Moorim SP Co., Ltd.
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Moorim SP Co., Ltd.: SWOT Analysis &
Company Profile
Reference code: PK0101CP
Published: Nov 2010
Business Review
John Carpenter House
7 Carmelite Street
London EC4Y 0BS
United Kingdom
Tel: +44 (0) 20 7936 6400
Fax: +44 (0) 20 7336 6813
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Moorim SP Co., Ltd. - SWOT Profile Page 1
Moorim SP Co., Ltd.
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Moorim SP Co., Ltd. - Company Overview
MOORIM SP Co., Ltd. (MSCL) is a Korean paper products manufacturing company. The major product class, of the
company, includes industrial paper, information paper, fancy paper and commodity paper. The wide range of commodity
papers are uncoated food packaging paper, the fire proof paper, uncoated shopping bag paper and food packaging paper.
The industry paper includes release base paper, linen embossed paper, cast-coated paper, and uncoated label paper.
The various types of fancy papers such as drawing paper, card board paper, album paper and maker paper, are used for
commercial purposes. The information paper consists of computer paper, optical mark recognition paper and misty yellow
form base paper. The company is headquartered at Gangnam-gu, Seoul, Korea.
Financial Performance
The company reported revenues of KRW 137,705 million during the year 2009.The company's revenues grew at a CAGR
of 7.47% during the period 2007-2009 with a year on year growth of 2.79% over fiscal year 2008. During the fiscal year
2009, its operating margin was 8.06% as against the operating margin of 3.92% during the fiscal year 2008. Moreover,
during the fiscal year 2009 the company’s net income of KRW 16743 million as against the net loss of KRW 7300 million
during the fiscal year 2008.
Moorim SP Co., Ltd. - Key Facts
Moorim SP Co., Ltd., Key Facts
505 Sinsa-Dong, Seoul, , 135-
Ticker Symbol, Stock KDQ (Korea Stock
Corporate Address:
887, Republic of Korea Exchange Exchange(KOSE))
Telephone + 82 2 34851626 No. of Employees 213
Fax + 82 2 34851690 Financial Year End December
URL www.moorim.co.kr Revenue (in KRW Million) 137,705.00
Industry Paper and Packaging Revenue (in USD Million) 107.66
Locations Republic of Korea
Source: Annual Report, Company Website, Primary and Secondary Research
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Moorim SP Co., Ltd. - SWOT Profile Page 2
Moorim SP Co., Ltd.
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Moorim SP Co., Ltd. - Business Description
MOORIM SP Co., Ltd. (MSCL) is engaged in production of various types of paper products. The company has four class
of paper product which includes fancy paper, commodity paper, industrial paper and information paper. MSCL has its
manufacturing unit located at Buk-gu, Daegu, Korea. The production plant has the latest facilities and the latest
technology in terms of machinery and equipments.
The industrial paper products consist of Neo-CCP paper which is highly glossy and have superior printability. This type of
paper is mainly used for cosmetic packaging, medicine packaging and CD packaging. The features of Neo-Green release
base paper are; environment friendly, highly coated and also has excellent stiffness. The Neo-uncoated Label has high
printing efficiency without any curl to it. The paper is used for labeling products such as drink, plastic bowl, and many
more such purpose.
The wide range of fancy paper includes luxury paper, galaxy paper, car board paper, drawing paper, clean Polaris, album
paper, along with naker paper and super milky paper. These different types of paper has varied applications such as high
quality cards, book covers, photos of works, brochures, catalogues, calendars, cosmetic packaging, medicine packaging
and many more such purposes. The paper variety is based on printing quality and smoothness of the paper. The papers
are available in various colours based on the usage. The colours may include, white, gold, silver, ivory, yellow, etc.
The commodity paper such as fire proof paper, uncoated shopping bag paper, coated and uncoated food packaging
paper have varied applications. These types of papers are used variety of applications such as nonflammable wall base
paper, as shopping bag, ice cream packaging, and such applications. The features include: water resistant capacity, hard
and strong, high level of smoothness, and thickness.
The major usage of information paper is for official purposes in various industries. The misty yellow form base paper type
is used for billing, application form, tax statement of payment, notification and insurance certification. The security paper,
which has good stability and stiffness, is used in insurance policy and for visiting cards. The other category of information
paper is gift certificate paper, vote paper, bankbook or cheque book paper and OMR or optical mark reading paper.
MSCL is high end research and development division. The company has various laboratories like paper analysis lab,
paper test lab, paper coating lab, paper printing lab and paper making lab. MSCL carry out R&D activities for development
in manufacturing, process management and products. The company also has seven patent registered under its name.
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Moorim SP Co., Ltd. - SWOT Profile Page 3
Moorim SP Co., Ltd.
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Moorim SP Co., Ltd. - Major Products and Services
Moorim SP Co., Ltd. is engaged in the manufacturing of paper products. The key products of the company include the
follwoing:
Moorim SP Co., Ltd., Major Products and Services
Products:
Industry paper
Information paper
Commodity paper
Fancy paper
Source: Annual Report, Company Website, Primary and Secondary Research
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Moorim SP Co., Ltd. - SWOT Profile Page 4
Moorim SP Co., Ltd.
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Moorim SP Co., Ltd. - History
Moorim SP Co., Ltd., History
Year Event type Description
2009 Corporate Changes/Expansions The company established Moorim Capital Co., Ltd
2008 Patent Grant The company acquired patent grant for method for manufacturing security papers.
2007 Patent Grant The company was granted patent for Polaris paper and manufacturing method thereof.
2004 Corporate Changes/Expansions The company established subsidiary company Moorim UK in the UK.
The company was granted patent for Enzyme application method to save energy
2001 Patent Grant
during paper manufacturing process.
2001 Corporate Changes/Expansions The company established Moorim Chemical Technology Co., Ltd.
The company acquired patent for recycling method of waste paper using exclusive
2000 Patent Grant
ferment for flotation deinking.
The company was granted patent for Recycling method of waste paper using Modified
1999 Patent Grant
Cellul