Pumyang Co., Ltd.

Pumyang Co., Ltd. (Korean: 범양사) is a South Korean chemical company headquartered in Yongsan-gu, Seoul. Founded in September 1958, the company built its business around the manufacture and trade of acetate and polyester fabrics, and it also operates in real estate leasing. Its main production base is a factory in Cheonan, Chungcheongnam-do, which replaced an earlier Busan plant. The company's history reflects the development of South Korea's textile and chemical industry. It established a Busan factory in 1969 and expanded it in 1975, later moving production to a new Cheonan plant completed in 1989. In 1978 it set up a publishing division. Pumyang also has ties to the tank terminal business through the founding of Kukje Tank Terminal in 1970, now known as Korea Vopak Terminal. In 1994 the company moved its headquarters to the Pumyang Building in Dongbinggo-dong, Yongsan-gu, Seoul, where it remains based. Pumyang was registered over-the-counter with the Korea Securities Dealers Association in December 1994, effectively a KOSDAQ listing. It was delisted from KOSDAQ in April 2005 because it failed to meet the stock distribution requirement for two consecutive years. Today the company continues to operate, with its official website listing affiliated entities including Korea Vopak Terminal, Pumyang E&C, Seoul Institute of Science, and PYC International.

Pumyang Co., Ltd. was founded in September 1958 as a South Korean chemical company. Its core businesses became the manufacture and trade of acetate and polyester fabrics, alongside real estate leasing. In June 1969 the company completed its Busan factory, and in December 1970 it helped establish Kukje Tank Terminal Co., Ltd., which later changed its name to Korea Vopak Terminal Co., Ltd. The Busan factory was expanded in August 1975. In September 1978 Pumyang established a publishing division. In October 1989 the company completed a new factory in Cheonan, Chungcheongnam-do, to which production was relocated from Busan. In October 1994 the headquarters moved to the Pumyang Building in Dongbinggo-dong, Yongsan-gu, Seoul. In December 1994 Pumyang registered over-the-counter with the Korea Securities Dealers Association, effectively a KOSDAQ listing. In April 2005 the company was delisted from KOSDAQ because it failed to meet the stock distribution requirement for two consecutive years. The company remains active, with its official website listing affiliated entities such as Korea Vopak Terminal, Pumyang E&C, Seoul Institute of Science, and PYC International.

• 2005

  Delisted from KOSDAQ due to failure to meet stock distribution requirement for two consecutive years

• 1994

  Headquarters moved to Pumyang Building in Yongsan-gu, Seoul

• 1994

  Registered over-the-counter with Korea Securities Dealers Association (KOSDAQ listing)

• 1989

  Cheonan factory completed; production relocated from Busan

• 1978

  Publishing division established

• 1975

  Busan factory expanded

• 1970

  Kukje Tank Terminal Co., Ltd. established (later renamed Korea Vopak Terminal)

• 1969

  Busan factory completed

• 1958

  Pumyang Co., Ltd. founded

A long-established South Korean textile and chemical manufacturer with diversified interests in fabrics, trading, and property leasing.

• Acetate fabrics

• Polyester fabrics

• Textile trading

• Real estate leasing

1. 1PUMYANG CO., LTD. official websitepumyang.co.kr
2. 2Pumyang Co., Ltd. - Wikidatawikidata.org
3. 3범양사 - Wikipedia (Korean)ko.wikipedia.org