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History

2020 sustainable growth

연혁
  • 2023

    • May. Reorganized to separate representative system
    • May. Spin-off of fine chemicals and all-solid-state battery materials business division, establishment of ISU Specialty Chemical
    • Apr. Began construction of Smart Farm Package Project in Australia.
  • 2022

    • Nov. ISU LONGKUN Obtained 'High Technology Expertise' certification.
    • Aug. Initiated of joint research on crop materials with the Korea Institute of Science and Technology(KIST)
    • Jul. Released the first sustainability report
    • Apr. Started construction of lithium sulfide (Li2S) demonstration plant
  • 2021

    • May. Selected to participate in a national project developing of all-solid-state battery raw material technology
    • Apr. Selected as a cooperative organization in the development of hydrogen storage technology for Ulsan City's policy task
  • 2020

    • Nov. Selected to participate in a national project developing of all-solid-state battery raw material technology
    • Jun. Achieved the highest grade in the process safety management performance evaluation at Onsan plant

2010 Enter the Global Market

Established the LAB Production Corporation in China Completed the MEK Plant in China

연혁
  • 2019

    • Sep. 09 Completed 50,000m2 (5ha) smart farm in Yining County, Xinjiang Province, China
    • Jun. Obtained certification for safety management system(ISO 45001)
  • 2018

    • Jun. Conversion to ISO 9001 : 2015 revision
    • Apr. Signed a JV agreement with LONGKUN Agroforestry Development Co. Ltd in Xinjiang Province, P.R.C.
  • 2016

    • Mar. Changed corporate name to ISU Chemical CO.,Ltd
  • 2013

    • Oct. Was awarded the 50th KITA Award for achieving 500 million USD in exports
    • Jan. Established a representative agency in Singapore
  • 2012

    • Oct. Completion of NaSH Plant
    • Oct. Completion ceremony of GOC LAB plant in China
  • 2011

    • Dec. Was awarded the 48th KITA Award for achieving 400 million USD in exports
    • Oct. Contracted for the joint development of PT manufacturing technology
    • Oct. Contracted for the MEK joint venture

2000 Challenge for Growth

Advanced in IPA business Opened overseas office in Mexico/China Established European LAS Production Base

연혁
  • 2009

    • Dec. Established Great Orient Chemical Taicang Co.,LTD. in Taicang, China
  • 2008

    • Sep. Succeeded in developing ‘NMP’ independently
    • Mar. Completed the IPA Plant
  • 2007

    • Dec. Merged ISU Germany with ISU Europe
    • Mar. Established a representative agency in Shanghai
  • 2004

    • Oct. Won 8th Industry Peace Prize in Ulsan
    • Apr. Established a liaison office in Mexico City
    • Mar. Established ISU Chemical Gmbh in Mannheim
  • 2003

    • Nov. Won 11th quality management award in Korean National Quality Award
    • Oct. Won KS Grand Prize
    • Sep. Selected as a leading company for new labor-management culture
  • 2002

    • Aug. Acquired Marcel plant in France

1990 Growth and Jump

Changed the company name to ISU Chemical Co., Ltd. Entered into NP and TDM business. Exported more than 100 million dollars. Was ranked 35th in the Forbes’ World’s 100 Best Mid-Sized Companies.

연혁
  • 1998

    • Jun. Was awarded the Excellent TPM Company Award
    • Jun. Revamped(2nd) the NP Plant 4 (to annual output of 216,000MT)
    • Feb. Completed the precision chemistry plants
  • 1997

    • Nov. Created a JV lubricant sales company in Poland (ISUTLI Sp.zo.o.)
    • Nov. Completed the TDM plant (annual output of 6,000MT)
    • Oct. Revamped(4th) the linear alkylbenzene plant (LAB: annual output of 140,000MT)
    • Jun. Was certified for environmental management system (ISO 14001: DNV Certification Agency)
  • 1996

    • Nov. Was recognized by Minister of Science and Technology for a new domestic technology manufacturing refrigeration oil (for R-134a)
    • Oct. Revamped the Special Solvent plant (annual output of 27,000MT)
    • Oct. Revamped(first) the N-P Plant 4 (annual output of 198,0100MT)
    • Mar. Changed the company name to ISU Chemical Co., Ltd
    • Feb. Was awarded the Economic Justice Company Award
  • 1995

    • Nov. Was awarded the 100-Million-Dollar Export Tower
    • Nov. Was certified for quality management system (ISO 9001, KSA 9001: DNV Certification Agency, KSA)
  • 1994

    • Dec. Was awarded the Office Environment Grand Prize.
    • Dec. Signed the overseas joint venture contract regarding DIY-CORE for TVs (China)
    • Sep. Completed the Special Solvent plant (annual output of 12,000MT)
    • May. Revamped(3rd) the N-P plant (annual output of 186,000MT)
    • Mar. Completed the special solvent plant (annual output of 35,000MT)
  • 1993

    • Aug. Revamped(3rd) linear alkylbenzene (LAB; annual output of 120,000MT)
    • Jul. Completed its head office
  • 1992

    • Feb. Renovated(2nd) the N-P plant
  • 1991

    • Nov. Revamped(first) the N-P plant (annual output of 158,000MT)
  • 1990

    • Sep. Completed the Onsan plant for normal paraffin (annual output of 132,000MT)

1980 Challenge and Maturation

Honored with 50-Million-Dollar Export Tower. Completed the LAB plant, which starts production. Created a technology institute.

연혁
  • 1989

    • Jan. Filed the technology introduction contract regarding the manufacturing process of the hydrogen plants.
  • 1988

    • Dec. Filed the technology introduction contract regarding the manufacturing process of the propylene plant.
    • Nov. Was awarded the 50-Million-Dollar Export Tower.
    • Oct. Increased its capital by 60% (27.84 billion won of equity capital)
    • Sep. Filed the technology introduction contract with UOP regarding the normal paraffin manufacturing technology, and was awarded the Productivity Grand Prize in the “cost reduction” section. (Korea Productivity Center)
    • Apr. IPO (17.4 billion won of equity capital)…Initial public offering
    • Mar. Signed the technology introduction contract concerning grease manufacturing technology, with a France-based Total CFP company
    • Mar. Completed the special industrial oil plant
  • 1987

    • Nov. Was awarded the Presidential Award for its contribution to energy saving.
    • Oct. Completed the lubricant plant (Onsan: annual output of 73,000KL)
    • Jul. Transferred the entire distribution business
    • Jun. Revamped the linear alkylbenzene (LAB) plant (annual output of 100,000MT)
    • Jun. Revamped the branched alkylbenezene (BAB) plant (annual output of 20,000MT)
    • Jun. BAB plant was capable of producing LAB (annual output of 30,000MT)
    • Apr. Was awarded the Science & Technology Promotion Bronze Tower Industrial Medal
    • Mar. Acquired Ilkwang Chemical Industry
  • 1986

    • Nov. Was awarded the 20-Million-Dollar Export Tower
    • Jun. Revamped(2nd) the linear alkylbenzene (LAB) plant (annual output of 50,000MT)
    • Mar. Signed the technology introduction contract for lubricant manufacturing technology, with a France-based company, Total
  • 1985

    • Jun. Revamped(1st) the linear alkylbenzene (LAB) plant (annual output of 30,000MT)
  • 1982

    • Mar. Completed the PILOT plant and the hydrogen refining plant

1969~ Birth and Pioneering

Jan. 1969 Launched in the name of ISU Chemical Industry Co., Ltd. The very first branched alkylbenzene producer in South Korea.

연혁
  • 1980

    • Aug. Completed the linear alkylbenzene (LAB) plant in Ulsan (annual output of 20,000MT)
  • 1978

    • Dec. Signed a contract with US U.O.P to introduce PROCESS technology.
    • Sep. Started the construction of the linear alkylbenzene (LAB) unit.
    • Aug. Registered to the petrochemical industry of branched alkylbenzene (BAB) (annual output of 20,000MT)
  • 1973

    • Apr. Started to produce branched alkylbenzene
    • Jan. Completed the branched alkylbenzene (BAB) plant in Ulsan (annual output of 13,000MT)
  • 1971

    • Apr. Started construction branched alkylbenzene BAB) UNIT.
  • 1970

    • Apr. Contracted for the Ulsan petrochemical complex building lots
  • 1969

    • May. Contracted for the introduction of patented technology and secured an authorization for the loan contract by the government.
    • Jan. Established and Registered the company (ISU Chemical Co., Ltd.)
    • Jan. Contracted for the loan with UHDE from Western Germany