History
- 1999 ~ 1999~Foundation
1990's
Choice and concentration for great leap forward
Examined the feasibility of materials including PP · PET nowovens, RO filter and functional films and moved business forward to transform into a total chemical materials maker. Incorporated into Saehan Group after being separated from Samsung Group, we made aggressive, active investment for external growth.
Film and fiber division entered strategic partnership with Toray to cope with rapidly changing business environment and intense competition in the market. Successful establishment of Toray Saehan, joint venture between Toray and Saehan in 1999 opened the door to new opportunity. Toray Saehan and Saehan Industries got off to a fresh start, working toward becoming topmost in their fields
1970~80's
New dawn in the history of the Korean chemical fiber industry
In July 1972, Cheil Industries and Toray established joint venture, Cheil Synthetics to cope with the rapidly growing chemical fiber industry. In 1974, it began Polyester Staple Fiber (PSF) business through technical cooperation with Toray and set up integrated production system for chemical fiber, fabric and dyeing process. With high quality products, Cheil Synthetics took over the Korean market, expanded exports and thereby became the leader in the Korean chemical fiber industry.
In 1985, it added new film facilities to broaden horizon beyond fiber business and expand business. It especially opened R&D Center in its early years and actively invested in research and development to build a solid foundation for further growth.