Kumyang Co., Ltd. announced that it has received KRW 5 billion in funding from KB Securities Co., Ltd., Investment Arm, Samsung Securities Co. Ltd., Investment Arm, Shinhan Investment Corp., Investment Arm
December 21, 2017
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On December 22, 2017, Kumyang Co., Ltd. (KOSE:A001570) closed the transaction.
KUM YANG CO., LTD. is a Korea-based company engaged in the manufacture and sale of chemicals and related products. The Company's product portfolio consists of chemical blowing agents, which are chemical additives used to evolve gas through thermal decomposition and produce foam structures in a polymeric matrix; capsulated blowing agents, which are used for polyvinyl chloride (PVC) sandals, artificial leather, screen printing, printing ink and other areas; master batches, which make processing circumstance clean without flowing powders and chemicals loss; titanium dioxides, which are used for coating industry, plastics and others, as well as flame retardant and other products. The Company distributes its products within domestic market and to overseas markets. On February 26, 2014, it acquired whole shares of KUMYANG NEIMENGGU CHEMICAL CO.,LTD, a China-based blowing agent manufacturing company. After that, the Company holds 100% of KUMYANG NEIMENGGU CHEMICAL CO.,LTD.
Kumyang Co., Ltd. announced that it has received KRW 5 billion in funding from KB Securities Co., Ltd., Investment Arm, Samsung Securities Co. Ltd., Investment Arm, Shinhan Investment Corp., Investment Arm
KUMYANG CO., LTD. 
