[Asia Economy Reporter Hyunseok Yoo] Yeonwoo, a company specializing in cosmetic pumps and containers, announced on the 4th that its household goods business is expanding as orders for pump materials for hand sanitizer products are pouring in.
A company official explained, "Recently, due to concerns over the spread of the novel coronavirus infection, sales of hand sanitizers have increased, leading to a surge in orders for materials for hand sanitizer products."
The 3cc pump, scheduled to be supplied as a material for hand sanitizer products, was developed in-house by Yeonwoo. It is currently being sold for shampoos, body washes, and body lotions. Through this order for hand sanitizer products, it is expected that the household goods business sector will expand further along with diversification of the sales portfolio.
A Yeonwoo official stated, "Following the supply of pump materials for shampoo and treatment products to TS Trillion, the number one company in the domestic hair loss shampoo market, we will further expand our entry into the household goods business with the order for hand sanitizer product materials."
CEO Jigunghyun said, "Concerns over the spread of the novel coronavirus infection are increasing day by day," adding, "We will do our best as a Korean company to contribute to the swift stabilization of the situation domestically through the smooth supply of materials for hand sanitizer products."
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