YEAR ESTABLISHED: 1946
• Architectural Coatings • Waterproof & Floor Coatings • Industrial Coatings
• Powder Coatings • Car Refinishes
J.S. Oh, executive representative; K. B. Ryu, factory director; I. S. You, PCM division director; S. J. Kim, chief of development center.
Samhwa Paints Industry achieved a record revenue of about $499 million in sales and $33 million in operating profit last year. Samhwa is investing around four to fiver percent of revenue in R&D with spending also increased year by year. Through this constant R&D investment, innovative products are being developed, such as high functional architectural premium paints The Classy and Sketch Paints. Its most successful achievements in the last year is “the complete the framework of a world-class safety culture.” Sung Huh, COO, who took office early last year, said the company has achieved zero accidents through compliance with the Safety Process. A behavior-oriented safety culture was built to expand the activity with the basic safety campaign such as guiding and observing safety rules and wearing protective gear.