KUMHO P&B CHEMICALS

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SUSTAINABILITY

Quality Management Policy

KPB’s quality assurance policy is to produce and deliver topnotch-quality products that perfectly satisfy all customers’ requirements through continual quality improvement and assurance activities. KPB has garnered the international ISO 9001 certificate on the quality management of all its products in 2000, and also won the ISO 14000 certificate on its environmental management system. The company will continue to cater to all your nedds and expectations through daily quality improvement and assurance activities.

To this end, all the employees and executives at KPB will:

  • Cultivate a thoroughgoing service mindset that puts customers’ needs first and foremost above all else

    Strive to meet customers’ expectations and requirements at all times, recognizing customer satisfaction as the fundamental basis of survival.

  • Incorporate the Quality Management System (ISO9001) into daily routine tasks.

    All members of KPB will master the requirements of the ISO9001 through continued education and training and perform their respective roles and responsibilities accordingly and faithfully.

  • Perform ongoing and continued quality improvement activities

    All members of KPB will apply their best skills and knowledge to identifying nonconformities in quality, service and management systems and continually reforming and improving them so as to achieve greater efficiency at all times and establish a quality management system that satisfies themselves, stakeholders, and customers.

“KPB shall appoint the Manager of the Quality Research Team as the representative of the CEO to ensure the implementation of its quality assurance policy, and authorize him/her with policy discretion necessary to review and improve the effectiveness and efficiency of KPB’s quality management system. All the employees and executives of KPB shall abide by all the rules of quality and actively participate in ongoing and diverse activities for achieving topnotch quality.”

Quality Management System

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(company-specific) Approved EXporter

This system has been introduced to provide support for time and cost savings at the time of issuing a certificate of origin as an increasing number of countries have signed free trade agreements.

A system where the customs authorities provide any exporter approved as capable of proving the origin of the goods with such benefits as simplified procedures for the issuance of certificates of origin, omission of the submission of attached documents, etc.

* Korea-EU FTA : In the case of the exportation of any consignment consisting of originating products whose total value exceeds 6,000 euros, only an approved exporter can self-issue a certificate of origin.
* Korea-ASEAN, China, India, Singapore, Vietnam FTA : Submission of attached documents may be omitted when applying for the issuance of a certificate of origin.
* Korea-EFTA FTA : When an exporter self-issues a certificate of origin, such exporter’s signature may be omitted.

Differences between the company-specific AEX and the product-specific AEX.

  • The company-specific approved exporter system is a blanket authorization system where the procedures for issuing a certificate of origin are operated in a simplified way for all the free trade agreements and all the export goods.
  • The product-specific approved exporter system is a system where the procedures for issuing a certificate of origin are operated in a simplified way after granting authorization as an approved exporter for each relevant FTA and the six digits of each relevant HS code.
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AEO (Authorized Economic Operator)

An authorized economic operator (AEO) is a “party involved in the international movement of goods in whatever function that has been approved by or on behalf of a national customs administration as complying with the World Customs Organization (WCO) or equivalent supply chain security standards.” Authorized Economic Operators include companies and parties concerned that are related to logistics such as importers, exporters, transporters, transportation brokers, warehouses operators, and customer brokers. The AEO concept was established by the WCO and the international community to ensure the security and smooth movement of goods in response to the U.S. trade security measures, which were reinforced after the September 11 attacks.

The introduction of the AEO program enables customs administrations to reject existing practices that had granted selective benefits of customs clearance procedures, which are based on fragmentary standards by the distributor and instead, evaluate the sincerity all distributors based on integrated standards. Consequently, once recognized as excellent, the company can enjoy comprehensive benefits in customs processes, which range from customs clearance for import and export to tax payment.

Three Features of the Korea AEO System

  • 1. The integrated operation of the Business Evaluation System and the Security0 Management System can avoid the overlapping evaluation of a company.
  • 2. The internal control system of a company is autonomously strengthened to increase the degree of law compliance.
  • 3. The ASC concept is more specified. The Korean AEO system is focused on giving benefits by connecting overseas export networks with domestic import networks. Once an AEO status is given to all relevant companies, such as overseas producers and transporters (exporters), international transportation brokers, domestic cargo handlers, warehouse operators, customs brokers, and importers, they can receive unprecedented benefits.
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Responsible Care

Responsible Care (RC) is a global initiative with regard to the environment, safety and health, where most of the developed countries and multinational companies are involved. This is the most comprehensive and long-term program practiced by the chemical industry. RC is a concept that even covers the local residents’ safety and the employees’ health by complementing the existing ISO 1400 (Environment Management), which was mainly engaged in the environment. It is also a voluntary management movement where companies participate with responsibility, which is different from existing regulations-centered environmental policies.

Even though the chemical industry has played a pivotal role in all the industries, it has been recognized as a culprit in the current negative issues because of the emphasis on the risks of chemicals. In this context, the purpose of this initiative is for chemical companies to have more endeavors to ameliorate environmental safety, thus simultaneously recovering its reliability and improving its image.

After adopting RC in 1992, Korea established the Korea Responsible Care Council (www.krcc.or.kr) in December 1999 and became a member of the Responsible Care Leadership Group in September 2000. Factory 1 of Kumho P&B Chemicals has also been actively engaged in the RC initiative after signing a voluntary agreement.

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Germanischer Lloyd (now DNV GL) is a global certificate authority, as well as a leading technical advisor in the fields of maritime, oil and gas, and energy industries.

Our company has first acquired GL Certificates, KER-9100, 9200, 9500, and 9900 (Adhesives), for four products among epoxy resin products, which are used as composite for wind farm blades, automobiles, ships, and more.

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