Kolon Industries Overview and Company Information

Kolon Industries is a South Korean chemical and textile company that was founded in 1953 by Lee Woong-jae. It has a rich history of innovation and growth.

The company started as a small textile mill but quickly expanded into the chemical industry, producing a range of products including plastics, fibers, and chemicals.

Kolon Industries has a global presence with operations in over 20 countries and a diverse portfolio of businesses that includes textiles, chemicals, and construction materials.

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Kolon Industries, Inc has a significant presence in the global market. The company's annual revenue was $3.7 billion in 2025.

With revenue of this magnitude, it's clear that Kolon Industries, Inc is a major player in its industry.

The company's financial standing is a testament to its success and growth over the years.

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Kolon Industries has a strong leadership team, with two Chief Executive Officers (CEOs) at the helm. Seok-Jin Yoo and Seong Heo are both 60 and 64 years old, respectively.

The company's Executive Committee is led by Seok-Jin Yoo, who has been in his position since - unknown date. Seong Heo took over as CEO in 2025, while Chul-Soo Kim has been the Director of Finance/CFO since 2014.

The Board of Directors consists of seven members, with Chul-Soo Kim serving as a Director/Board Member since - unknown date. The other directors have joined the board at various points since 2014, with the most recent additions being Ki-Yong Bae and Yong-Taek Hong in 2020.

Here's a list of the Board of Directors:

The Executive Committee of Kolon Industries, Inc. is responsible for making key decisions and overseeing the company's operations.

Seok-Jin Yoo has been the CEO since an unknown date, but he's 60 years old.

Seong Heo took over as CEO on March 25, 2025, and he's 64 years old.

Chul-Soo Kim has been the Director of Finance/CFO since August 13, 2014, and he's 67 years old.

Ik-Gyung Sung and Young-Baek Choi are both Chief Technology/Science/R&D Officers, but their start dates are unknown.

Ik-Gyung Sung is 65 years old, and Young-Baek Choi is 61 years old.

Here's a list of the Executive Committee members:

The Board of Directors at Kolon Industries, Inc. is comprised of seven members, each with a unique background and experience.

Chul-Soo Kim, the oldest member at 67, has been a Director/Board Member since the company's inception.

Han-Joo Yoo, also 66 years old, joined the board in 2014, along with Chang-Hwan Joo who shares the same age and joining date.

Tae-Hee Kim, at 71 years young, has been a Director/Board Member since 2016, while Jae-Won Lee and Min-Tae Kim, both in their 60s, joined the board in 2019.

Ki-Yong Bae, a younger member at 54, and Yong-Taek Hong joined the board in 2020, with Hee-Gon Eun and Ok-Jung Kim joining in 2022.

Kolon Industries has a significant number of shareholders, with the largest being KOLON CORPORATION, holding 33.43% of the company's equities.

The National Pension Service of Korea is another major shareholder, owning 6.709% of the company's equities.

Woong-Yeol Lee is also a notable shareholder, holding 1.185% of the company's equities.

Additional reading: DuPont V. Kolon Industries

The company has a diverse range of shareholders, including institutional investors like Mirae Asset Global Investments Co., Ltd. and State Street Global Advisors Ltd.

Mirae Asset Global Investments Co., Ltd. holds 0.3722% of the company's equities, while State Street Global Advisors Ltd. owns 0.0758%.

Here is a breakdown of the top shareholders:

Kolon Industries also has a number of holdings, with KOLON ENP being the largest, holding 66.68% of the company's equities.

The company's holdings are valued at 124,618,572 $.

Here is a breakdown of the company's holdings:

Kolon Industries has been classified under various NAICS codes, including 32599, 3251, 325, 3259, 325998, and 32.

The company's NAICS codes suggest that it operates in the manufacturing sector, with a focus on chemical manufacturing.

Kolon Industries has also been assigned SIC codes 23 and 239, indicating its involvement in the chemical and allied products industry.

In the Textiles & Leather Goods industry, we see companies like Kolon Industries, Inc. experiencing significant changes in their financial performance.

Kolon Industries' net income declined by 39% in Q2, a notable drop in their financial health.

Their operating profit for Q2 was 45.3 billion won, which is a 25.7% decrease from the same period the previous year.

These numbers highlight the challenges faced by companies in this industry, and the need for close monitoring of financial performance.

Here are some key financial metrics for Kolon Industries' Q2 performance:

These metrics provide a snapshot of the company's financial performance and can be used for comparison and analysis.

NAICS is a system used by the US Census Bureau to classify businesses based on the type of work they do. It's a six-digit code that helps identify the industry and classification of a company.

Kolon Industries, Inc has multiple NAICS codes, including 32599, 3251, 325, 3259, 325998, and 32. This indicates that the company operates in various sectors.

The NAICS code for a business can be found on its official website or through the US Census Bureau. It's a useful tool for researchers, entrepreneurs, and anyone looking to understand the industry landscape.

NAICS codes can be quite long, but they provide a clear and standardized way to identify a company's primary and secondary activities.

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The SIC code is a four-digit number used to classify industries in the US. It's a crucial tool for businesses and researchers alike.

Kolon Industries, Inc has SIC codes 23 and 239, which indicates its involvement in specific sectors.

SIC codes are often used to identify a company's main line of business.

You can access shipment records for various industries, including manufacturing, wholesale, and retail.

The records can be obtained from the National Transportation and Safety Board (NTSB) for incidents involving hazardous materials.

The NTSB provides detailed information on the cause of the incident, the damage caused, and the measures taken to prevent future incidents.

The records are available online and can be searched by date, location, and type of incident.

The information is publicly available and can be used to identify trends and patterns in shipping incidents.

The NTSB also provides guidance on how to prevent shipping incidents and how to respond in case of an emergency.

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Kolon Industries faced a significant setback in 2011 when a jury in the U.S. District Court for the Eastern District of Virginia ruled in favor of DuPont, awarding damages of $919.9 million.

The judgment was a result of a multiyear campaign by DuPont to protect its intellectual property, specifically its aramid fiber technology. Kolon had engaged consultants who allegedly provided DuPont's proprietary information, which the company claimed was public knowledge.

DuPont's President, Thomas G. Powell, emphasized the importance of protecting its research and development investment, stating that the company would pursue all legal remedies to safeguard its intellectual property.

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Destruction of evidence can have severe consequences in a court of law. The court found that Kolon intentionally destroyed relevant evidence on July 21, 2011. This behavior resulted in Kolon being sanctioned, with the jury given an adverse inference instruction. Kolon was also ordered to pay DuPont's costs in connection with the motion. At least 17,811 files and emails were deleted, many of which were deemed relevant to the case. The court deemed the actions taken by Kolon's employees as intentional, in bad faith, and quite serious.

A jury in the U.S. District Court for the Eastern District of Virginia found in favor of DuPont, awarding damages of $919.9 million on September 14, 2011.

Kolon announced its intention to appeal the judgment, describing it as "the result of a multiyear campaign by DuPont aimed at forcing Kolon out of the aramid fiber market".

The company also confirmed its plans to continue a retaliatory antitrust case against DuPont, alleging monopolistic practices.

DuPont's President, Thomas G. Powell, praised the judgment, stating it was "one of the largest in defense of business processes and technologies".

The size of the award sends a message to potential thieves of intellectual property that DuPont will pursue all legal remedies to protect its research and development investments.

DuPont intends to seek the award of costs and injunctive relief, requiring Kolon to return the stolen information and cease production of products made using the information.

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Kolon Industries operates in a competitive market with several key players.

Kolon Industries is headquartered in Seoul, South Korea, which is also the location of Hyosung Corp and Kukdo Chemical Co Ltd. Eastman Chemical Co is based in the United States, in the state of Tennessee, while Teijin Ltd is headquartered in Japan, in the Tokyo region.

The number of employees at Kolon Industries is 3,767, which is significantly lower than Eastman Chemical Co's 14,000 employees. Teijin Ltd has the largest workforce with 21,834 employees, followed by Hyosung Corp with 7,778 employees.

Here's a comparison of the headquarters and number of employees of the key competitors: