Corporate Logo(source: samyangncchem.com)
Samyang NC Chem, preparing for its KOSDAQ listing, unveiled its business strategies and vision during an IPO briefing held in Yeouido, Seoul, on December 6.
CEO Jeong Hoe-sik stated, “As the leading domestic specialist in semiconductor photoresist(PR) materials, we are actively developing next-generation semiconductor materials such as extreme ultraviolet(EUV) photoresists and high-bandwidth memory(HBM) bump polymers. Through innovative material development that aligns with market demand, we aim to contribute to the sustainable growth of the semiconductor industry.”
Founded in 2008 as NCChem, the predecessor to Samyang NC Chem, the company specializes in developing and manufacturing key components of PR, including polymers and photoacid generators(PAGs).
Notably, in 2015, the company became the first in South Korea to localize the production of critical materials for semiconductor PR. PR is a light-sensitive material essential for forming intricate circuits on wafers during semiconductor manufacturing.
In 2017, Samyang NC Chem established the country’s largest semiconductor materials production facility, showcasing its advanced development and manufacturing capabilities. Since 2018, it has exported PR materials to leading global companies in Japan and the United States, marking its entry into the global market.
As of last year, Samyang NC Chem’s production capacity includes 240 tons of PR polymers, 20 tons of PAGs, and 2,400 tons of wet chemicals annually, making it the largest producer in South Korea.
The company reported revenue of 98.6 billion won in 2023, with a three-year average annual growth rate of 17.3%. For the first three quarters of 2024, the company posted revenue of 81.2 billion won and an operating profit of 8 billion won, with an operating margin of 10%.
Samyang NC Chem plans to issue 1.1 million shares in its IPO, with an expected price range of 16,000–18,000 won per share. The total offering is estimated at 17.6–19.8 billion won.
The company’s demand forecast process will take place from January 6–10, 2025, followed by a public subscription period on January 16–17. The listing is scheduled for February 3, 2025. KB Securities is the lead underwriter for the IPO.
Corporate Logo(source: samyangncchem.com)
Samyang NC Chem, preparing for its KOSDAQ listing, unveiled its business strategies and vision during an IPO briefing held in Yeouido, Seoul, on December 6.
CEO Jeong Hoe-sik stated, “As the leading domestic specialist in semiconductor photoresist(PR) materials, we are actively developing next-generation semiconductor materials such as extreme ultraviolet(EUV) photoresists and high-bandwidth memory(HBM) bump polymers. Through innovative material development that aligns with market demand, we aim to contribute to the sustainable growth of the semiconductor industry.”
Founded in 2008 as NCChem, the predecessor to Samyang NC Chem, the company specializes in developing and manufacturing key components of PR, including polymers and photoacid generators(PAGs).
Notably, in 2015, the company became the first in South Korea to localize the production of critical materials for semiconductor PR. PR is a light-sensitive material essential for forming intricate circuits on wafers during semiconductor manufacturing.
In 2017, Samyang NC Chem established the country’s largest semiconductor materials production facility, showcasing its advanced development and manufacturing capabilities. Since 2018, it has exported PR materials to leading global companies in Japan and the United States, marking its entry into the global market.
As of last year, Samyang NC Chem’s production capacity includes 240 tons of PR polymers, 20 tons of PAGs, and 2,400 tons of wet chemicals annually, making it the largest producer in South Korea.
The company reported revenue of 98.6 billion won in 2023, with a three-year average annual growth rate of 17.3%. For the first three quarters of 2024, the company posted revenue of 81.2 billion won and an operating profit of 8 billion won, with an operating margin of 10%.
Samyang NC Chem plans to issue 1.1 million shares in its IPO, with an expected price range of 16,000–18,000 won per share. The total offering is estimated at 17.6–19.8 billion won.
The company’s demand forecast process will take place from January 6–10, 2025, followed by a public subscription period on January 16–17. The listing is scheduled for February 3, 2025. KB Securities is the lead underwriter for the IPO.