- Executive Summary
In November of 1970, our company started, for the first time in country’s history, as a small business specializing in carbonic acid gases. We have diligently acquired and expanded our sales market and boldly and aggressively reinvested to fight against supply and demand imbalance caused by market changes. Therefore, as compared to our competitors operating single factory to meet the daily demands, we have successfully operated 4 manufacturing plants to process the raw materials supplied by 6 suppliers. This has caused us to advance in our field, securing stable production processes. As it was in the former term, during this term we are maintaining our status as the industry leader with encouragement from stable market price and steady trade with large demand businesses and effective surplus management. This company will actively prepare against the changing management environment and expand base of market demand and establish new suppliers to pursue and stimulate the potential demand – constantly increasing the creation of profit.
- Carbonic Gas Industry Defined
Industry that produces high purity liquid carbon dioxide and dry ice using gaseous by products from petrochemistry, fertilizer, and ethanol plants. It is feasible for carbon dioxide to be chemically engineered but using the residual products from petro chemistry, fertilizer and ethanol plants is most economically efficient.
- Flow of Carbonic Gas Industry
Raw materials supplier (Petrochemical plant, Fertilizer plant, Ethanol plant) → Purity level 99.98% or above (refined/compressed/liquefied) → Liquid carbon dioxide → -79.8℃ refrigerated/compressed → Dry Ice
Liquid carbon dioxide Usage: Industrial (Welding, Fire extinguishing, Refrigerant, antioxidant etc), Foods and Beverages (Beers, Sodas, water), Medical goods (Anesthetic agents, Insecticides)
Dry Ice Usage: Cool retention and preservation of perishable goods, rapid refrigerant, special effects for events, medicines, special cleansing agents, and etc.
- Production Capability (Unit: ton/day)
||Raw material suppliers
||Daily production quantity
||Remarks(Raw material process)
||Ethylene Oxide (E.O)
||Honam: Ethylene Oxide (E.O)
||AIR: Naphtha steam reforming (H2)
||Naphtha steam reforming (H2)
||Adding H2 in Octanol process
Current share holding of national market’s CAPA: 31.5%
As stated in the above statement diversity in raw material suppliers and regional distribution of manufacturing factory secure superiority and competiveness over our peers and provides stable production and reduced logistics cost – faithfully serving as the nation’s leader in provider of carbonic acids.
- Sales of Featured products (Unit: 1000won)
|Liquide carbon diocxide
|General Gas (commodity)
- Productions of Featured Products (Unit: Ton)
|Liquide carbon diocxide