Kolon Industries Inc.

Company Overview

Kolon Industries Inc. is a Korean manufacturing company founded in 1957. Kolon started its material business in the 1990s based on its integrated fundamental technologies such as polymer synthesis and processing, process control and formulation technologies. In 2008, Kolon Industries won the Chang Young Shil Award for localization of diaspheres. In 2014, the company further developed high-quality diffuser particles called Diasphere.

Kolon Industries’ Diasphere product is of interest to this report. Diasphere is a spherical polymer particle with sizes ranging from 1 to 60 microns. PMMA, PBMA (poly t-butyl methacrylate) and silicon are among of the Diasphere materials manufactured by Kolon.

Kolon targets applications in LCD films, plastic light diffusers, spacers for LCD panels, paint and ink additives, resin modifiers, and cosmetic fillers. The company continues to develop new products and technologies around its core capabilities. Kolon Industries generated revenue of $3.7 billion in 2020, and $3.8 billion in 2019.

Financial Highlights (FY 2023)

Company's Business Segments

• Industrial Materials : This segment includes producing Automotive, Advanced Materials.
• Chemical : This segment includes Industrial, Residential purposes.
• Film / Electronic Materials : This segment includes Applied In-Displays, Solar Devices.
• Fashion : This segment includes Clothing, Kolon Industries FnC.
• Others : This segment includes Capital Gains, Other income.