Kumho Petrochemical Co., Ltd. Overview
Pro stress-test →Kumho Petrochemical manufactures synthetic rubbers, synthetic resins, and rubber chemicals, with products including styrene butadiene, acrylonitrile butadiene, polystyrene, and antioxidants. As of 2012, the company was the largest manufacturer of synthetic rubbers with the world's largest production capacity based on styrene-butadiene rubber. The company serves global tire makers and diversified end-markets including automotive, construction, and semiconductor industries.
Strategic Profile
Pro stress-test →Kumho has created synergy effects through vertical integration of synthetic rubbers and specialty chemicals businesses. The company is expanding into electronic chemicals, combined heat and power plants, and carbon-nano-tube materials, producing raw electronic materials for semiconductors and displays. World's top-tier tire makers are its long-term customers.
Competitive Landscape
Pro stress-test →Kumho has the world's second largest production capacity of 6PPD antioxidant products for industrial rubbers. Its BPA subsidiary is the 5th global BPA maker, while its polychem division holds 4th largest EPDM production capacity globally. Key competitors include Sibur (Russia), Goodyear, and Lanxess in synthetic rubber; Styrolution and LG Chem in resins.
Industry Context
Kumho Petrochemical Co., Ltd. operates in Petrochemicals & Specialty Chemicals Manufacturing.
Key facts
Founded: 1970 · Headquarters: Seoul, South Korea · Employees: 1,281 · Revenue: $5.2B · Market cap: $2.7B