Updated on Aug. 4, 2015

Ribbon cutting in front of the research and development testing plant. 
Kobayashi, the seventh from right; Oum, the sixth; and Lee; the fourth

On June 15, STEMCO held a completion ceremony for the research and development testing plant.

Blessed with fine weather, the ceremony was attended by about 200 guests led by Toray Industries, Inc.'s Hirofumi Kobayashi, Vice President, and Lee Young-kwan, Chief utive Representative for Korea, and other Toray Group officials from Korea a n d outside the country, Mr. Seol Munsik, Vice Governor of Chungcheongbuk Province, Mr. Yun Jaegil, Vice Mayor of the city of Cheongju and other officials from local municipalities and those from business partner companies. On behalf of the guests, Toray's Kobayashi delivered a congratulatory speech reflecting the expectations on new products being made at the new plant.

During the ceremony, STEMCO President Oum Young-Ha announced the company's medium-term vision, VISION 6600 with the slogan of Challenge, Convergence and Creative, and declared his strong commitment in continuously growing the company through development and commercialization of new products.

It was a great pleasure for all employees to present the new plant in the year that marks the company's 20th anniversary and we renewed our pledge to make further leap in our business.