Chemtros
Ansan, KR Β· Public Β· 2 known investors
Chemtros is a research-focused specialty chemical manufacturer founded in 2006 that produces pharmaceutical intermediates and active pharmaceutical ingredients (APIs), electronic materials, industrial adhesives, and semiconductor materials for various industries. The company leverages accumulated synthesis expertise combined with blending technology to serve customers across pharmaceuticals, electronics, and advanced materials sectors.
Also known as Chemtros Co., Ltd. Β· μΌνΈλ‘μ€
Founders & leadership
Investors Β· 2
Company profile
researched Aug 2026Chemtros Co., Ltd. is a South Korean specialty chemicals manufacturer founded on March 7, 2006 as a synthesis research-focused company supplying customized organic intermediates to a range of industries. The business is organized into three divisions. The Advanced Materials / Jincheon operation manufactures and sells chemical compounds and secondary battery additives, OLED and display materials, plasticizers, active pharmaceutical ingredients (APIs) and pharmaceutical intermediates. The Convergence Materials division produces high-specification epoxy adhesives for camera modules (CCM) and LED TVs, conformal coatings, modified silicone sealants, adhesives for electronic component and speaker assembly and repair, and industrial adhesives. The Semiconductor division supplies semiconductor polymers, polymers, monomers and photoresist (PR) materials.
Product lines listed by the company span electronic materials, polymers, chemical intermediates, APIs, industrial raw materials, semiconductor materials and ODM manufacturing. The company also operates R&D activities including an in-house Chemical R&D Institute (established 2007), a Polymer R&D Institute (registered 2015) and an integrated R&D center opened in 2021 within its Convergence Materials plant, with stated capabilities in synthesis and formulation technology and process development. Dong-hoon Lee serves as CEO.
Founding story
Chemtros Co., Ltd. was founded in March 2006 as a synthesis research-focused company, starting an organic synthesis business to manufacture and supply customized intermediates for multiple industries; it later added manufacturing scale by acquiring Sampoong Pharm in 2010 and Dongbu CNI's polymer business in 2015.
Business model
The company manufactures and sells specialty chemical materials to industrial customers across electronics, display, semiconductor, battery, pharmaceutical and general industrial segments, and also offers ODM (original design manufacturing) services and customized synthesis of intermediates.
Traction
Milestones include KOSDAQ listing in 2017, completion of the Jincheon plant in 2019, a fluoropolymer pilot plant in 2021, the start of semiconductor materials production at the new Jincheon plant in June 2024, and a further Jincheon capacity expansion completed in October 2025.
Latest developments
In June 2024 Chemtros completed a new Jincheon plant, built out semiconductor materials production facilities and began manufacturing; in July 2024 it achieved a Process Safety Management (PSM) P-grade covering 2024β2028; and in October 2025 it completed additional Jincheon investment including semiconductor materials expansion and a cold storage facility.
βΈFull profile β market position, technology, go-to-market, geography, history
Market position
Chemtros is a KOSDAQ-listed Korean materials producer that was selected in 2020 among Korea's Top 100 Materials, Parts and Equipment "Hidden Champions," and is registered as a Specialized Materials Company (No. 6480).
Technology
Core capabilities are organic synthesis and formulation technology, supported by process development and process assurance functions and in-house research institutes covering chemicals and polymers. Technical outputs include semiconductor polymers, monomers and photoresist materials, fluoropolymers (pilot plant), OLED and display materials, secondary battery additives, epoxy and modified silicone adhesives and conformal coatings, and GMP-manufactured APIs and pharmaceutical intermediates.
Go-to-market
Industrial and B2B customers requiring custom or high-specification chemical materials, including semiconductor, display/OLED, camera module and LED TV, electronic component, secondary battery, pharmaceutical and general industrial manufacturers.
Geography
Operations are in South Korea: headquarters and Plant 1 (Advanced Materials) at 7 Neungan-ro, Danwon-gu, Ansan-si, Gyeonggi-do (3,326γ‘); Plant 2 (Convergence Materials) at 28 Byeolmang-ro 270beon-gil, Danwon-gu, Ansan-si (9,917γ‘); and Plant 3 (Semiconductor Materials) at 170 Sansusandan 2-ro, Iwol-myeon, Jincheon-gun, Chungcheongbuk-do (22,072γ‘). The company was designated a Promising Export SME in 2013.
History
Chemtros was founded in March 2006 and set up an in-house Chemical R&D Institute in 2007. It raised capital through rights offerings in 2008 (to KRW 1.1 billion) and 2015 (to KRW 1.73 billion), was registered as a Specialized Materials Company in 2009, and in 2010 merged with/acquired Sampoong Pharm Co., Ltd. β a 1968-founded API producer known for methylephedrine hydrochloride, anhydrous caffeine, tramadol and cyproheptadine β moving its headquarters to Ansan and gaining production facilities. An electronic materials plant in Ansan was completed in 2011, ISO 9001/14001 certification followed in 2012, and the company was named a Promising Export SME in 2013. In 2014 it acquired a plant site in the Sansu Industrial Complex in Jincheon, and in March 2015 acquired the polymer (adhesives) business of Dongbu CNI Co., Ltd., a line tracing back to Hannong Polymer/Maxbond from 1972. The company invested in upgrading GMP facilities to international standards in 2016, listed on KOSDAQ on October 11, 2017, broke ground on the Jincheon plant that November and held its completion ceremony on October 25, 2019. In 2020 it was selected as one of Korea's Top 100 Materials, Parts & Equipment Hidden Champions and a Best Job Creation Company. An integrated R&D center and a fluoropolymer pilot plant followed in 2021, a new Jincheon plant for semiconductor materials began manufacturing in June 2024, PSM P-grade was achieved in July 2024, and additional Jincheon investment in semiconductor materials capacity and cold storage was completed in October 2025. The company marks its 20th anniversary in March 2026.
Compiled by commissioned research from 5 cited public sources β announcements, filings, and press listed under research sources below.
Key figures
latest reportedCompany-reported or press-reported figures, each dated to when it was claimed β not independently audited.
Timeline Β· 22
launches, deals, and filingsNamed one of Korea's Top 100 Materials, Parts & Equipment Hidden Champions and a Best Job Creation Company of Korea.
Chemtros acquired the polymer (adhesives) business of Dongbu CNI Co., Ltd. in Ansan; related products and services have since been offered under the Chemtros name.
Chemtros acquired Sampoong Pharm Co., Ltd., a 1968-founded API manufacturer, gaining its own production facilities, and moved its headquarters to Ansan.
Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.
βΈResearch sources Β· 5
primary sources listed
- Chemtroschemtros.com Β· web
5 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does Chemtros do?
- Korean specialty chemicals maker producing electronic and semiconductor materials, polymers, adhesives, APIs and intermediates.
- Who are Chemtros's investors?
- Chemtros's investors include Aju IB Invesment Corporation, Kiwoom Investment.
- Where is Chemtros headquartered?
- Chemtros is headquartered in Ansan, KR.