Jaewon Industry, Geunwoo, and Busan Facilities Corporation Receive Presidential Citation

The 48th National Productivity Conference
Presidential Citation for Productivity Innovation

At the 48th National Productivity Conference, companies and institutions that have played a leading role in national industrial development by dedicating themselves to productivity innovation activities were honored with awards. Notable recipients of the Presidential Citation in the group category include Jaewon Industry, Geunwoo, Busan Facilities Corporation, and Korea Industrial Human Resources Corporation.

Founded in 1987, Jaewon Industry has grown into the world's leading distillation technology company, producing high value-added petrochemical products in the semiconductor and secondary battery sectors. Starting with the specialized production of small-quantity, multi-product high value-added petrochemical products and industrial alternative fuel oil, it recently began producing solvents used in electronic products and semiconductor material manufacturing processes, as well as materials for electric vehicle batteries, using proprietary technology. Through continuous investment in research and development, it has established a super-gap technology base and operates production facilities stably at major global hubs including Korea, China, Malaysia, Hungary, and the United States as a global materials specialized company.

Jaewon Industry also engages in various social contribution activities. The Jaewon Scholarship Foundation, which has established a scholarship fund totaling 4.4 billion KRW, has selected and awarded scholarships to over 1,020 students since 2002. To support the stable settlement and living of marriage immigrants, it has established and operates multicultural welfare support after raising approximately 2.7 billion KRW in funds. Additionally, it actively participates in diverse social contribution activities such as supporting construction costs for establishing youth education support centers, donating funds, and sponsoring events.

At the 48th National Productivity Conference held on the 7th at the Korea Economic Association Conference Center, Park Sung-jung, Chairman of the Korea Productivity Center, is delivering the opening address. Provided by Korea Productivity Center

Geunwoo is a company specializing in electrical, fire-fighting, and information communication fields required for data centers, factories, and large buildings. It is recognized for possessing top manufacturing technology and construction capabilities across various industries related to electricity, including renewable energy. Especially, infrastructure in the AI era, which must process enormous amounts of data, plays a key role in securing eco-friendliness. Over the past three years, it has achieved an average annual sales growth rate of 33% and an annual employee growth rate of 19%, contributing to productivity improvement through the commercialization of patents.

Geunwoo also annually assesses its organizational health index and continuously improves the workplace environment and safe working conditions at construction sites. For its employees, it has established programs such as performance-based incentive systems, awards for outstanding employees, long-term service awards, dormitory operation, tuition support, and annual comprehensive health checkup expense support.

Busan Facilities Corporation, as a safety inspection specialized institution, has reduced safety inspection budgets and established a disaster management response system by introducing advanced digital new technologies. It also leads the creation of creative and innovative services as a public enterprise, including safety inspections of socially vulnerable facilities.

Korea Industrial Human Resources Corporation received the Presidential Citation as a leading company in the 4th Industrial Revolution. By establishing a national qualification digital badge system applying blockchain technology, it contributed to productivity improvement by reducing administrative and time costs required for issuing, submitting, and verifying certificates.

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