'60th Anniversary' Kim Jeong-su, President of Samyang Foods, "Leap to a Global Food Company"

Kim Jung-su, President of Samyang Foods, is delivering a commemorative speech at the untact anniversary ceremony on the morning of the 14th.

[Asia Economy Reporter Lim Hye-seon] "We will demonstrate Samyang Foods' strength on the global stage."

Kim Jeong-su, CEO of Samyang Foods, said at the untact anniversary ceremony held ahead of the company's 60th anniversary, "The past 60 years have been a history of challenges driven by the mission to solve people's hunger, and the next 60 years will be a new challenge to become a global food company."

CEO Kim also expressed his commitment to ESG management, stating, "We will move forward as a sustainable company that creates economic and social value and contributes to the development of our society."

Founded in 1961, Samyang Foods has developed by pioneering new areas in the Korean food industry based on the founding spirit of "honesty and trust." It launched Korea's first instant noodle, "Samyang Ramen," establishing ramen as a second staple food and creating a new food culture. Recently, through "Buldak Bokkeum Myun," which has grown into a global brand, it is leading the K-Food craze and growing into a global food company.

Samyang Foods, which produces all export volumes domestically without overseas production plants, achieved $100 million in exports in 2017 and $200 million in 2018. This year, exports are expected to exceed $300 million. In addition, starting with the sales corporation in Japan in 2019, local sales corporations were established in the United States and China this year, and the new factory in Miryang, a forward base for exports, is scheduled to be completed next year.

Meanwhile, to celebrate its 60th anniversary, Samyang Foods produced a company history and promotional video last month, and plans to donate goods to neighbors in need through a matching grant event at its online mall Samyang Mat Shop until the 26th of next month.