Tag: Kumho Petrochemical

Kumho Petrochemical

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Kumho Petrochemical aims to turn crisis into opportunity with innovative R&D, investments

Kumho Petrochemical is seeking to turn crisis into opportunity with a shift to a high value-added business structure in the face of a decrease in global supply and increased competitiveness with an enhanced portfolio built on a deep analysis of...

2026.3.6

Kumho Petrochemical employees donate coal briquettes to disadvantaged households in Daejeon. [KUMHO PETROCHEMICAL]

Kumho delivers warm hearths with warm hearts

Kumho Petrochemical, headed by CEO Baek Jong Hoon, spread Christmas cheer with donations of “coal briquettes of love” for residents of Daejeon, where the chemical company’s Central Research Institute is located.

2024.12.31

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Park Chan-koo, chairman of Kumho Petrochemical [KUMHO PETROCHEMICAL GROUP]

Kumho Petrochemical, related companies to invest 6 trillion won

Kumho Petrochemical and related companies will invest a total of 6 trillion won ($4.8 billion) over five years into materials used in electric vehicles (EVs) and hydrogen cars.

2022.6.6

Kumho Petrochemical's shareholders' meeting is being held Friday. [KUMHO PETROCHEMICAL]

Kumho Petrochemical chairman takes win over nephew at shareholders' meeting

Kumho Petrochemical Chairman Park Chan-koo claimed victory at the company's general shareholders' meeting Friday as the National Pension Service (NPS) and individual shareholders sided with him over his nephew Park Chul-whan.

2022.3.25

Park Chan-koo resigns as CEO of Kumho Petrochemical

Park Chan-koo resigned as CEO of Kumho Petrochemical and stepped down from the board.

2021.5.5

Kumho Petrochemical Chairman Park Chan-koo, left, and Park Chul-whan, the company's largest shareholder. [JOONGANG PHOTO]

Kumho Petrochemical’s largest shareholder fired from job

Kumho Petrochemical’s largest shareholder was fired from his executive position at the company after pushing for an increase in the dividend and a board position for himself.

2021.3.31

Kumho Petrochemical’s shareholder meeting held in central Seoul on Friday. [KUMHO PETROCHEMICAL]

Chairman's nephew loses battle at Kumho Petrochemical

Shareholders rejected Park Chul-whan bid to get on the board of Kumho Petrochemical at an annual general meeting in central Seoul on Friday, along with his proposal to increase the dividend by almost ten times.

2021.3.26

Park Chul-whan, a senior vice president at Kumho Petrochemical, speaks at a press event in central Seoul last week. [NEWS1]

Glass Lewis, ISS split on Kumho Petrochemical proposals

Glass Lewis, an American proxy advisory, sided with Kumho Petrochemical senior vice president Park Chul-whan in an ongoing dispute against the company’s chairman over management control.

2021.3.17

Park Chan-koo, Kumho Petrochemical CEO, left, and Park Chul-whan, the company's senior vice president. [NEWS1]

ISS opposes Kumho Petrochemical's top shareholder

Efforts by Kumho Petrochemical’s largest shareholder to shake up the company has hit a major snag, as a proxy advisory group recommended shareholders vote ‘no’ to the resolutions he proposed.

2021.3.15