Company Introduction
Affiliates
Shareholder Companies
DL Chemical
Since its establishment in 1979, DL Chemical has maintained its leading position in the domestic petrochemical industry. Based on over 40 years of experience in petrochemical plant operations and independent technologies, it is now transforming itself into a global company. DL Chemical is a manufacturer of PE (polyethylene), PB (polybutene), and EPO (ethylene-propylene polymers based on metallocene catalyst technology). Together with Hanhwa Solutions (Chemical Division), DL Chemical established Yeochun NCC Co., Ltd., a joint company in 1999 to create a synergy effect. In 2000, it also founded PolyMirae Co., Ltd. in a joint venture with LyondellBasell, a world-renowned petrochemical company. DL Chemical made inroads into the synthetic rubber business with the acquisition of Cariflex in 2020, and established DL F&C by dividing its film manufacturing business. In a joint venture with REXtac, DL Chemical founded D-REX Polymer in 2021, further continuing its growth by advancing into the eco-friendly adhesive business.
REXtac
REXtac is the world's third-largest manufacturer of APAO adhesives and other adhesives. Based in the US with its headquarters and production facilities located in Texas, REXtac's APAO adhesives are recognized as the industry's highest quality polymer that can be used in a wide range of applications across various industries and meet diverse requirements for adhesives. REXtac's flexible process technologies contribute to the production and supply of products that provide optimal specifications tailored to customer needs. The company currently manufactures products that can be used in personal hygiene items such as diapers and sanitary pads, adhesions of interior and exterior materials for automobiles, as well as in the assembly of various industrial products. The company has supplied various general-purpose products by investing in the development of new products. And, through continuous R&D efforts, REXtac continues to develop innovative products and technologies that can improve the quality of life.
DL Chemical Subsidiaries
Cariflex
Cariflex is a global leader in synthetic rubber and latex, and focuses on making a difference in medical fields and other high value-added fields. Cariflex's products are made with innovative new materials to deliver a unique value. For example, these include a combination of key properties of natural rubber (excellent elasticity and softness) with improved purity and transparency, low gel content, and absence of natural rubber proteins. Cariflex produces the industry’s top-quality Isoprene rubber latex and Isoprene rubber, and has become a major player in the field of high-end medical applications through a unique anionic polymerization technology for polyisoprene.
DL Fnc
DL Fnc is a specialized plastic-processing company of the DL Group. DL Fnc operates the business of BOPP, EVA, and coating solutions based on the first-rate production capacity in Korea. The company produces differentiated high value-added products through the country's only 5-layer equipment. DL Fnc is leading the domestic market by producing industrial substrate, furniture substrate, and high value-added surface-coated film based on the continuous development of technology as well as stable flexible packaging and paper laminating film.
KRATON
KRATON is a leading global manufacturer of styrenic block copolymers (SBC) and pine chemicals, with headquarters based in Houston, TX in USA. KRATON’s legacy of innovation began in the 1950s, since founded as part of Shell Chemicals. KRATON develops, manufactures and markets bio-based chemicals and specialty polymers. Chemical products manufactured by Kraton are widely used in adhesives, latex, paints, lubricants, medical care and packaging materials. KRATON operates production facilities in the United States, Germany, France, the Netherlands, Brazil, and Japan, etc.
DL Chemical J/V Companies
YNCC
Yeochun NCC (YNCC), one of Korea’s leading naphtha cracking centers (NCC), was formed in 1999 through the integration of the NCCs of DL Chemical and Hanhwa Solutions (Chemical Division). The company produces basic raw materials for different sectors in the petrochemical industry. The raw materials, such as ethylene, propylene, butadiene, benzene, toluene, xylene, and styrene monomer, are also supplied to domestic and overseas markets.
PMC
PolyMirae (PMC) was founded in 2000 by the decision of DL Chemical and LyondellBasell to form a new company for jointly operating the polypropylene business. The company has satisfied customer needs by applying polypropylene manufacturing and process innovations such as metocene and meltblown technologies.