Hanyang Industrial Company

Company Description

Hanyang Industrial Company is one of Korea's leading manufacturers and exporters of qualitative biochemical products for vehicles. Hanyang Industrial Company products include water-soluble bio-cleaners, special adhesives, impregnation sealants, spatter cleaners, oil absorbers, T.C.E. replacements, and grid paint removers.

Since its establishment in 1990, the company has continued to invest in research and development in environment-friendly and non-toxic products in order to help saving our earth. A leading vehicle related cleaner producing enterprise in Korea, Hanyang Industrial Company received a patented invention for Grid Paint Remover from the Korean government, and the company has supplied products to Hyndai, Daewoo and Kia Motor companies.

Hanyang Industrial Company is a privately owned company with registered capital of around US$400,000. The company has invested a some of US$450,000 in its Ulsan headquarters and production facilities, where it employs a workforce of 20, including 5 engineers and 3 quality assurance staff. Exports to international markets accout for 10 percent of the company's annual revenues, which stand at around US$0.8 million.