Korea Engineering Plastics (KEP) introduced
the polymerization of polyacetal to Korea in 1987,
when we built the first POM production facility in Ulsan.
With a nameplate production capacity of 145,000 MTs (300+ million pounds)
per year, KEP is a leading global supplier of copolymer POM
KEP JV restructuring for a manufacturing oriented business.
2021
Transfer of 10% Shares from Mitsubishi Corporation to Global Polyacetal Co., Ltd
2013
Expanded our Ulsan POM facility to a nameplate capacity of 145,000 MTs (300+ million pounds) per year
Selected as one of World Class Products by Ministry of Knowledge Economy
2012
Received a grand prize from Korea Foundation for Quality in the “New Quality SR (Social Responsibility)” category
2008
Started our super high performance engineering (extra high modulus) polymer MXD6
2005
Received New Quality Innovation Award by Korea Foundation for Quality
2004
Became active in high performance engineering polymers (PPS, LCP & KEP-PEEK)
2002
Completed the Pyeongtaek EP (PA6, PA66, PBT) facility with a nameplate production capacity of 5,000 MTs (11 million pounds) per year
2000
KEP earned ISO/TS 16949 for Automotive quality control management. This was the first ISO certification of a Korean chemical company. We also earned ISO14001 certification for environmental stewardship
1999
Hyosung's shares were transferred to the global integrated chemical company Celanese. Celanese (50%), MGC (40%), MC (10%)
1997
Received QS9000 / ISO 9001 certification
1994
Earned ISO9002 certification from TUV Rheinland
1988
Commercial production of POM begins at the Ulsan facility, the first of its kind in Korea.
1987
Korea Engineering Plastics Co., Ltd. Established: Hyosung (50%), MGC (40%), MC (10%)