Private company

Korea Engineering Plastics

Logo: Yoonjingi, CC BY-SA 4.0, via Wikimedia Commons3

South Korean business based in Seoul, founded in 19871

Korea Engineering Plastics (KEP) is a South Korean manufacturer of polyoxymethylene (POM). It is the fourth largest polyoxymethylene manufacturer in the world.2 Wikipedia text CC BY-SA 4.0

Last updated Oct 21, 2026.

Overview

1987Founded1

Korea Engineering Plastics (KEP) is a South Korean manufacturer of polyoxymethylene (POM). It is the fourth largest polyoxymethylene manufacturer in the world.2

The story

The company was founded in March 1987 as a joint venture from Tongyang Nylon Co., Ltd. in Korea, Mitsubishi Gas Chemical Company Inc. and Mitsubishi Corporation. It was the first producer of POM in Korea. In 1998, the Hyosung Corp. In the short term, 50 percent of the shares of the Tongyang Nylon Co. bought back in December 1999 by the Celanese AG.

The company has been headquartered in Seoul since 1987. Production facilities are located in Ulsan, Pyeongtaek (Korea) and Nantong (China). The company has locations in Europe, USA and China.

From Wikipedia’s article on Korea Engineering Plastics, shared under CC BY-SA 4.0.4

Products and brands

Position in the polyoxymethylene market

Market leaders at the approx. 800 kt POM market are currently:

Ticona (about 25%)

DuPont (about 20%)

Polyplastics (about 15%)

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KEP (about 12%)

Mitsubishi (about 7%)

BASF (about 5%)

The shareholders of KEP are active in this market with several subsidiaries: Mitsubishi Corporation with its subsidiary Mitsubishi Gas Chemical Company Inc (Japan / Thailand) and its stake in KEP (South Korea), Celanese with its subsidiary Celanese Engineered Materials Ticona) and the Asian holdings in Polyplastics (Japan) and KEP (South Korea).

Products

KEP sells polyoxymethylene (POM) under the brand name Kepital, Polyamide (PA) as kepamide and polybutylene terephthalate (PBT) as Kepex.

From Wikipedia’s article on Korea Engineering Plastics, shared under CC BY-SA 4.0.4

Timeline

  1. 1987Founded Founded1

Sources

The numbers on this page point here. Each one links to the record it came from.

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