Cheil Industries is a diversified materials company. Established in 1954 as a textile manufacturer, it has been a significant contributor to the development of the Korean textile industry. Cheil Industries successfully transformed itself from a textile company into a leading producer of fashion, chemicals and electronic chemical materials. Its major products are synthetic resins such as ABS, PS and electronic chemical materials for semiconductor and digital display. The company is also home to leading Korean fashion brands such as Bean Pole, Galaxy, Rogatis and premium suit LANSMERE.

In 2006, the company concentrated on securing a global presence in the world market, ensuring a stable earnings structure in each industry with future growth potential. As a result, sales and operating profits rose to KRW2.8 trillion and KRW229.1 billion, respectively, at year-end. Net profit was KRW156.8 billion, the largest ever for two consecutive years.

Going forward, we fully pledge to continue our unparalleled dedication to the pursuit of meaningful advances and flawless execution as a prestigious global company, designing the future.

In the chemical business, we will strengthen our global competitive edge by developing high-end, differentiated products, strengthening product portfolios and building foundations for global business.

In the ECM division, we will continue to drive scale and profitability by focusing on business with growth potential and expanding display and semiconductor process materials.

The fashion business will highlight high-end brand values and concentrate on future growth. The company will also strengthen business capabilities, secure future growth engines through diversification, and enhance infrastructures for global business.