Renamed the company from Poongwon Chemical Co., Ltd. to Poongwon Co., Ltd.

Completed construction of the Magok Research Center (Poongwon Chemical Co., Ltd.)

Developed an NMP alternative cleaner

- For cleaning organic materials from OLED products

Received Presidential Commendation (Small and Medium Business Convention)

Received the Respected Entrepreneur Award (Ministry of SMEs and Startups)

Completed construction of the 2nd plant (Hwaseong) for Poongwon Chemical Co., Ltd.

Developed eco-friendly cleaning agents

- For pre-treatment cleaning of automotive parts painting and plating

- For cleaning communication & defense parts, optical lenses, and PCB substrate flux 

Developed epoxy adhesives

- Adhesives for cameras and laser modules

Obtained ISO 45001 certification

Selected as a Family-Friendly Company

Selected as a Promising Small and Medium Enterprise in Gyeonggi-do

Acquired certifications as a Root Technology Company and a Specialized Parts & Materials Company

Expanded Poongwon Chemical Co., Ltd. Headquarters, consolidated and relocated the Technology Research Center

Developed TSP process chemicals and applied them to mass production

Relocated Poongwon Chemical Co., Ltd. headquarters to Singil-dong

Obtained ISO 14001 certification

Obtained ISO 9001 certification

Developed plating chemicals for PCB, lead frames, and BGA

Established company-affiliated research institute

Renamed the company to Poongwon Chemical Co., Ltd. and converted to a corporation

Renamed the company to Poongwon Chemical Trading Co.

Established Yuchang Chemical Products