Celebrating the End of a Succe
No. 11 Date registered : 2014.12.22 10449 hits

Celebrating the conclusion of yet another successful year, members of KPB, at Yeosu and Seoul alike, organized a campaign for delivering briquettes to homes in need in their respective regions.

On December 10, the Yeosu Plants saw foreman Yeong-ho Jeong and 37 other employees deliver briquettes that have been purchased with employee-raised charity funds to seniors living by themselves and other needy households in Jusam-dong. Volunteers felt saddened by the living conditions of and the chilly weather in the neighborhood. At the same time, however, they also felt glad for having done something for the locals.

On December 18, the Seoul Office saw KPB’s CEO Dong-joon Moon, along with 53 other employees and 13 employees from Kumho Trading, visit households in need in Junggye-dong, Nowon-gu. The neighborhood was located on a steep hilltop, which was impossible to access because of the thick layers of ice that remained solid under chronic shades. Locals mostly moved about on bicycles and motorcycles, which appeared extremely dangerous. The 70 or so Kumho members who were on the scene had much difficulty delivering the heavy briquettes to the designated homes but this did not stop them from delivering all the briquettes that had been purchased.

In this campaign, based on partnership with the Seoul Briquette Bank, a nonprofit foundation, KPB donated 12,000 briquettes in total to the foundation and delivered 2,400 or so of these briquettes directly to some homes in need. All the participants regretted the fact that they could not bring more briquettes to these homes, as these homes were so tiny that they did not have enough rooms to store spare briquettes.

This year’s charity campaign drew favorable responses from KPB’s employees, who would usually spend this time of the year at company dinners and drinking. This year’s campaign strengthened the company-wide resolve to reform the company culture and celebrate various occasions with good work.

(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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