Collaborated on a business with Chevron chemical
(Far East) Ltd. For VM

Collaborated on a business with Exxon Chemical Korea
Ltd. for VM and completed VM plant

Established an affiliated company; Samkyung Co.,Ltd.

Completed additional P.A.C facility in Ulsan.

Assigned Jong-Won Kim as CEO and president

Opened JINJU factory for producing aluminum sulfate (liquid)

Opened Ulsan factory

Manufactured poly aluminum chloride

Manufactured aluminum sulfate (liquid)

Completed activated kaolin plant

Manufactured plaster for the first time in Korea

Completed aluminum sulfate plant

Renamed Samwoo Chemical Industry Co., Ltd.

Established Samwoo sulfuric acid industry Ltd.