolon) is engaged in the production of epoxy resin. The company functions through five business segments, namely industrial materials, chemicals, film, fashion, and others. The industrial materials segment offers functional fibers, high-performance fibers, non-woven fabrics, and engineering plastic. The chemical segment deals with hydrocarbon resin, phenolic resin, and epoxy resin. The film segment includes polyester film and electronics material. The company manufactures sportswear as well as apparels under the fashion segment. The others segment includes polyester chip and yarn for clothes. Moreover, the company operates a retail platform that connects individuals, brands, and local communities. The company has manufacturing facilities as well as marketing & distribution network in various countries such as China, Germany, South Korea, Indonesia, as well as North American countries.
Strategy
Kolon is focusing on R&D to develop its business domains. Furthermore, it is also focusing on quality and cost leadership to gain higher profit margins.
