Samyang 100th History Museum

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1924 ~ 1950
The dream of
national economic
independence and
modernization
1924 The Beginning of Everything, Samsu Company
1931 Renaming Itself as Samyang Corporation and Starting Anew

1936 Large-scale Reclamation Projects and the Establishment of Sonbul Farm
1936 Establishment of Samyang's First Overseas Base, the Fengtian Office in China
1939 Korea’s First Private Scholarship Foundation, Yang Young Association

1939 Korea’s First Production Corporation to Be Set Up Overseas, Namman Spinning
1939 The Onset of Domestic Industrial Company-affiliated Schools, Namman Spinning Mill School
1939 Acquisition of Samcheok Corporation and Oriental Beer, and the Expansion of Manchurian Business

1946 The First and Largest Privately-owned Salt Farm in the Liberated Land, Haeri Salt Farm
1951 ~ 1974
Diversifying businesses
to contribute to a
prosperous national life
1955 Entry into the Food Business and Construction of Ulsan Sugar Refinery
1956 Samyang Sugar, Synonymous with Sugar

1968 Establishment of Another Scholarship Foundation, ‘Sudang Scholarship Association’
1968 Becoming the Nation's Corporation
1969 Expanding into the Chemical Fiber Business and the Completion of the Jeonju Polyester Plant

1974 Entering the Fisheries Industry and Achieving the Top Position in Exports
1974 Establishment of a Corporate Anthem and Flag, the Publication of Corporate Newsletters and a Historical Chronicle
1975 ~ 1987
Starting anew
after half a century
of foundation
1975 Construction of the Corporate Headquarters and the Dawn of the Jongno Era
1976 Expanding the Scope of Business through Entry into the Mixed Feed Business

1976 The First Domestic Production of Ion Exchange Resins in South Korea
1977 Entry into the Machinery Industry and the Establishment of Samyang Heavy Machinery
1978 Streamlining Management Systems and Establishing Training Programs

1979 The Cradle of Research and Development: Establishment of the Samyang R&D Center
1984 Declaration of the Second Phase of Entrepreneurship, Marking the 60th Anniversary of Foundation
1985 Acquiring Management control of Sunil Glucose and Expanding the Food Business

1987 Growing into a Global Polyester Corporation
1988 ~ 2003
Securing a future
growth engine through
the enhancement of
its business structure
1988 Full-Scale Expansion of the Engineering Plastics Business
1990 Establishing Samnam Petrochemical and Pioneering in the Petrochemical Business

1991 Fostering Corporate Innovation Efforts to Internally Integrate Innovation
1993 Inauguration of Samyang's ‘Think Tank’, the Samyang Group R&D Center
1996 Completion of the Daedeok Pharmaceutical Plant and the Full-Scale Launch of the Biopharmaceutical Business

1996 The 1st ‘Nature Love Blue Heart’ Writing and Painting Festival
2000 Establishment of the Integrated Corporation “Huvis" in the Chemical Fiber Industry
2002 Launching the Integrated Food Brand 'Q1’

2003 Samyang Headquarters Transformed into a State-of-the-Art IBS Building through Renovation
2004 ~ 2010
Creating corporate
value through
abundance and
convenience
2004 New Vision “We Enrich and Make Life Convenient” & New Slogan “Life's Ingredients”
2006 Opening Samyang Engineering Plastics (Shanghai) for Chinese Market Entry

2005 Opening Samyang Genex Food (Qinhuangdao) Starch Sugar Refinery in China
2006 “Sudang Prize” Restored to Succeed and Advance Sudang Philosophy
2009 Establishment of Samyang Innochem and BPA Production

2010 Samyang EP Hungary and Entry into the Europe Market
2011 ~ 2020
Transforming into
a stronger Samyang
through continuous
innovation
2011 Transition to Holding Company System and Business Reorganization
2012 Showcase of Samyang Group’s Technologies, The First Samyang Innovation R&D Fair

2013 Development of Specialty Food Ingredients
2013 Launch of ‘Q.One Easy Tomorrow' Korea's Representative Hangover Relief Product
2014 Baekdu-daegan Mountain Ridge Thru-Hiking Confirmed Samyang’s Determination for a Centennial-Old Company

2014 The World's Second Commercial Production of Eco-friendly Bioplastic Material, “Isosorbide”
2021 ~ 2024
Unceasing challenges
beyond a century-old
corporation toward
a better future
2021 Acquisition of NC Chem, a fine chemical for semiconductor manufacturer
2022 Korea’s First Isosorbide Gunsan Factory,Emerged as a Hub for White Biotechnology

2022 Publication of Samyang Group Sustainable Management Report and Establishment of Multi-Faceted Foundation for ESG Management
2022 Launch of Global Allulose Brand for the International Market
2023 Acquisition of ‘Verdant Specialty Solutions’, a Leap toward a Global Specialty Chemical Company
100th anniversary of Samyang Group's foundation

1920
1930
1940
1950
1960
1970
1980
1990
2000
2010
2020
2030

Early Stage
Pioneering Stage
Leap Stage
Growth Stage
Development Stage
Revival Stage
Expansion Stage

1924 ~ 1950

The dream of national
economic independence
and modernization

1951 ~ 1974

Diversifying businesses to
contribute to a prosperous
national life

1975 ~ 1987

Starting anew after half
a century of foundation

1988 ~ 2003

Securing a future
growth engine through
the enhancement of
its business structure

2004 ~ 2010

Creating corporate value
through abundance and
convenience

2011 ~ 2020

Transforming into a stronger
Samyang through
continuous innovation

2021 ~ 2024

Unceasing challenges
beyond a century-old
corporation toward
a better future

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Posted on March 28, 2023

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