Buhmwoo Chemical Industrial Co., Ltd. (범우화학공업(주)) is a specialized metalworking fluid company established in 1973, focusing on the development and production of various industrial lubricants such as cutting oils, rust preventive oils, cleaning oils, heat treatment oils, plastic working oils, and rolling oils. The company contributes to key industries like automotive, steel, machinery, and electronics by supplying essential metalworking fluids for manufacturing development. Notably, it made a significant contribution to technological independence by successfully localizing rolling oils, which were entirely imported until the mid-1970s. Through continuous R&D investment and eco-friendly product development, the company strengthens its competitiveness in the global market. It has grown into a global enterprise supplying its products to over 10,000 customers worldwide.BuhmwooChemicalIndustrialCo.,Ltd.(범우화학공업(주))isaspecializedmetalworkingfluidcompanyestablishedin1973,focusingonthedevelopmentandproductionofvariousindustriallubricantssuchascuttingoils,rustpreventiveoils,cleaningoils,heattreatmentoils,plasticworkingoils,androllingoils.Thecompanycontributestokeyindustrieslikeautomotive,steel,machinery,andelectronicsbysupplyingessentialmetalworkingfluidsformanufacturingdevelopment.Notably,itmadeasignificantcontributiontotechnologicalindependencebysuccessfullylocalizingrollingoils,whichwereentirelyimporteduntilthemid-1970s.ThroughcontinuousR&Dinvestmentandeco-friendlyproductdevelopment,thecompanystrengthensitscompetitivenessintheglobalmarket.Ithasgrownintoaglobalenterprisesupplyingitsproductstoover10,000customersworldwide.
Key Products/TechnologiesKeyProducts/Technologies
Main Product Groups: Cutting oils, rust preventive oils, cleaning oils, heat treatment oils, plastic working oils, rust preventive waxes, commercial lubricants, rolling oils, adhesives, coatings, and surface treatment agents, among other metalworking fluids and industrial lubricants.MainProductGroups:Cuttingoils,rustpreventiveoils,cleaningoils,heattreatmentoils,plasticworkingoils,rustpreventivewaxes,commerciallubricants,rollingoils,adhesives,coatings,andsurfacetreatmentagents,amongothermetalworkingfluidsandindustriallubricants.
Representative Product Models: Specific metalworking fluid products including #EX-430DB, #EX-440, #EX-680, #NX-115CFR, #BIO-840, #EX-760, #EX-7900R, #EX-8500, #EX-960, and #ZOL-780AL.RepresentativeProductModels:Specificmetalworkingfluidproductsincluding#EX-430DB,#EX-440,#EX-680,#NX-115CFR,#BIO-840,#EX-760,#EX-7900R,#EX-8500,#EX-960,and#ZOL-780AL.
Core Technologies: Pioneering technology for the domestic production of rolling oils in the mid-1970s, previously 100% imported. Development and patenting of eco-friendly water-soluble cleaning agents. Focused development capabilities for thermal interface materials and coatings for electronic components, catering to the electric and hydrogen vehicle era.CoreTechnologies:Pioneeringtechnologyforthedomesticproductionofrollingoilsinthemid-1970s,previously100%imported.Developmentandpatentingofeco-friendlywater-solublecleaningagents.Focuseddevelopmentcapabilitiesforthermalinterfacematerialsandcoatingsforelectroniccomponents,cateringtotheelectricandhydrogenvehicleera.
Surface Treatment Technologies: Development of Non-Cr eco-friendly water-based thermosetting organic-inorganic composite resin solutions for electro-galvanized iron (EGI) and hot-dip galvanized (HDG) steel sheets. Primer-free surface treatment agents for color-coated steel sheets, enabling process cost reduction and environmentally friendly products.SurfaceTreatmentTechnologies:DevelopmentofNon-Creco-friendlywater-basedthermosettingorganic-inorganiccompositeresinsolutionsforelectro-galvanizediron(EGI)andhot-dipgalvanized(HDG)steelsheets.Primer-freesurfacetreatmentagentsforcolor-coatedsteelsheets,enablingprocesscostreductionandenvironmentallyfriendlyproducts.
Research and Development Capabilities: High R&D investment ratio, reaching close to 8% of sales (historically 6-10%, over half of operating profit in 2021). Operation of BIT Buhmwoo Research Institute, the largest independent corporate R&D center in the industry, with over 100 researchers. Recognized as a KOLAS (Korea Laboratory Accreditation Scheme) accredited testing laboratory, capable of issuing official test reports for 6 items including salt spray testing and surface tension testing.ResearchandDevelopmentCapabilities:HighR&Dinvestmentratio,reachingcloseto8%ofsales(historically6-10%,overhalfofoperatingprofitin2021).OperationofBITBuhmwooResearchInstitute,thelargestindependentcorporateR&Dcenterintheindustry,withover100researchers.RecognizedasaKOLAS(KoreaLaboratoryAccreditationScheme)accreditedtestinglaboratory,capableofissuingofficialtestreportsfor6itemsincludingsaltspraytestingandsurfacetensiontesting.
Core AdvantagesCoreAdvantages
Technological Leadership and Localization Capability: Successfully localized rolling oils in the mid-1970s, which were previously entirely imported, significantly contributing to the development of domestic manufacturing. Capability to produce over 1,500 types of products and develop over 600 types of customized special lubricants.TechnologicalLeadershipandLocalizationCapability:Successfullylocalizedrollingoilsinthemid-1970s,whichwerepreviouslyentirelyimported,significantlycontributingtothedevelopmentofdomesticmanufacturing.Capabilitytoproduceover1,500typesofproductsanddevelopover600typesofcustomizedspeciallubricants.
Aggressive R&D Investment: High R&D expenditure relative to sales and operation of the largest independent research institute (BIT Buhmwoo Research Institute) in the industry. Assurance of technological reliability through KOLAS accreditation as a testing laboratory.AggressiveR&DInvestment:HighR&Dexpenditurerelativetosalesandoperationofthelargestindependentresearchinstitute(BITBuhmwooResearchInstitute)intheindustry.AssuranceoftechnologicalreliabilitythroughKOLASaccreditationasatestinglaboratory.
Customer-Centric Management and Long-Term Partnerships: A management philosophy focused on 'enhancing customer value and supporting customer growth,' maintaining long-term cooperative relationships with major domestic companies like Hyundai Motor and POSCO for over 40 years. High customer satisfaction through customized product development.Customer-CentricManagementandLong-TermPartnerships:Amanagementphilosophyfocusedon'enhancingcustomervalueandsupportingcustomergrowth,'maintaininglong-termcooperativerelationshipswithmajordomesticcompanieslikeHyundaiMotorandPOSCOforover40years.Highcustomersatisfactionthroughcustomizedproductdevelopment.
Global Market Expansion and Export Competitiveness: Established a global sales network, supplying products to over 10,000 customers worldwide, including China, India, Vietnam, the USA, and Mexico. Operation of 7 overseas subsidiaries in 6 countries and a high export ratio compared to industry average.GlobalMarketExpansionandExportCompetitiveness:Establishedaglobalsalesnetwork,supplyingproductstoover10,000customersworldwide,includingChina,India,Vietnam,theUSA,andMexico.Operationof7overseassubsidiariesin6countriesandahighexportratiocomparedtoindustryaverage.
Leadership in Eco-Friendly Technology Development: Continuous investment in minimizing hazardous chemical substances and developing eco-friendly products. Development of water-soluble rust preventive oils and Non-Cr eco-friendly surface treatment technologies.LeadershipinEco-FriendlyTechnologyDevelopment:Continuousinvestmentinminimizinghazardouschemicalsubstancesanddevelopingeco-friendlyproducts.Developmentofwater-solublerustpreventiveoilsandNon-Creco-friendlysurfacetreatmenttechnologies.
Human-Centered Management and Social Contribution: A management philosophy that values employees, with no involuntary layoffs or labor disputes since its establishment. Active social contribution activities, including operating an in-house welfare fund, employee stock ownership plans, scholarship programs, and supporting rural self-reliance initiatives.Human-CenteredManagementandSocialContribution:Amanagementphilosophythatvaluesemployees,withnoinvoluntarylayoffsorlabordisputessinceitsestablishment.Activesocialcontributionactivities,includingoperatinganin-housewelfarefund,employeestockownershipplans,scholarshipprograms,andsupportingruralself-relianceinitiatives.
Target IndustriesTargetIndustries
Automotive Industry: Supply of cutting oils, rust preventive oils, lubricants, and other essential fluids for automotive parts processing and production (accounting for approximately 70% of total sales).AutomotiveIndustry:Supplyofcuttingoils,rustpreventiveoils,lubricants,andotheressentialfluidsforautomotivepartsprocessingandproduction(accountingforapproximately70%oftotalsales).
Steel Industry: Provision of rolling oils, rust preventive oils, and other crucial fluids for steel production and processing.SteelIndustry:Provisionofrollingoils,rustpreventiveoils,andothercrucialfluidsforsteelproductionandprocessing.
Machinery Industry: Supply of metalworking fluids and lubricants used in the processing, assembly, and maintenance of various machine components.MachineryIndustry:Supplyofmetalworkingfluidsandlubricantsusedintheprocessing,assembly,andmaintenanceofvariousmachinecomponents.
Electronics Industry: Development and supply of thermal interface materials and coatings for electronic component manufacturing processes, thermal management, and functional protection.ElectronicsIndustry:Developmentandsupplyofthermalinterfacematerialsandcoatingsforelectroniccomponentmanufacturingprocesses,thermalmanagement,andfunctionalprotection.
Major MarketsMajorMarkets
China, India, Vietnam, Japan (technology export)China,India,Vietnam,Japan(technologyexport)
Czech Republic (overseas subsidiary), Germany (technology exchange and export), Romania (technology export), Eastern European countries (technology export)CzechRepublic(overseassubsidiary),Germany(technologyexchangeandexport),Romania(technologyexport),EasternEuropeancountries(technologyexport)
United States, MexicoUnitedStates,Mexico
Certifications/PatentsCertifications/Patents
Certifications: NICE Technology Evaluation Excellent Company Certification (2017), 6th 'Myeongmun Jangsu' (Prestigious Long-Lived) Company Selection (2021), Presidential Commendation for Quality Management Award (2002), KS Grand Prize for two consecutive years (2003-2005), Gold Tower Industrial Service Merit (2004), ISSMA (International Standards System Management Awards) Grand Prize (2005), Ministry of Trade, Industry and Energy 'World-Class Product' selection (Temper Rolling Oil, 2012-2014), ISO 9001 (1994, industry's first), ISO 14001 (1997, industry's first), QS 9000 (2000), ISO/TS 16949 (2003), ASME NQA-1 (1998, Nuclear Quality Assurance Certification), KOLAS (Korea Laboratory Accreditation Scheme) Accredited Testing Laboratory (BIT Buhmwoo Research Institute).Certifications:NICETechnologyEvaluationExcellentCompanyCertification(2017),6th'MyeongmunJangsu'(PrestigiousLong-Lived)CompanySelection(2021),PresidentialCommendationforQualityManagementAward(2002),KSGrandPrizefortwoconsecutiveyears(2003-2005),GoldTowerIndustrialServiceMerit(2004),ISSMA(InternationalStandardsSystemManagementAwards)GrandPrize(2005),MinistryofTrade,IndustryandEnergy'World-ClassProduct'selection(TemperRollingOil,2012-2014),ISO9001(1994,industry'sfirst),ISO14001(1997,industry'sfirst),QS9000(2000),ISO/TS16949(2003),ASMENQA-1(1998,NuclearQualityAssuranceCertification),KOLAS(KoreaLaboratoryAccreditationScheme)AccreditedTestingLaboratory(BITBuhmwooResearchInstitute).
Patents: Rolling oil additive and rolling oil composition containing the same (Registration No. 10-482203, Registration Date 2005.03.31), Corrosion-resistant and highly adhesive steel sheet for automotive fuel tanks and manufacturing method thereof, Patent for eco-friendly water-soluble cleaning agent, Acquisition of 5 patents in the rolling oil field (historical), Possession of 17 invention patents (as of 2013, with over 100 actual developed technologies).Patents:Rollingoiladditiveandrollingoilcompositioncontainingthesame(RegistrationNo.10-482203,RegistrationDate2005.03.31),Corrosion-resistantandhighlyadhesivesteelsheetforautomotivefueltanksandmanufacturingmethodthereof,Patentforeco-friendlywater-solublecleaningagent,Acquisitionof5patentsintherollingoilfield(historical),Possessionof17inventionpatents(asof2013,withover100actualdevelopedtechnologies).
Introduction
Location
7-15 Baumoe-ro 27-gil, Seocho District, Seoul, South Korea