|
|
|
MIRA
INFORM REPORT
|
Report No. : |
504778 |
|
Report Date : |
19.04.2018 |
IDENTIFICATION DETAILS
|
Name : |
OCI
COMPANY LTD. |
|
|
|
|
Registered Office : |
94, Sogong-Ro, Jung-Gu, Seoul, Korea, Oriental Chemical Industries Bldg. 04532 |
|
|
|
|
Country : |
South Korea |
|
|
|
|
Financials (as on) : |
31.12.2017 |
|
|
|
|
Date of Incorporation : |
01.07.1974 |
|
|
|
|
Com. Reg. No.: |
506-81-00069 |
|
|
|
|
Legal Form : |
Listed Company |
|
|
|
|
Line of Business : |
·
Manufacture of Other Basic Inorganic Chemicals [Carbon Black, TDI, Rubber Chemical,
Naphthalene] ·
Manufacture of Other Fabricated Structural
Plastic Products |
|
|
|
|
No. of Employees : |
2,345 |
RATING & COMMENTS
(Mira Inform has adopted New Rating mechanism w.e.f. 23rd
January 2017)
|
MIRA’s Rating : |
A+ |
|
Credit Rating |
Explanation |
Rating Comments |
|
A+ |
Low Risk |
Business dealings permissible with low
risk of default |
|
Status : |
Good |
|
|
|
|
Payment Behaviour : |
Regular |
|
|
|
|
Litigation : |
Clear |
NOTES :
Any query related to this report can be made
on e-mail : infodept@mirainform.com
while quoting report number, name and date.
ECGC Country Risk Classification List
|
Country Name |
Previous
Rating (30.09.2017) |
Current Rating (31.12.2017) |
|
South Korea |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low Risk |
A2 |
|
Moderately Low Risk |
B1 |
|
Moderate Risk |
B2 |
|
Moderately High Risk |
C1 |
|
High Risk |
C2 |
|
Very High Risk |
D |
SOUTH KOREA - ECONOMIC OVERVIEW
After emerging from the 1950-53 war with North Korea, South Korea emerged
as one of the 20th century’s most remarkable economic success stories, becoming
a developed, globally connected, high-technology society within decades. In the
1960s, GDP per capita was comparable with levels in the poorest countries in
the world. In 2004, South Korea joined the trillion-dollar club of world
economies.
Beginning in the 1960s under President PARK Chung-hee, the government
promoted the import of raw materials and technology, encouraged saving and investment
over consumption, kept wages low, and directed resources to export-oriented
industries that remain important to the economy to this day. Growth surged
under these policies, and frequently reached double-digits in the 1960s and
1970s. Growth gradually moderated in the 1990s as the economy matured, but
remained strong enough to propel South Korea into the ranks of the advanced
economies of the OECD by 1997. These policies also led to the emergence of
family-owned chaebol conglomerates such as Daewoo, Hyundai, and Samsung, which
retained their dominant positions even as the government loosened its grip on
the economy amid the political changes of the 1980s and 1990s.
The Asian financial crisis of 1997-98 hit South Korea’s companies hard
because of their excessive reliance on short-term borrowing, and GDP ultimately
plunged by 7% in 1998. South Korea tackled difficult economic reforms following
the crisis, including restructuring some chaebols, increasing labor market
flexibility, and opening up to more foreign investment and imports. These steps
lead to a relatively rapid economic recovery. South Korea also began expanding
its network of free trade agreements to help bolster exports, and has since
implemented 16 free trade agreements covering 58 countries—including the United
State and China—that collectively cover more than three-quarters of global GDP.
In 2017, the election of President MOON Jae-in brought a surge in
consumer confidence, in part, because of his successful efforts to increase
wages and government spending. These factors combined with an uptick in export
growth to drive real GDP growth to more than 3%, despite disruptions in South
Korea’s trade with China over the deployment of a US missile defense system in
South Korea.
In 2018 and beyond, South Korea will contend with gradually slowing
economic growth - in the 2-3% range - not uncommon for advanced economies. This
could be partially offset by efforts to address challenges arising from its
rapidly aging population, inflexible labor market, continued dominance of the
chaebols, and heavy reliance on exports rather than domestic consumption.
Socioeconomic problems also persist, and include rising inequality, poverty
among the elderly, high youth unemployment, long working hours, low worker
productivity, and corruption.
|
Source
: CIA |
Basic Information
|
Company Name |
OCI
COMPANY LTD. (Korean
Company Name : “오씨아이(주)”) |
|
Registered Address |
94,
Sogong-ro, Jung-gu, Seoul, Korea |
|
Building |
Oriental Chemical Industries Bldg. |
|
Zip Code |
04532 |
|
Tel |
+82-2-727-9500 |
|
Fax |
+82-2-757-4111 |
|
E-mail |
electro@dcchem.co.kr |
|
Website |
www.dcchem.co.kr |
|
Trading Address |
Oriental
Chemical Industries Bldg., 94, Sogong-ro, Jung-gu, Seoul, Korea (Old
Address System : Oriental Chemical Industries Bldg., 50, Sogong-dong,
Jung-gu, Seoul, Korea) |
|
Tel |
+82-2-727-9500 |
|
Fax |
+82-2-777-9097 |
|
Other Address-Iksan Plant |
740-27, Sinheung-dong, Iksan-si, Jeonbuk-do
570-978 Korea |
|
Tel |
+82-63-830-7777 |
|
Fax |
+82-63-833-8968 |
|
Other Address-Gunsan Plant |
233, Soryong-dong, Gunsan-si, Jeonbuk-do 573-879
Korea |
|
Tel |
+82-63-460-6143 |
|
Fax |
+82-63-462-6050 |
|
Other Address-Gwangyang Plant |
1658, Taein-dong, Gwangyang-si, Jeonnam-do
545-885 Korea |
|
Tel |
+82-61-798-6114 |
|
Fax |
+82-61-798-6100 |
|
Other Address-Pohang Plant |
1, Cheongrim-dong, Nam-gu, Pohang-si,
Gyeongbuk-do 790-836 Korea |
|
Tel |
+82-54-290-8000 |
|
Fax |
+82-54-292-3223 |
|
Other Address-Jeonju Plant |
Jeonju Industrial Complex Ⅲ, 848,
Yongam-ri, Bongdong-Eeup, Wanju-gun, Jeonbuk-do 565-900 Korea |
|
Tel |
+82-63-261-5177 |
|
Fax |
+82-63-261-5227 |
|
Other Address-Incheon Plant |
595, Hagik 1-Dong, Nam-gu, Incheon 402-041 Korea |
|
Tel |
+82-32-860-6114 |
|
Fax |
+82-32-864-3653 |
|
Other Address-Daejeon Plant |
1-19, Daehwa-dong, Daedeok-gu, Daejeon 306-020
Korea |
|
Tel |
+82-42-621-0096 |
|
Fax |
|
|
Other Address-Ulsan Plant |
388, Yeocheon-dong, Nam-gu, Ulsan 680-090 Korea |
|
Tel |
+82-52-273-4981 |
|
Fax |
+82-52-273-4983 |
|
Other Address-Gumi Plant |
320, Gongdan 2-dong, Gumi-si, Gyeongbuk-do
730-906 Korea |
|
Tel |
+82-54-463-6375 |
|
Fax |
+82-54-461-0816 |
|
Other Address-Gyeongin Office |
6Fl.
KDB BD 1588-11, Gwanyang-dong, Dongan-gu, Anyang-si, Gyeonggi-do 431-060
Korea |
|
Tel |
+82-31-476-8100 |
|
Fax |
+82-31-476-0090 |
|
Other
Address-Daegu Office |
#506,
Gamsam Bldg. 495-45, Duryu 3-dong, Dalseo-gu, Daegu 704-911 Korea |
|
Tel |
+82-53-628-5224 |
|
Fax |
+82-53-628-5228 |
|
Other
Address-Daejeon Office |
143-1,
Hongdo-dong, Dong-gu, Daejeon 300-836 Korea |
|
Tel |
+82-42-622-4255 |
|
Fax |
+82-42-672-9794 |
|
Other
Address-Busan Office |
#1305,
Busan Trade Center, 87-7, Jungangdong 4-ga, Chung-gu, Busan 600-729 Korea |
|
Tel |
+82-51-461-0363 |
|
Fax |
+82-51-462-6983 |
|
Other
Address-Gangnam Office |
8Fl.
Samik Rabidol BLDG., 720-2, Yeoksam 2-dong, Gangnam-gu, Seoul 135-920 Korea |
|
Tel |
+82-2-501-4556 |
|
Fax |
|
|
Type |
Export |
|
Industry |
Manufacture of Other Basic Inorganic Chemicals |
|
Main Business |
Carbon Black, TDI, Rubber Chemical, Naphthalene |
|
Sub
Business |
Manufacture of Other Fabricated Structural Plastic Products |
|
Established (mm/dd/yyyy) |
07/01/1974 |
Detailed Products
|
Activity |
Detailed Products (UNSPSC) |
|
Sell |
Electronic Components and Supplies(32000000) |
|
Sell |
Window frames(30171900) |
|
Sell |
Polyvinyl acetate(13111045) |
|
Sell |
Organic acids or its substitutes(12352106) |
|
Sell |
Inorganic metal salts(12352302) |
|
Sell |
Inorganic hydroxides(12352305) |
|
Sell |
Inorganic compounds(12352300) |
|
Sell |
Chemicals including Bio Chemicals and Gas
Materials(12000000) |
|
Sell |
Organic derivatives and substituted
compounds(12352100) |
|
Sell |
Indicators and Reagents(12161500) |
|
Sell |
Inorganic peroxides(12352304) |
|
Sell |
Carbon black(12171603) |
|
Sell |
Phenols or its substitutes or
derivatives(12191503) |
|
Sell |
Coal tar(30121501) |
|
Sell |
Creosote(30121503) |
|
Sell |
Polyvinyl alcohol(13111042) |
|
Sell |
Pitch(30121602) |
|
Sell |
Plasticizers(12162000) |
|
Sell |
Aromatic or heterocyclic compounds(12352005) |
|
Sell |
Fuel additives(15111700) |
CEO’s
|
Name |
Baik Woo-Seok |
|
Date of Birth |
07/28/1952 |
|
Title |
Vice
Chairman & CEO |
|
Nationality |
Korean |
Profiles
|
Capital (KRW) |
127,246,855,000 |
||||||||||||||||||||||||||||||||||||
|
Employees |
2,345 |
||||||||||||||||||||||||||||||||||||
|
Formation |
Listed Company(Korea Stock
Exchange: 010060) as 05/18/2001 A Company of OCI Group |
||||||||||||||||||||||||||||||||||||
|
Bank Details |
Shinhan Bank- Sogong-dong Branch 50 Sogong-dong, Chung-gu, Seoul 100-070 Korea Tel: 82-2-757-7412 Fax: 82-2-773-3734 |
||||||||||||||||||||||||||||||||||||
|
Corporate Registered No. |
174611-0000981 |
||||||||||||||||||||||||||||||||||||
|
Business Registered No. |
506-81-00069 |
||||||||||||||||||||||||||||||||||||
|
Permit & Licenses |
10-1999 Pohang Plant acquires QS 9000
Certificate 10-1999 Gunsan Plant acquires ISO 9002
Certificate 12-1996 Pohang Plant acquires ISO 9002
Certificate 06-1995 Iksan Plant acquires ISO 9002
Certificate 03-1994 Pohang Plant acquires ISO 14001
Certificate Int’l Trade No.: 751809 |
||||||||||||||||||||||||||||||||||||
|
Shareholder Position |
|
||||||||||||||||||||||||||||||||||||
|
Company History |
07/01/1974 Incorporated as Oriental Steel
& Chemical Industry Co., Ltd 04/27/2001 Moved to the present HQ address
from 1, Cheongnim-dong, Nam-gu, Pohang-si, Gyeongsangbuk-do, Korea 05/01/2001 Acquired Oriental Chemical
Industry Co., Ltd. 05/01/2001
Changed company name to DC CHEMICAL CO., LTD., “동양제철화학(주)”) 12/31/2001 Acquired Steel & Chemical Co., Ltd. 05/06/2008 Split off and established DCRE
CO., LTD. 04/01/2009 Changed company name to the
present name 05/28/2011 Increased capital to 127,246,855,000
KRW from 121,606,450,000 KRW (*)Oriental Chemical Industry Co., Ltd. 08/05/1959 Incorporated as Oriental
Chemical Industry Co., Ltd. 06/1976
Listed at Korea Stock Exchange |
Detailed Information
Management
|
Job Description |
Name |
Nationality |
Date of Birth |
Inauguration Date |
|
Chairman & CEO |
Lee Soo-Young |
Korean |
09/05/1942 |
05/01/2001 |
|
Vice
Chairman & CEO |
Baik Woo-Seok |
Korean |
07/28/1952 |
03/17/2006 |
|
President & CEO |
Lee Woo-Hyun |
Korean |
02/15/1968 |
03/27/2009 |
|
Director |
Kim Sang-Yeol |
Korean |
12/06/1947 |
03/21/2018 |
|
Outside Director / Auditor |
Han Boo-Hwan |
Korean |
09/20/1948 |
03/21/2018 |
|
Outside Director / Auditor |
Lee Sang-Seung |
Korean |
11/18/1963 |
03/22/2013 |
|
Outside Director / Auditor |
Chang Kyung-Hwan |
USA |
01/22/1950 |
03/21/2018 |
|
Outside Director / Auditor |
Yoo Ki-Poong |
Korean |
03/30/1952 |
03/22/2017 |
Financials
|
Year / Unit : KRW |
Sales |
Assets |
Net Income |
|
2,494,394,059,000 |
5,268,314,789,000 |
168,896,194,000 |
|
|
2016 |
2,245,311,185,000 |
5,159,099,465,000 |
347,625,441,000 |
|
2015 |
2,174,598,430,000 |
5,229,793,782,000 |
-191,074,697,000 |
|
2014 |
2,295,577,227,000 |
5,472,100,247,000 |
22,167,902,000 |
|
2013 |
2,184,358,759,000 |
5,716,069,793,000 |
-305,346,338,000 |
|
2012 |
2,409,028,464,000 |
5,939,458,718,000 |
52,480,364,000 |
|
2011 |
3,406,976,864,000 |
5,663,590,062,000 |
729,164,872,000 |
|
2010 |
2,606,376,109,000 |
4,236,744,297,000 |
579,019,853,000 |
|
2009 |
2,101,779,381,000 |
3,364,145,519,000 |
385,347,665,000 |
|
2008 |
2,119,789,286,000 |
3,087,459,781,000 |
317,448,666,000 |
|
2007 |
1,342,691,410,000 |
2,230,409,800,000 |
135,750,688,000 |
|
2006 |
1,194,266,836,000 |
1,672,114,935,000 |
65,023,375,000 |
|
2005 |
1,097,272,005,000 |
1,493,664,565,000 |
27,101,756,000 |
|
2004 |
1,110,668,929,000 |
1,382,324,508,000 |
53,438,582,000 |
|
2003 |
947,426,823,000 |
1,395,383,634,000 |
47,646,634,000 |
Financial Description
|
Authorized Capital(KRW) |
500,000,000,000 |
|
Paid-Up Capital(KRW) |
127,246,855,000 |
|
Total Issues Shares |
23,849,371 |
|
Balance Sheet |
|||
|
Unit : Thousand Korean Won |
As of 12/31/2017 |
As of 12/31/2016 |
As of 12/31/2015 |
|
Total
Assets |
5,268,314,789 |
5,159,099,465 |
5,229,793,782 |
|
Current Assets |
1,427,326,118 |
1,302,893,841 |
1,264,217,114 |
|
Cash
& Cash Equivalents |
565,127,238 |
135,552,225 |
200,733,091 |
|
Current
Financial Instruments |
96,735,991 |
159,164,806 |
32,462,464 |
|
Trade
Receivables & Other Receivables |
489,182,225 |
761,037,840 |
559,324,428 |
|
Derivatives |
326,070 |
580,810 |
1,723,836 |
|
Assets
to be Sold |
|
|
139,652,109 |
|
Inventories |
213,852,770 |
214,896,775 |
297,326,368 |
|
Deferred
Income Tax Assets |
|
5,757,120 |
946,090 |
|
Other
Current Assets |
62,101,824 |
25,904,265 |
32,048,728 |
|
Non-Current Assets |
3,840,988,671 |
3,856,205,624 |
3,965,576,668 |
|
Non-Current
Financial Instruments |
1,790,142 |
48,349,634 |
67,724,344 |
|
Long-Term
Trade Receivables & Other Receivables |
41,470,548 |
39,016,536 |
3,525,412 |
|
Deferred
Income Tax Assets |
84,754,934 |
113,760,147 |
317,473,830 |
|
Investment_Related
Companies |
1,391,389,936 |
1,192,116,661 |
1,084,182,588 |
|
Investment_Real
Estates |
39,549,450 |
41,081,487 |
39,944,910 |
|
Tangibles |
1,952,457,661 |
2,094,667,475 |
2,438,586,516 |
|
Intangibles |
12,152,129 |
9,889,813 |
13,496,530 |
|
Non-Current
Income Taxes |
316,681,333 |
316,681,333 |
|
|
Other
Non-Current Assets |
742,538 |
642,538 |
642,538 |
|
Total Liabilities |
1,941,380,931 |
1,987,921,355 |
2,403,917,509 |
|
Current Liabilities |
988,759,846 |
1,038,940,845 |
755,351,223 |
|
Other
Current Financial Debts |
603,707,930 |
757,112,820 |
454,618,202 |
|
Trade
Payables & Other Payables |
354,947,802 |
266,568,475 |
290,550,321 |
|
Derivatives |
2,141,490 |
10,347,048 |
2,694,670 |
|
Provisions |
73,619 |
207,427 |
5,697,838 |
|
Deferred
Income Tax Credit |
26,438,843 |
2,982,354 |
|
|
Other
Current Liabilities |
1,450,162 |
1,722,721 |
1,790,192 |
|
Non-Current Liabilities |
952,621,085 |
948,980,510 |
1,648,566,286 |
|
Other
Non-Current Financial Debts |
691,759,836 |
621,087,570 |
1,237,552,388 |
|
Long-Term
Trade Payables & Other Payables |
15,558,744 |
27,421,234 |
33,864,241 |
|
Provisions |
7,727,104 |
7,751,323 |
6,967,029 |
|
Confirmed
Salaries |
16,467,561 |
24,066,624 |
44,960,824 |
|
Other
Non-Current Liabilities |
221,107,840 |
268,653,759 |
325,221,804 |
|
Capital Stock |
127,246,855 |
127,246,855 |
127,246,855 |
|
Capital
Surplus |
822,639,441 |
822,639,441 |
822,639,441 |
|
Others |
79,364 |
-1,523,385 |
2,018,784 |
|
Profit
Surplus |
2,376,968,198 |
2,222,815,199 |
1,873,971,193 |
|
Total
Equity |
3,326,933,858 |
3,171,178,110 |
2,825,876,273 |
|
Liab.
& Shareholder’s Equity |
5,268,314,789 |
5,159,099,465 |
5,229,793,782 |
|
Income Statement |
|||
|
Unit : Thousand Korean Won |
As of 12/31/2017 |
As of 12/31/2016 |
As of 12/31/2015 |
|
Sales |
2,494,394,059 |
2,245,311,185 |
2,174,598,430 |
|
Cost
of Sold Goods |
2,089,574,855 |
1,995,218,164 |
2,101,964,858 |
|
Gross
Profit |
404,819,204 |
250,093,021 |
72,633,572 |
|
Selling
& Admin. Expenses |
145,646,054 |
129,779,450 |
156,802,559 |
|
Operating
Income |
259,173,150 |
120,313,571 |
-84,168,987 |
|
Finance
Income |
123,514,966 |
209,295,291 |
121,958,420 |
|
Finance
Expenses |
161,774,214 |
151,029,468 |
151,495,634 |
|
Non-Operating
Income |
36,002,724 |
357,009,816 |
13,736,116 |
|
Non-Operating
Expenses |
30,231,809 |
296,212,121 |
104,381,220 |
|
Income
Before Taxes |
226,684,817 |
239,377,089 |
-204,351,305 |
|
Income
Taxes Expenses |
57,788,623 |
-108,248,352 |
-63,605,561 |
|
Income
from Continuous Business |
168,896,194 |
347,625,441 |
-140,745,744 |
|
Income
from Stopped Business |
|
|
-50,328,953 |
|
Net
Income |
168,896,194 |
347,625,441 |
-191,074,697 |
|
Cash Flows |
|||
|
Unit : Thousand Korean Won |
As of 12/31/2017 |
As of 12/31/2016 |
As of 12/31/2015 |
|
Operating Activities Cash Flows |
529,011,862 |
271,789,819 |
15,729,573 |
|
Cash
Flows from Operating |
494,271,141 |
301,180,950 |
32,020,409 |
|
Interests
Received |
10,647,877 |
8,264,654 |
18,967,443 |
|
Interests
Paid |
-43,523,285 |
-47,734,961 |
-53,916,393 |
|
Dividends
Received |
66,036,365 |
15,885,315 |
9,073,535 |
|
Income
Taxes |
1,579,764 |
-5,806,139 |
9,584,579 |
|
Cash
Flows from Investing |
-27,160,497 |
-19,713,536 |
-217,948,717 |
|
Cash
Flows from Financing |
-71,710,552 |
-317,257,149 |
93,898,062 |
|
Increase/Decrease
in Cash |
429,575,013 |
-65,180,866 |
-108,321,082 |
|
Cash
at the Beginning of Year |
135,552,225 |
200,733,091 |
309,054,173 |
|
Cash
at the End of Year |
565,127,238 |
135,552,225 |
200,733,091 |
Products, Technologies, Services Description
|
Main Products & Services |
Inorganic Chemicals The Subject Company supplies many of the inorganic chemical products
needed by industries to produce a wide range of essential goods. Petro and Coal Chemicals The Subject Company blazed the way in the petro and coal chemicals
industries by constructing a pioneering coal tar plant in 1976. It had a new
pitch plant in 1978, a naphthalene and tar acid plant in 1979, and a carbon
black plant in 1981. These facilities led to construct its coal chemical
complex, which produces an array of chemical products by distilling
byproducts from the process of iron making, such as coal tar and light oil.
It also allowed vertical integration in our production processes of
petrochemical products, such as BTX, carbon black, phthalic anhydride,
plasticizer, TDI and PVA. It now provides many of the conveniences of
everyday life as well as core materials for such diverse industries as
automotive, construction, electric, electronic and textile. Fine Chemicals The Subject Company produces an array of chemical reagents, agrochemicals
and hexachlorophenes. It also produces specialty reagents used in the
semiconductor, organic synthesis and biochemistry fields, as well as reagents
for general analytic purposes. Recently, it developed a range of top-quality
medical ingredients to serve the rapidly growing pharmaceutical industry. PVC Window Systems PVC window systems feature superior thermal insulation, soundproofing
and heat shielding, and are available in a variety of decorative colors. |
|
Main Products & Services |
-Inorganic Chemicals Hydrogen Peroxide Sodium Carbonate Peroxyhydrate Micloid Fumed Silica Caustic Soda Hydrochloric Acid Sodium Hypochlorite Glacial Acetic Acid Phosphoric Acid Calcium Chloride Sodium Chlorite Zirconium Silicate Soda Ash Sodium Bicarbonate Silica Sand Di-calcium Phosphate -Petro-Coal Chemicals TDI(Toluene Di-isocyanate) PVA(Poly Vinyl Alcohol) Carbon Black Pitch Naphthalene Phenol Cresol Benzene Toluene Xylene Phthalic Anhydride Maleic Anhydride Polyol Plasticizer -Fine Chemicals Chemical Reagent/Pharmaceutical Ingredients Sodium Cyanate BPMC Carbofuran Glyphosate |
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Detailed Products Spec. |
|
|
Technologies Acquired |
|
Trade Partners & Competitors
|
Suppliers |
SK ENERGY CO., LTD.(110111-3710385) SK BLDG., 99, SEORIN-DONG, JONGNO-GU, SEOUL
110-728 KOREA TEL: 82-2-2121-5114 FAX: 82-2-2121-7001 INDUSTRY: PETROLEUM REFINERIES LG CHEM, LTD.(110111-2207995) 17F LG TWIN TOWER EAST ANNEX, 20,
YEOEUIDO-DONG, YEONGDEUNGPO-GU, SEOUL 150-721 KOREA TEL: 82-2-3773-5114 FAX: 82-2-3773-7933 INDUSTRY: MANUFACTURE OF BASIC ORGANIC
PETROCHEMICALS HUCHEMS FINE CHEMICAL CORPORATION(110111-2611906) 5 FL., KUKDONG BLDG., 60-1, CHUNGMURO 3-GA,
CHUNG-GU, SEOUL 100-705 KOREA TEL: 82-2-2262-0600 FAX: 82-2-2265-9381 INDUSTRY: MANUFACTURE OF ALL OTHER CHEMICAL
PRODUCTS N.E.C. POSCO(174611-0000741) 1, GOEDONG-DONG, NAM-GU, POHANG-SI, GYEONGSANGBUK-DO, KOREA TEL: +82-54-220-0114 FAX:+82-54-220-6000 INDUSTRY: MANUFACTURE OF BASIC IRON AND STEEL OCI DAS CO., LTD. ORDEG CO., LTD. DONY YANG SILICONE CO., LTD. UNID CO., LTD. ETEC E & C LIMITED UNION CO., LTD. EYANG CHEMICAL CO., LTD. SAM KWANG GLASS IND. CO., LTD. OCI CORPORATION BULLS ONE CO., LTD. OCI INFORMATION & COMMUNICATION INC. SHIN YOUNG WOOD CO., LTD. CHANGZHOU TRINA SOLAR ENERGY CO., LTD EVERGREEN SOLAR INC. |
|
Customers |
KUMHO TIRE CO., INC. KUMHO TIRE CO. LTD, 555, SOCHON-DONG,
GWANGSAN-GU, GWANGJU 506-711 KOREA TEL: 82-62-940-2241 FAX: 82-62-910-2244 INDUSTRY: MANUFACTURE OF TIRES AND TUBES OCI DAS CO., LTD. DC FERRO CO., LTD. ORDEG CO., LTD. DONY YANG SILICONE CO., LTD. UNID CO., LTD. ETEC E & C LIMITED UNION CO., LTD. EYANG CHEMICAL CO., LTD. SAM KWANG GLASS IND. CO., LTD. OCI CORPORATION BULLS ONE CO., LTD. OCI INFORMATION & COMMUNICATION INC. SHIN YOUNG WOOD CO., LTD. CHANGZHOU TRINA SOLAR ENERGY CO., LTD EVERGREEN SOLAR INC. SUNPOWER CHANGZHOU TRINA SOLAR ENERGY CO., LTD EVERGREEN SOLAR INC. NEXOLON CO.,LTD. EVERGREEN SOLAR INC. DEUTSCHE SOLAR AG. YINGLI GREEN HOLDING COMPANY LTD. MOTECH INDUSTRIES INC. SINO-AMERICAN SILICON PRODUCTS INC. GREEN ENERGY TECHNOLOGY INC. WUXI SUNTECH POWER CO., LTD. SPACE ENERGY CORPORATION COMTEC SOLAR(HONG KONG) LIMITED WAFER WORKS CORPORATION DC WAFERS INVESTMENTS SOCIEDAD LIMITADA SEMI-MATERIALS.,CO.LTD GREEN ENERGY TECHNOLOGY INC. EVERSOL CORP.,. NEXOLON CO.,CO.LTD SINO-AMERICAN SILICON PRODUCTS INC. DEUTSCHE SOLAR AG HELIOS TECHNOLOGY SRL WAFER WORKS CORPORATION MOTECH INDUSTRIES INC. SWISS WAFERS AG SPACE ENERGY CORPORATION WUXI SUNTECH POWER CO., LTD. GREEN ENERGY TECHNOLOGY INC. COMTEC SOLAR (HONG KONG) LIMITED MOTECH INDUSTRIES INC. YINGLI RENESOLA NEXOLON CO.,LTD. |
|
Competitors |
KOREA FINE CHEMICAL CO., LTD. 7F, HWAIN CHEMICAL BLDG., 190-3,
CHUNGJEONGNO 2-GA, SEODAEMUN-GU, SEOUL 120-012 KOREA TEL: 82-2-3149-5300 FAX: 82-2-364-8397 BASF CO., LTD. 373-15, HWACHI-DONG, YEOSU-SI, JEONNAM-DO
555-280 KOREA TEL: 82-61-680-7000 FAX: 82-61-684-7260 KOREA CARBON BLACK CO., LTD. 350, WOLNAE-DONG, YEOSU-SI, JEONNAM-DO
555-260 KOREA TEL: 82-61-690-5114 FAX: 82-61-690-5280 INDUSTRY: MANUFACTURE OF OTHER BASIC
INORGANIC CHEMICALS AEKYUNG PETROCHEMICAL CO., LTD. MISEONG BLDG., 106-3, GURO 5-DONG, GURO-GU,
SEOUL 152-842 KOREA TEL: 82-2-850-2000 FAX: 82-2-838-8435 |
Related
Parties (Subsidiaries, Joint-Venture & Affiliates)
|
Affiliates-Domestic |
UNION CORPORATION(110111-0200579) UNID CO.,LTD(110111-0275069) NEXOLON CO., LTD.(110111-3720673) ETEC E&C LIMITED(110111-0327555) OCI INFORMATION &
COMMUNICATION(110111-1443780) GUNJANG ENERGY CO., LTD.(211111-0014332) ETEC INFRA CO., LTD.(120111-0467531) QUARTZ TEC LIMITED(214911-0029879) SG DEVELOPMENT CO.,LTD.(211111-0033639) OCI CORPORATION(110111-1072159) UNID LED CO., LTD.(110111-4593623) OCI SE CO., LTD.(211111-0035867) OCI POWER CO., LTD.(110111-4984137) OCI SEOUL PHOTOVOLTAIC POWER GENERATION CO., LTD.(110111-4989111) OCI SOUTH PHOTOVOLTAIC POWER GENERATION CO., LTD.(211111-0037491) ODAEYANG PHOTOVOLTAIC POWER GENERATION CO., LTD.(211111-0039009) HEANG BOK DO SI PHOTOVOLTAIC POWER CO., LTD.( 131111-0336311) RJCHOLDINGS LTD.(110114-0128725) HYUNDAI OCI CO., LTD.(161411-0036258) (49.00% held by the subject Company) ORDEG.CO.,LTD.(110111-0407357) (20.0% held by the subject Company) ELPION CO., LTD.(161511-0108609) (73.73% held by the subject Company) OCI-FERRO.,CO LTD(110111-2410233) (50.0% held by the subject Company) EYANG CHEMICAL CO.,LTD.(110111-0506216) (50.0% held by the subject Company) DCRE CO., LTD.(120111-0464149) (100.0% held by the subject Company) OCI MATERIALS CO., LTD.(190111-0006971) (49.10% held by the subject Company) OCI SPECIALTY CO., LTD.(161511-0108609) (78.07% held by the subject Company) OCI INFORMATION & COMMUNICATION CO., LTD.(110111-1443780) (100.0% held by the subject Company) OCI SE CO., LTD.(211111-0035867) (100.0% held by the subject Company) OCI POWER CO., LTD.(110111-4984137) (100.0% held by the subject Company) |
|
Affiliates-Overseas |
OCI ENTERPRISES INC. OCI CHEMICAL CORP. OCI CHEMICAL EUROPE, OCI WYOMING HOLDING CO., LTD. OCI WYOMING CO., LTD. OCI WYOMING LP. CC ACQUISITION LLC CC HOLDCO (CAYMAN) CC HOLDCO (LUXEMBOURG) COLUMBIAN HUNGARY COLUMBIAN ITALY CC HOLDCO(U.K) LIMITED COLUMBIAN (U.K) LIMITED SEVALCO LIMITED COLUMBIAN JAPAN COLUMBIAN CANADA COLUMBIAN BRAZIL COLUMBIAN CHEMICALS EUROPA GMBH COLUMBIAN CARBON DEUTSCHLAND GMBH COLUMBIAN CHEMICALS COMPANY COLUMBIAN INTERNATIONAL TRADING CO. COLUMBIAN INTERNATIONAL CHEMICALS CORP. COLUMBIAN TECHNOLOGY CO. NORTH BEND COGEN LLC COLUMBIAN SPAIN COLUMBIAN HOLDING CO. ZHEJIANG DC CHEMICAL CO., LTD. SHANDONG DC CHEMICAL CO., LTD. CONFLUENCE SOLAR INC. |
|
Overseas Office |
|
|
Liaison Office |
|
|
Overseas Branch |
|
|
Joint Venture |
|
|
Subsidiary |
OCI VIETNAM CO., LTD. (100.0% held by the subject company) OCI ENTERPRISES INC. (100.0% held by the subject company) OCI SPECIALTY CO.,LTD.(161511-0108609) (68.16% held by the subject company) OCI INFORMATION & COMMUNICATION CO.,
LTD.(110111-1443780) (100.0% held by the subject company) DCC(SHANGHAI) CO., LTD. (100.0% held by the subject company) OCI JAPAN CO., LTD. (99.99% held by the subject company) OCI CHINA CO., LTD. (100.0% held by the subject company) OCI SE CO., LTD.(211111-0035867) (100.0% held by the subject company) OCI POWER CO., LTD.(110111-4984137) (100.0% held by the subject company) OCI GLOBAL LTD. (100.0% held by the subject company) HEANG BOK DO SI PHOTOVOLTAIC POWER CO.,
LTD.(131111-0336311) (40.0% held by the subject company) OCIM SDN. BHD (100.0% held by the subject company) MA STEEL OCI CHEMICAL CO., LTD. SHANDONG OCI-JIANYANG CARBON BLACK CO., LTD. LONGKOU HUAZHUN NEW ENERGY DEVELOPMENT CO., LTD. ELPION SILICON SDN. BHD. TANGSHAN OCI CHEMICAL CO., LTD. SHANDONG OCI CO., LTD. HUAIAN HONGYA NEW ENERGY DEVELOPMENT CO., LTD. |
|
Corporate Ownership |
|
|
Major Shareholders |
|
|
Cooperative Enterprise |
|
Sales by Region (Activity & Markets)
|
Sales/ Unit :Mil.
KRW |
2017 |
2016 |
2015 |
|
Export |
1,932,390 |
1,778,801 |
1,685,781 |
|
Domestic |
562,004 |
466,510 |
488,818 |
|
Total |
2,494,394 |
2,245,311 |
2,174,599 |
The Subject exports to USA, Hong Kong, China, Indonesia, Vietnam, South
America and Europe..
Court Action
|
Case No. |
Court |
Plaintiff(s)/ Creditor(s)/ Applicant(s) |
Defendant(s)/ Debtor(s)/ Respondent(s) |
Cause |
Amount (KRW) |
Status |
|
|
Seoul Central District Court |
Wacker Chemie AG(Germany) |
The Subject Company |
Infringement of Patents |
100,000,000 |
Filed as of 02/2017 |
News Clipping
-------
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
INR 65.68 |
|
|
1 |
INR 93.98 |
|
Euro |
1 |
INR 81.30 |
|
KRW |
1 |
INR 0.062 |
Note :
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
|
Analysis Done by
: |
NIS |
|
|
|
|
Report Prepared
by : |
TPT |
RATING EXPLANATIONS
|
Credit Rating |
Explanation |
Rating Comments |
|
A++ |
Minimum Risk |
Business dealings permissible with minimum
risk of default |
|
A+ |
Low Risk |
Business dealings permissible with low risk
of default |
|
A |
Acceptable Risk |
Business dealings permissible with
moderate risk of default |
|
B |
Medium Risk |
Business dealings permissible on a regular
monitoring basis |
|
C |
Medium High Risk |
Business dealings permissible preferably on
secured basis |
|
D |
High Risk |
Business dealing not recommended or on
secured terms only |
|
NB |
New Business |
No recommendation can be done due to
business in infancy stage |
|
NT |
No Trace |
No recommendation can be done as the business
is not traceable |
NB is stated where there is insufficient information to facilitate rating. However, it is not to be considered as unfavourable.
This score serves as a reference to assess
SC’s credit risk and to set the amount of credit to be extended. It is
calculated from a composite of weighted scores obtained from each of the major
sections of this report. The assessed factors are as follows:
·
Financial
condition covering various ratios
·
Company
background and operations size
·
Promoters
/ Management background
·
Payment
record
·
Litigation
against the subject
·
Industry
scenario / competitor analysis
·
Supplier
/ Customer / Banker review (wherever available)
This report is issued at
your request without any risk and responsibility on the part of MIRA INFORM
PRIVATE LIMITED (MIPL) or its officials.