Union Materials Corp. (KRX:047400)
South Korea flag South Korea · Delayed Price · Currency is KRW
1,664.00
+14.00 (0.85%)
At close: Jul 25, 2025, 3:30 PM KST

Union Materials Company Description

Union Materials Corp., together with its subsidiaries, manufactures and sells ferrite magnets for motors in South Korea and internationally.

The company operates through Ceramic and Ferrite segments. It offers fine ceramics products, such as alumina, silicon nitride, zirconia, and silicon carbide materials; cermet, ceramics, PCBN/PCD cutting tools, tool holders, milling cutters, endmills and drills, and hydraulic expansion chucks; and industrial ceramics, such as faucet discs, ferrule for fiber optics, metalized parts, bio-ceramics, and other related products.

The company also provides ferrite magnets, such as ARC type for D/C motor applications and rectangular (block) type for industrial applications.

It serves automobile, electrical and electronic engineering, and machinery industries. The company was formerly known as Ssangyong Materials Corp. and changed its name to Union Materials Corp. in September 2017.

Union Materials Corp. is headquartered in Daegu, South Korea.

Union Materials Corp.
CountrySouth Korea
IndustryTools & Accessories
SectorIndustrials
Employees248
CEOJin-Young Kim

Contact Details

Address:
151, Seongseogongdannam-ro
Daegu, 704-320
South Korea
Phone82 5 3580 4340
Websiteunionmaterials.com

Stock Details

Ticker Symbol047400
ExchangeKorea Stock Exchange
Stock TypeCommon Stock
Fiscal YearJanuary - December
Reporting CurrencyKRW
ISIN NumberKR7047400007
SIC Code3290

Key Executives

NamePosition
Jin-Young KimChief Executive Officer