Kumho Petrochemical Co., Ltd

Kumho Petrochemical Co., Ltd Overview

Company Headquarters: Seoul, South Korea

Founded: 1970

Workforce: ~1,350

Company Working: Kumho Petrochemical Co., Ltd is a manufacturer of synthetic rubbers and resins. The company business field includes synthetic resins, specialty chemicals, nanocarbon, energy, and building materials. It offers styrene butadiene styrene (SBS) under the segment of the synthetic rubber under the brand name KUMHO KTR. The company provides its SBS products for applications such as asphalt modifier, waterproof sheet, adhesives, compounding, and plastic modifier. The company operates sales offices in China, the US, Germany, Malaysia, Korea, and Indonesia and sells products to customers across six continents.

Strategy

Kumho Petrochemical Co., Ltd focuses on the expansion of its regional presence via organic and inorganic growth strategy. Further, the company focuses on Research & Business Development (R&BD) to develop innovative products and new application areas for existing products. In 2018, the company accomplished the development of an SBS grade that conforms FDA standards for plastic and adhesives usage and was selected as the 17th world-class product by the Korea Trade-Investment Promotion Agency (KOTRA).

Company Snapshot

$4,760.2M

Revenue

1,350

Employees

1970

Founded

Seoul, South Korea

Headquarters

SWOT Analysis

Strengths

Focused R&D activities
Broad product portfolio
Strong global presence

Weaknesses

Decline in annual sales from 2018 to 2019

Opportunities

Expansion of production capacity
Strategic collaborations, acquisitions, and mergers

Threats

Fluctuation in raw material prices
Competition from leading players

Product Offering

Kumho Petrochemical Co., Ltd
- Styrene Butadiene Styrene (SBS)

Financial Performance

What our clients say

Trusted by forward-thinking businesses
for data-driven intelligence

Noah Malgeri

Co-Founder, Mojave Rail Fabrication Limited

This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.

Michael Robert

Manager, JavolVision

Thanks, I am so happy that we worked together. Maybe we still can work together in the future.

Joseph Aguayo

Sales Operations & Pricing Manager, Intel

Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.

Bong Lau

Sales Leader, Bamberg

We bought your "2025 report" in 2020. Everything is fine and very good.

Peter Groot Koerkamp

Account and Business Manager, EFS-Holland BV

Thanks for sending the report it gives us a good global view of the Betaïne market.

Younghwan Choi

Senior Retail Manager, LG Chem

We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.

Mark Irwin

Management Consultant, Level 21

I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.

Rob Kooiker

Group Product Manager HVAC & Fire Protection GMA, Rockwool

I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!

Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.

Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.