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History


  • 2018
    01 Flavor laboratory moved to Head Quarters
    07 Designated as company for excellent health food manufacturing standards GMP
    2017
    05 Change listing to the Capital market, the Securities and Futures Exchange by stock split from registered common shares, total number of shares traded from 11,980,000 shares into 59.9 million (from 1,000 won into 200 in par value per share)
    09 Judged as meeting Pharmaceutical manufacturing and Quality control standards
    2016
    04 Indonesia MUI Halal Certification of food flavor and gum base
    04 Recognized as a prestigious longevity company(From Central Regional Tax Service)
    08 Completion of logistics warehouse store remodeling
    2015
    03 Completion of CMC plant remodeling
    04 Ca-CMC DMF filed to FDA(DMF Number:DMF 29337)
    09 Flavor laboratory moved to Seoul
    09 Confirmed new construction of second plant
    11 Registered history tracking management for health food
    2012
    04 Completion of production facility in Paclitaxel plant(GMP facilities)
    05 Completion of the production facility in the health food plant
    10 FSSC 22000 certificate obtained
    2010
    08 Completion of production facility in Docetaxel plant
    09 Designated as being suitable for GMP in pharmaceutical raw materials (Food and Drug Administration)
    09 Production and sale of pharmaceuticals (Bolak dosetaxel trihydrate (raw)) declaration certificate obtained
    (Kyungin Local Food and Drug Administration)
    2009 04 Registered common shares in the amount of 480,000 shares (a total of 11,980,000 shares listed, par value of 1,000 won per share) additionally listed to Korea Stock Exchange by paid-in capital increase (third party allocation) - Capital stock of 119.8 billion
    2008
    02 Change listing to the Capital market, the Securities and Futures Exchange by stock split from registered common shares, total number of shares traded from 2.3 million shares into 11.5 million (from 5,000 won into 1,000 in par value per share)
    07 Completion of production facility in new spices plant
    07 Completion of drug storage facilities (to engage in wholesale /retail business of medicines)
    10 Designated as eligible for drug distribution management standards (KGSP)
    (The Food and Drug Administration, Sales Industry: General wholesale)
    2007
    04 HALAL certificate obtained for PINEAPPLE FLAVOR 20659
    12 listing to the Capital market, the Securities and Futures Exchange, registered common shares 540,000 shares, 5000 won par value per share
    2006 04 HALAL certificate obtained for MILK FLAVOR 10413, MILK FLAVOR 10434
    2004 11 KOSHER certificate obtained for calcium CMC (2004.11.01~ present)
    2003
    05 ISO 9001, 14001 certified
    2002 03 Judged as meeting excellent pharmaceutical ingredients manufacturing and quality control standards (BGMP), demonstrated by Food and Drug Administration
    2001
    01 10 New Technology Award in 2000 (erythritol biotechnological production techniques - Ministry of Commerce, Industry and Energy)
    02 Listing made to Korea Stock Exchange of paid-in capital increase, registered common shares, 584,134 shares, in par value of 5,000 won per share
    07 Selected as Venture Company (extension of 09/07/99 selection in R & D Investment Business - Gyeonggi Local Small & Medium Business Administration)
  • 2000
    06 2ndInstituteofTechnologyauthorized
    06 Erythritol production technology KT by microbial fermentation acquisition
    08 Permission for paclitaxel pharmaceutical ingredients (extraction and purification)
    1999
    09 Selected as Venture Company (in R & D Investment Business - Gyeonggi Local Small & Medium Business Administration)
    10 Gyeonggi Province Governor Award
    1998
    02 Selected as a promising export small & medium business (Small and Medium business corporation)
    04 Selected as a promising small & medium business (Gyunggi Province)
    08 Xylitol Jangyoungshil Award (Ministry of Science and Technology)
    11 The second plant (xylitol plant) completed at 307-11, Songsan-Ri, Yanggam-Myeon, Hwaseong City,, Gyeonggi province
    12 840 pyong Xylitol production facility completed
    1997
    03 750 pyong GUM BASE automation facility completed
    04 Xylitol production technology KT by microbial fermentation acquired
    11 Establishment of second plant approved
    12 Additional listing to Korea Stock Exchange registered common shares 175,866 shares, par value of 5,000 won per share. Capital stock of 58.8 million.
    1995 05 Minister of Labor Award
    1994
    11 Listing to Korea Stock Exchange of registered common shares in the amount of 70,000 shares, with par value of 5,000 won, with premium on common stock in capital increase without consideration. Capital stock of 38.5 billion.
    12 Listing to Korea Stock Exchange of registered common shares in the amount of 230,000 shares, in par value of 5,000 won per share, in paid-in capital increase. Capital stock increases into 5 billion.
    1993 05 BIO CLEAN ROOM (sterile facility)spanning more than 110 pyong installation completed
    1992
    03 Ministry of Finance Award
    07 Extraction and concentration equipment spanning more than 110 pyeong installed
    1991 04 Largest shareholder changed from Chung, Gyu-Young (44.99% Ownership) to Chung, Kie-Ryun (44.99%)
  • 1990
    09 Internal Labor Welfare Fund has been established thanks to fund donation of the late Chung, Gyu-Young President
    10 Inauguration of President Chung, Kie-Ryun
    1989
    03 Bolak Co., Ltd. renamed Bolak Co.,Ltd.
    11 Listing made to the capital market, the Korea Stock Exchange registered common stock 700,000 shares at a par value of 5,000 won per share. Capital stock of 3.5 billion.
    1988 07 Contracted with Samil Economy & Management Institute for computerization to keep up with the office automation trend
    1987
    04 Rhett's Latest chocolate manufacturing machines from BUHLER introduced and installed
    06 Head office and the new plant construction completed at 307-11, Songsan-Ri, Yanggam-Myeon, Hwaseong City, Gyeonggi province
    1986
    03 Director of the National Tax Service Award
    10 Seoul plant machinery dismantling and moving & installation
    1985 10 Installed NIRO's SPRAY DRYER
    1984
    01 Planned plant movement of Seoul plant site due to urban planning
    06 Re-designated as an “established” company from a superior one based on listed company regulations
    10 The new plant construction started at Yanggam-Myeon, Hwaseong City, Gyeonggi province
    12 Established annexed technology research center approved by Ministry of Science and Technology
    1983 03 Selected as a promising small and medium business by Korea Phosphate Tobacco Research Institute, under Ministry of Commerce and Industry Reorganization Act No. 01664
    1981 05 Recognized as a designated registered corporation based on registered corporations administrative regulations, and at the same time selected as a superior corporation
  • 1980 05 Changed into a voluntary registered corporation based on registered corporations administrative regulations
    1979
    02 Office opened at 20-6, Bukchang-Dong, Jung-Gu, Seoul
    05 Recognized as a general registered corporation out of the registered corporations
    1978 05 Selected as a superior corporation among securities registered corporations
    1977 07 Designated as a securities registered corporation
    1976 04 Domestic development and production of food coloring
    1973 12 Expansion of calcium CMC plant spanning more than 300 pyong
    1971
    03 Completion of the Research Hall and Welfare Hall spanning more than 500 pyong
    07 Expansion of calcium CMC plant spanning more than 300 pyong
    1970 12 Completion of warehouse spanning more than 500 pyong
    1967 04 Production of 1st chocolate processed products, through the introduction of the latest Western machines
    1965 12 Expansion of the plant spanning more than 780 pyong
    1963 06 Korea Agricultural Industry Ltd. renamed as Borak Fragrant Industry Ltd.
    1959 08 Korea Agricultural Industry Ltd. established at Shingil-Dong, Yeongdeungpo-Gu, Seoul