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  • Samyang Group 2018.11.06
    Samyang Group hosts Samyang Innovation R&D Fair 2018
    Samyang Group hosts Samyang Innovation R&D Fair 2018

    Samyang Group hosted the Samyang Innovation R&D Fair 2018 (SIRF 2018) at Samyang Discovery Center in Pangyo on November 6th.   SIRF is an event at which researchers of Samyang Group exhibit and share the outcomes of research and development they have worked on for the past year. At this year’s SIRF, approximately 90 cases of research performance from research centers of chemical, food, biopharmaceutical and IT materials, as well as those from Samyang Packaging and KCI were exhibited. Notably, Samyang Packaging and KCI participated in SIRF for the first time this year.   Along with an exhibition of their R&D achievements, Samyang Group hosted an award ceremony to recognize and reward a total of eight outstanding achievements, including three R&D success cases, three patent cases, and two CoP cases. The value of the rewards given out this year was double the value of last year’s, which reflects the Group’s increased interest and expectations for their R&D sector.   In Chairman Kim Yoon’s congratulatory remarks, he mentioned three R&D key terms which were: ▲acceleration of open innovation, ▲expansion of the Group’s expertise areas through amalgamation, and ▲smart data-based R&D. Open innovation is a strategy to add external capabilities upon Samyang’s existing abilities to accelerate the speed of change and innovation. Amalgamation refers to the collaboration of the different skills developed within various departments within Samyang Group to develop new products and skills. Chairman Kim Yoon emphasized the need for open innovation and amalgamation, not only within the R&D sector of the Group but within the entire Group itself, encouraging more intra-sector communication and cooperation.  

  • Samyang Group 2018.11.01
    SEVENSPRINGS holds November Sales Promotion Period
    SEVENSPRINGS holds November Sales Promotion Period

    SEVENSPRINGS, the organic salad and grill restaurant operated by Samyang F&B is holding various sales and promotional events at all locations in November.   Promotions for this month include one person free deal for a party of 4+ people, 50% discount for the College Scholastic Ability Test takers, and KRW 10,000 discount for re-visiting customers. There is also a “buy one, get one free” event for customers who purchase bottled wines.   More information on November sales and promotional events is available on SEVENSPRINGS website, Facebook page, Kakaotalk Plus, and other social media.  

  • Samyang Group 2018.10.17
    Hiking in Commemoration of Samyang Group’s 94th Anniversary
    Hiking in Commemoration of Samyang Group’s 94th Anniversary

        On October 12th, 170 executives and employees of Samyang Group, including Chairman Kim Yoon, hiked the Birch Forest of Dalmajisan Mountain in Inje-gun of Gangwon-do in celebration of Samyang Group’s 94th anniversary.   This is the 11th hiking event held since climbing the Cheonggyesan Mountain in 2007. Chairman Kim climbs mountains with key company executives, newly-appointed team leaders, future leaders, C&C (Change & Challenge) committees, and new employees, along with CEOs of the subsidiary businesses, to encourage the opportunity for open communication with the Samyang family.   He suggested, “Currently Samyang is actively challenging itself to pursue unprecedented company growth to ensure the company’s successful globalization, as well as to promote the specialization of the business and business expansion. We look to also greatly accelerate our growth in both capacity and transformation so that we may obtain the target of our vision, Win 2020.”   Since last year, Samyang Group has been working on the promotion of its Win 2020 vision project designed to propel innovation and change throughout the group, from company culture to the business portfolio, in order to achieve growth. As part of the effort, Samyang is promoting a large scale investment aimed at achieving a 5.5 trillion won sales revenue by 2020 in its major business areas, including food, chemicals, packaging, and pharmaceuticals.  

  • Samyang Group 2018.08.31
    Samyang Group won the 44th Korean National Quality Award Convention
    Samyang Group won the 44th Korean National Quality Award Convention

      Samyang Group awarded two gold and one silver prizes at the 44th Korean National Quality Award Convention, held at the Kim Dae-jung Convention Center from August 28 to 31 in Gwangju Metropolitan City. The Korean National Quality Award Convention, which is celebrating its 44th anniversary since its start in 1975, is Korea’s largest quality-related event to share excellent cases of creative management renovation, improvements, and results, through quality team activities. This year’s convention was hosted by Gwangju City and the Korean Agency for Technology and Standards, and organized by the Korean Standards Association. Three teams of Samyang Group participated in the convention.

  • Samyang Group 2018.05.15
    Chairman Yoon Kim holds the 50th Korea-Japan Business Conference
    Chairman Yoon Kim holds the 50th Korea-Japan Business Conference

      Chairman Yoon Kim of Samyang Group held the 50th Korea-Japan Business Conference on May 15 to discuss plans for economic cooperation between the two countries with CEOs from Korea and Japan.   As the largest conference to be held among all businesspeople conferences held between Korea and Japan, the Korea-Japan Business Conference was held this year at Hotel Okura Tokyo in Japan for two days from the 15th with the support of the South Korean Ministry of Trade, Industry and Energy. This year’s conference will discuss the method of Korea-Japan cooperation for the next 50 years under the theme ‘Celebrate the 50th Korea-Japan Business Conference and create the next 50 years through economic, talent and cultural exchange!’   Chairman Yoon Kim of Samyang Group and head of the Korean side stressed, “If Korea and Japan first establish an economic bloc and closely cooperation to actualize ‘Asia becoming friends, successful Asia,’ we can make the 21st century a true century of Asia and construct a more solid foundation for reciprocal development in the next 50 years.”

  • Samyang Group 2018.05.08
    Sudang Foundation holds the 27th Sudang Prize Ceremony
    Sudang Foundation holds the 27th Sudang Prize Ceremony

      The Sudang Foundation held the 27th Sudang Prize Ceremony at Lotte Hotel in Sogong-dong, Seoul on May 8.   The event commenced with a word of greeting by Chairman Sangha Kim of the Sudang Foundation which was followed by a progress report from the Sudang Prize operation director. After an evaluation report by the judging committee, there was a screening of a video introducing the awardees followed by the awarding of prizes as well as a few words from the awardees. The awards ceremony came to a close with a congratulatory address from President Kim Dong-ki of the National Academy of Sciences, Republic of Korea and was followed by a celebratory dinner.   At the 27th Sudang Prize Ceremony, Professor Choi Ui-ju of Korea University’s College of Life Sciences & Biotechnology was awarded in the category of basic science, Professor Lee Byung-ho of Seoul National University’s Department of Electrical and Computer Engineering in the category of applied science and Professor Im Hyeon-jin of Seoul National University’s Department of Sociology in the category of humanities and social science, and each awardee received a cash prize of 100 million won and a medal.

  • Samyang Group 2018.04.25
    Chairman Yoon Kim visits Chinaplas 2018
    Chairman Yoon Kim visits Chinaplas 2018

    Samyang Group accelerates its advancement into the global chemical market by putting forward its high-function specialty product.   Samyang Group revealed on April 25 that Chairman Yoon Kim visited Chinaplas 2018 held in Shanghai, China.   Chinaplas is a global expo of Asia’s largest plastic and rubber industry. Samyang Group’s main subsidiary, Samyang Corporation, participated in this exhibition to debut a light weight material aimed at the global automobile market together with a high-function specialty chemical material and technology applicable to electric automobiles, 3D printing and laser welding.   Chairman Yoon Kim stopped by the Samyang Corporation booth on the 24th, the first day of the event to encourage the staff, and he visited booths of global chemical enterprises to embark on ‘global on-site management’ in which he grasped the trends of the global market.   Chairman Kim stated, “It is crucial that we find a new opportunity for the achievement of a growth strategy,” and called for the “discovery of new business opportunities and introduction of the entire Samyang Group to the global market through participation in the global exhibition.”

  • Samyang Group 2018.02.20
    Yangyoung Foundation and Sudang Foundation Hold 2018 Scholarship Awards Ceremony
    Yangyoung Foundation and Sudang Foundation Hold 2018 Scholarship Awards Ceremony

    On February 20, Yangyoung Foundation and Sudang Foundation (Chairman: Kim Sang-Ha) held the 2018 Scholarship Awards Ceremony in the auditorium of Samyang Group Headquarters Office.   Yang Yong Foundation granted a total of 931 million won scholarships to a total of 203 people- 91 high school students, 93 Yangyoung Foundation college and graduate students, and 19 Sudang Foundation college and graduate students. Scholarship winners were selected through recommendations from their schools and awarded to model students who attained high grades in school in spite of their difficult financial situations.   Yangyoung Foundation, which is Korea’s first private scholarship foundation, was established in 1939 by the late Sudang Kim Yeon-su who was the founder and the first chairman of Samyang Group. Later, Sudang Foundation was set up by Chairman Kim and his children in 1968 to expand the scholarship program. Up until now, these foundations have provided scholarships and research funds to more than 20,000 students and around 600 academics. Meanwhile, Sudang Foundation hosts the Sudang Award every May, granting a total of 300 million won prize money to an academic staff who has made outstanding contributions in the field of natural sciences, applied sciences, or humanities sciences.  

  • Samyang Group 2018.01.23
    Samyang Corporation concludes Technology Transfer Agreement of Oxime Photoinitiator with the Korea Research Institute of Chemical Technology
    Samyang Corporation concludes Technology Transfer Agreement of Oxime Photoinitiator with the Korea Research Institute of Chemical Technology

      Samyang Corporation accelerates its entrance into the global market by means of an open type innovative strategy through cooperation with the outside. Samyang Corporation concluded a Technology Transfer Agreement of ‘oxime photoinitiator’ with the Korea Research Institute of Chemical Technology on January 23. According to the Technology Transfer Agreement, Samyang Corporation will officially commercialize the oxime photoinitiator on the basis of technology co-developed with KRICT.   The oxime photoinitiator which uses the ‘oxime’ chemical structure is high in sensitivity in terms of light to make it a key ingredient of photosensitive resin used in the micropattern (circuit) process of displays and semiconductors.   The Samyang Group R&D Center’s Electronics Division and the Korea Research Institute of Chemical Technology Dr. Jeon Geun’s team performed 6 years of joint research to develop a compound with a low manufacturing cost, and which has an excellent penetration rate and reception when compared to the existing oxime photoinitiator and succeeded in commercializing the compound under the names ‘SPI-02’, ‘SPI-03’, and ‘SPI-07’.   Samyang Corporation produced a model of this product in 2016, and from this year, as commercialization of this product is regularized, it will implement marketing targeted at domestic and overseas photosensitive resin manufacturing enterprises to expand its sales. 

  • Samyang Group 2017.12.28
    300 Million Won Donation for Helping Neighbors in Need
    3 Billion Won Donation for Helping Neighbors in Need

    ▲ Samyang Group provided the Community Chest of Korea with a donation of 300 Million Won.   On December 28, Samyang Group donated 300 Million Won to the Community Chest of Korea in effort to better support the marginalized groups of Korea.   The donation will be used to help ensure basic living expenses and essential medical fees for marginalized groups amid the worsening economic conditions afflicting the country.   Our group has been contributing donations each year through the Community Chest of Korea since 2001 and has been making various social contributions including environmental protection, scholarship projects, etc.

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