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History

Towards a more promising tomorrow than today,
We are opening up a new future with constant challenges.
History
The beginning 1963 ~ 1993
A partner in the steel industry
  • Refractories Manufacturing (1963~1993)

  • 1963.01
    Establishment of Samhwa Hwasung Co., Ltd.
  • 1974.02
    Construction of Pohang Plant for magnesia clinkers
  • 1983.09
    Construction of a fully automated factory for irregular-shaped refractories
  • 1983.12
    Founded a technology research center
  • Refractory Maintenance (1971~1993)

  • 1971.05
    Establishment of Pohang Industrial Furnace Co., Ltd.
  • 1973.05
    Designated as a maintenance partner by POSCO
  • 1987.03
    Company was renamed Pohang Furnace Co., Ltd.
  • 1993.04
    Company was renamed Keoyang Furnace Co., Ltd.
Early days 1994 ~ 2008
Acquiring competitiveness in the basic material industry
  • 1994.12
    Company was renamed Pohang Iron and Steel Furnace Equipment Co., Ltd. (Samhwa Hwasung merged with Keoyang Furnac)
  • 2001.04
    Company was renamed POSREC Co., Ltd.
  • 2001.10
    Listed on KOSDAQ
  • 2003.07
    Declared the Code of Ethics
  • 2004.07
    Started the Nanumi Volunteer Group
  • 2006.07
    Earned Safety and Health Management System (KOSHA 18001) certification
  • 2008.02
    Operation of a lime burning facility at Pohang Steelworks
  • 2008.11
    Operation of a lime burning facility at Gwangyang Steelworks
Transformative growth2009 ~ 2020
Revamping the company into a future-ready business
  • POSCO Chemtech(2010~2018)

  • 2010.03
    Company was renamed POSCO Chemtech
  • 2010.08
    Operation of a coke oven gas (COG) facility at Gwangyang Steelworks
  • 2010.09
    Acquisition of anode materials business
  • 2010.11
    Beginning of COG by-product business
  • 2010.12
    Named one of the top 100 companies that created jobs
  • 2011.02
    Operation of a coke oven gas (COG) facility at Pohang Steelworks
  • 2011.11
    Constructed an anode production plant for secondary cells
  • 2011.11
    Earned certification for Quality Management System (ISO 9001) and Environmental Management System (ISO 14001)
  • 2012.01
    Founded a burned lime subsidiary in Indonesia
  • 2012.10
    Acquired Health and Safety Management System (OHSAS 18001) certification
  • 2013.02
    Started a chemical product subsidiary in Indonesia
  • 2013.04
    Breaking ground ceremony for PMC Tech in Gwangyang Steelworks
  • 2013.07
    Set up Yingkou Pohang Ltd.
  • 2014.11
    Won a commendation from the Minister of Trade, Industry and Energy in the performance sharing category for shared growth
  • 2015.10
    First to commercially produce needle cokes
  • 2016.07
    Built the fourth anode material plant
  • 2017.01
    Named Energy Champion of Korea certified by Korea Energy Agency
  • 2017.06
    Won the Best Techno Company award at the 9th KOSDAQ Awards
  • 2018.11
    Construction complete for the first anode production plant for secondary batteries. Broke ground for the second plant.
Transformative growth2009 ~ 2020
Revamping the company into a future-ready business
  • POSCO Chemical(2019~)

  • 2019.03
    Company gets a new name, POSCO Chemical Co., Ltd.
  • 2019.04
    Energy material business is integrated following the merger with POSCO ESM
  • 2019.05
    Marketable securities transferred and listed on KOSPI
  • 2019.07
    A cathode material plant in Gwangyang completed phase 1 of construction
  • 2019.10
    Completed phase 1 of construction of the second anode material plant
  • 2020.04
    Completed phase 2 of construction of the cathode material plant in Gwangyang
  • 2020.04
    Founded a parasports team
  • 2020.07
    Established P&O Chemical (subsidiary)
  • 2021.01
    Increased our paid-in capital by 1,273.5 billion KRW
  • 2021.04
    Celebrated the 50th anniversary of our founding
  • 2021.11
    Published our first responsible mineral report, the first of its kind by a South Korean battery company
  • 2021.12
    Announced jointly with General Motors(GM) a plan to establish a joint venture for the cathode business in North America
  • 2021.12
    Completed our Pohang artificial graphite anode production plant
  • 2022.04
    Started the construction of our Pohang cathode production plant
  • 2022.05
    Launched Ultium CAM, our joint venture with GM, and 8 trillion KRW cathode supply contract with Ultium Cells
  • 2022.07
    Published a roadmap to achieve carbon neutrality for battery materials by 2035
  • 2022.07
    Landed a 13 trillion KRW cathode supply contract with GM
  • 2022.09
    Started the construction of P&O Chemical's anode pitch plant
  • 2022.10
    Completed P&O Chemical's hydrogen peroxide plant
  • 2022.11
    Completed the final phase of our Gwangyang cathode production plant (phases 3 and 4)
  • 2023.01
    Landed a 40 trillion KRW high-nickel cathode supply contract with Samsung SDI
  • 2023.03
    Company gets a new name, POSCO FUTURE M Co., Ltd.
50 Years of
POSCO FUTURE M
포스코퓨처엠 50년사 E-book 표지
Standing on a stepping stone of over 50 years of history,
we are embarking on another journey to become a company achieving 100 years of innovation.
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  • 110, Sinhang-ro, Nam-gu, Pohang-si (1-143, Cheongnim-dong, Nam-gu, Pohang-si)
  • TEL +82-054-290-0114
  • FAX +82-054-292-3417
  • CEO : Yoo Byeong-og
  • Business Registration No. : 506-81-01452
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