Chemicals & Materials

Kumho P&B Chemicals. Inc

Company Profile Analysis

ESOMAR 23 Corporate BadgeISO Certifications Badge
Kumho P&B Chemicals. Inc - Chemicals & Materials showcase

Year Founded & Workforce

1975-12-31

385 Employees

Industry

Chemicals & Materials

Services

K

Kumho P&B Chemicals. Inc Overview

Company Headquarters: Seoul, Korea

Founded: 1976

Workforce: ~ 385

Company Working: Kumho P&B Chemicals. Inc (KPBC) is a leading petrochemical company based in South Korea. KPBC has established itself as a prominent player in the global petrochemical industry. The company specializes in the production and distribution of a wide range of petrochemical products, including polymers, synthetic resins, and specialty chemicals. The company places a strong emphasis on research and development, constantly striving for innovation and product improvement. The company has its presence in Europe, North America, Asia Pacific, Latin America, and Middle East regions. KPBC products find application across various industries, including automotive, electronics, packaging, and construction. KPBC commitment to quality, innovation, sustainability, and customer satisfaction positions it as a trusted partner in the petrochemical industry, driving growth and delivering value to its customers worldwide.

Strategy

KPBC follows a strategic approach focused on innovation, sustainability, and customer-centricity. The company aims to maintain its position as a leader in the petrochemical industry by continuously investing in research and development, driving technological advancements, and improving product quality. KPBC places a strong emphasis on sustainability, integrating eco-friendly practices into its operations to minimize environmental impact. The company's strategic direction also prioritizes close collaboration with customers, understanding their needs, and providing tailored solutions and technical support. By combining innovation, sustainability, and customer-centricity, KPBC strives to create long-term value, foster growth, and establish enduring partnerships in the global petrochemical market.

Company Snapshot

$3,847.6M

Revenue

385

Employees

1975-12-31

Founded

Seoul, Korea

Headquarters

SWOT Analysis

Strengths

  • Strong monopoly and reputation of the company
  • Diverse and innovative product mix
  • Good at product demand forecasting

Weaknesses

  • Less industry experience
  • Extra cost of building new supply chain and logistics network
  • Declining market share

Opportunities

  • Decreasing cost of fright and transportation
  • Local Collaboration
  • Opportunities in Online Space

Threats

  • Shortage of skilled human resources
  • Emergence of new players may pose threat

Key Developments

DateApproachDevelopment
February 2023AcquisitionKumho Petrochemical has acquired ISCC PLUS, an international sustainability & carbon certificate to increase its sustainable credibility in the industry. The acquisition is expected to bring the better clearance in policy and regulations with respect to environmentally friendly productions.
October 2021PartnershipKumho Petrochemical has entered into partnership with Shanghai Kumho-Sunny Plastics Co., Ltd to increase its production of polystyrene resins by three times by 2024.
May 2021AcquisitionKumho Petrochemical has acquired Kumho Polychem to establish its leadership in the synthetic rubber industry. The company holds 50% of shares with joint venture with JSR Corporations. The acquisition is expected to enhance Kumko Petrochemical industry competitiveness in synthetic polystyrene sector.

Product Offering

  • Kumho P&B Chemicals. Inc
    • Impact Polystyrene

Financial Performance

A plan for every need

Forecast+

Get unlimited access to forecasts, charts, and company data across every research report on Wantstats.

USD200/mo

About the Author

Wantstats Research Team

Wantstats' research desk profiles Kumho P&B Chemicals. Inc as part of our ongoing coverage of the Chemicals & Materials sector, drawing on public company data, filings, and market intelligence.

Powering the world's best teams.
From next-gen startups to established enterprises.

Google logo
Amazon logo
Microsoft logo
Intel logo
Neste logo
McKinsey & Company logo
Deloitte logo
Accenture logo
Oracle logo
PWC logo
EY logo
Honeywell logo

See our work in action

Start your data driven journey with us!

Book a Demo Now

What our clients say

Trusted by forward-thinking businesses
for data-driven intelligence

Noah Malgeri
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
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
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
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.
Noah Malgeri
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
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
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
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.

Kumho P&B Chemicals. Inc

Starting from
$4,950