Life's ingredients Samyang.

	About Samyang > History

Oct. 1924
Founded Samsu Company
Established Jangseong Farm

Apr. 1931
Company name changed to Samyang Corporation

Jun. 1939
Founded Korea’s first private scholarship foundation Yang Young Foundation

Dec. 1955 Food Business begun (with completion of Ulsan sugar refining plant)

Jan. 1956 “Samyang Sugar” put on market

Oct. 1968
Established Sudang Foundation

Dec. 1969
Chemical fiber business begun (with completion of Jeonju polyester fiber plant)

Dec. 1975
Feed business begun (with completion of Mokpo feed plant)

Apr. 1976
Corporate Headquarters Bldg. completed in Yeonji-dong, Seoul

Dec. 1976
Ion exchange resin business begun

Aug. 1977
Acquired Incheon Heavy Machinery
(renamed Samyang Entech in 2009)

Apr. 1979
Opened Samyang R&D Center in Jeonju

Dec. 1984 Acquired Sunil Glucose (renamed Samyang Genex in 1995

Jan. 1988 PET bottle business begun (with completion of Daejeon plant) Established Samnam Petrochemical

Apr. 1988 Acquired Shinhan Flour Mills (renamed Samyang Milmax in 2004)

Mar. 1989 Established Samyang Kasei

Feb. 1992 Rewarding Workplace Grand Prize received (from Korea Employers Federation)

Aug. 1993 Opened Samyang Group R&D Center in Daedeok

Apr.1995 Established Samyang Data Systems

Nov. 1995 PET bottle recycling business begun (with completion of Sihwa plant)

Dec. 1996 Pharmaceutical business begun (with completion of Daedeok KGMP pharmaceutical plant)

Nov. 2000 Spun off polyester fiber business to establish Huvis Corporation

Jan. 2002 Developed Q.one family food brand

May 2002 Established Samyang Research Corp. in U.S.

May 2004 Established Samyang Engineering Plastics (Shanghai) in China

Aug. 2004 Established Samyang Welfood Corporation

Oct. 2004 new CI launched

Sept. 2005 Korea Financial Management Grand Prize received

Nov.2005 Acquired Adams Technology

Jun. 2006 Acquired Seven Springs Co., Ltd

Jul. 2006 Established Samyang F&D(Food&Dining)
Oct. 2009 Established Samyang Innochem