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Aekyung Chemical

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Aekyung Chemical is a South Korean chemical company supplying plasticizers, chemical intermediates, resins, adhesives and other materials for industrial applications.

Last updated September 25, 2026

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Overview

Aekyung Chemical Co., Ltd. is a South Korean petrochemical and materials company. The company presents itself as a provider of chemical solutions, with businesses spanning plasticizers, synthetic resins, household chemicals, and bio- and energy-related fields. Its website frames its approach around developing its business model, responding to future trends, and using energy and materials technologies to support customers and sustainable growth. Its listed product areas include general-purpose, functional and environmentally oriented plasticizers; phthalic anhydride, maleic anhydride and itaconic acid; ester lubricant base oils; unsaturated polyester and vinylester resins; coating resins; pressure-sensitive adhesives and other adhesives; and polyisocyanate hardeners. The company describes applications across construction materials, electrical wire, artificial leather, paints, inks, coatings, automotive and electronic materials, among others. The Korean Wikipedia entry also identifies hard carbon for sodium-ion batteries as a product area. The current company began operating under the Aekyung Chemical name in November 2021, following a merger of Aekyung Petrochemical, AK ChemTech and Aekyung Chemical. The predecessor Aekyung Petrochemical had a longer industrial history and was listed on the Korea Exchange in 1999, according to the company’s history page. The available sources do not establish the current company’s founding year, founder, present parent or ownership structure. The company’s published history records an 80% stake in Aekyung BioPharm in 2022 and a 50% stake in Vietnamese plasticizer producer and sales company VPCHEM in 2023. The company’s news page and website describe ambitions to expand specialty materials and battery-related materials, but the supplied material does not establish further corporate or financial details.

History

Aekyung Chemical’s corporate history combines the legacy of Aekyung Petrochemical with the capabilities of Aekyung Chemical and AK ChemTech. The company’s official history describes the 2021 launch of Aekyung Chemical as the result of a merger of those three businesses. The available timeline also records predecessor-company developments dating back to the late 1970s and 1980s, but the supplied excerpt does not provide a complete account of the company’s earliest origins. During the 1990s and 2000s, the predecessor business expanded its chemical manufacturing and operating capabilities. The official chronology records the opening of a plant in Cheongyang in 1992, ISO 9001 certification in 1995, a change of name from Samkyung Chemical to Aekyung Petrochemical in 1994, and listing on the Korea Exchange in 1999. In the following decade, the timeline notes the establishment of a central research institute in 2001, the formation of AK VINA in 2003, a polyurethane-system adhesive acquisition in 2005 and the establishment of a company in Ningbo, China, in 2006. It also records a biodiesel plant in 2007. The 2010s brought additional capacity and business developments. These included the establishment of a pressure-sensitive adhesive production facility and new or expanded plants in 2012, including a plant associated with secondary-battery anode materials in Jeonju. In 2012, Aekyung Petrochemical underwent a corporate split into AK Holdings and Aekyung Petrochemical as holding-company and operating-company entities. The official history also records export milestones and a 2016 DOTP technology export to Russia’s SIBUR Khimprom. In November 2021, Aekyung Chemical launched following the merger of Aekyung Petrochemical, AK ChemTech and Aekyung Chemical. Subsequent milestones listed by the company include the addition of Aekyung BioPharm as a subsidiary with an 80% stake in 2022, and the acquisition of a 50% stake in Vietnamese plasticizer producer and sales company VPCHEM in 2023. In 2024, the company records obtaining IATF 16949:2016 certification and being selected as an exemplary taxpayer. Its current public-facing materials describe a portfolio across plasticizers, synthetic resins, household chemicals, and bio- and energy-related businesses, while its Korean Wikipedia entry identifies hard carbon for sodium-ion batteries as a product area.

  • 2024

    Obtained IATF 16949:2016 certification

  • 2023

    Acquired a 50% stake in Vietnamese plasticizer producer and sales company VPCHEM

  • 2022

    Aekyung BioPharm became a subsidiary with an 80% stake

  • 2021

    Aekyung Chemical launched through the merger of Aekyung Petrochemical, AK ChemTech and Aekyung Chemical

  • 2016

    Exported DOTP technology to SIBUR Khimprom in Russia

  • 2012

    Aekyung Petrochemical split into AK Holdings and Aekyung Petrochemical

  • 2012

    Jeonju plant for secondary-battery anode materials completed

  • 2007

    Biodiesel plant completed

  • 2006

    Aekyung (Ningbo) Chemical established

  • 2005

    Acquired Hongik Industrial, a polyurethane-system adhesive business

Products and positioning

A business-to-business chemical solutions and materials supplier emphasizing technical capability, customer-specific solutions, specialty and environmentally oriented products, and sustainable growth.

  • Plasticizers

    Plastic additives used to improve flexibility and other properties in materials including PVC; the company lists general-purpose, functional and environmentally oriented product ranges.

  • PA, MA and ITA

    Phthalic anhydride, maleic anhydride and itaconic acid, described by the company as basic chemicals used as principal raw materials for various resins.

  • AKLUB-Series ester lubricant base oils

    Ester compounds used as base oils and additives for high-performance industrial and specialty lubricants.

  • Unsaturated polyester and vinylester resins

    Resins for composite-material applications; the company describes unsaturated polyester resins as readily moldable and vinylester resins as having chemical resistance and mechanical properties.

  • Coating resins

    Resins used as base materials for paints, inks and coatings, including oil-based and acrylic and alkyd products, as well as water-based acrylic and urethane resins.

  • Pressure-sensitive adhesives and adhesives

    Adhesive products used in fields including automotive, electrical, construction, distribution, printing, paper, electronics, touchscreens and medical applications.

  • Polyisocyanate hardeners

    Hardeners based on isocyanate raw materials, as identified in the company’s product overview.

  • Hard carbon for sodium-ion batteries

    A sodium-battery material identified in the supplied Korean Wikipedia entry.

Sources6 sources

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