Kim Yoon, Chairman of Samyang Group, "100th Anniversary Will Mark the Beginning of New Changes"

Global Specialty Business-Centered Portfolio Transformation
100th Anniversary Commemorative Logo Unveiling

Kim Yoon, Chairman of Samyang Group, stated on the 2nd, "We will make 2024, the 100th anniversary of our founding, the first year of transformation to be reborn as a new Samyang."

In his New Year's address at the Samyang Discovery Center in Pangyo, Seongnam-si, Gyeonggi Province, Chairman Kim said, "Over the past 100 years, Samyang Group has evolved through continuous challenges and efforts in various fields such as food, chemicals, packaging, and bio, growing into a leading company representing South Korea."

Kim Yoon, Chairman of Samyang Group, is delivering the New Year's address at the 2024 opening ceremony held on the 2nd at the Samyang Discovery Center in Pangyo.
[Photo by Samyang Group]

He evaluated last year as a meaningful year in which Samyang Group laid the foundation for full-scale global business expansion by acquiring Verdant, a U.S. specialty chemical materials company, and completing a biodegradable suture factory in Hungary.

He added, "The three core management policies that must be steadily maintained this year are the shift to a global specialty business-centered portfolio, strengthening cash flow management, and accelerating digital transformation."

Chairman Kim said, "Concerns about a global economic slowdown are increasing again this year, and South Korea's economic environment is also expected to remain sluggish. Although the environment is difficult, as it is the first year to start a new 100 years, please approach it with a sense of mission and determination to achieve the goals."

At the opening ceremony, Samyang Group also unveiled its 100th anniversary commemorative logo. The logo symbolically represents a vessel containing the story of 100 years and a window looking into the future, with a circle inherited from the existing logo and an ellipse derived from it meeting and intersecting from different directions. Samyang Group plans to apply the 100th anniversary commemorative logo in various colors and forms to products produced this year.

Samyang Group's 100th Anniversary Commemorative Logo

This content was produced with the assistance of AI translation services.