Eugene Corporation

What Eugene Corporation does

Eugene Corporation is a South Korean construction materials manufacturer and distributor, recognized as the #1 player in the domestic ready-mixed concrete (RMC) and basic building materials sector. Founded in 1954 and headquartered in Seoul (Yeongdeungpo-gu), the company operates 22 certified factories nationwide spanning the Seoul metropolitan area, Gangwon, Chungcheong, Honam, and Gyeongnam regions, supported by a nationwide building material sales office network. It operates as a publicly listed stock company (주식회사) within the diversified Eugene Group (유진그룹) conglomerate, which spans finance, media (YTN), logistics, and other sectors.

The company's core products span RMC, asphalt concrete (Ascon) produced at Suwon and Dangjin factories, steel reinforcement (deformed bars), shaped steel, cement, PHC piles, civil engineering materials, and a comprehensive range of finishing materials (boards, flooring, tiles, sanitary ware, doors, furniture, appliances, insulation, dry mortar, bricks/blocks, wood, and solid fuel). Its RMC operations leverage Smart Factory automation with real-time quality monitoring, modular and mobile Batcher Plant systems, and proprietary low-carbon concrete formulations — including the first low-carbon product certification in the Korean RMC industry (November 2018), multiple Environmental Product Declaration (EPD) certifications, and medium-temperature asphalt technology (~30°C lower production temperature) developed under national research projects. The company holds 22 registered patents and operates an in-house Eugene Technology Research Institute conducting national, joint, and proprietary R&D across concrete, asphalt, production processes, and chemical admixtures.

Eugene monetizes through direct B2B sales of construction materials to mid-to-large Korean construction companies, developers, and general contractors via a sales-led, quote-based pricing model with no public price disclosure. Revenue is generated across four primary streams: RMC manufacturing and sales through owned plants, comprehensive building material distribution (one-stop supply from basic structural to finishing materials), Ascon production and sales, and aggregate/raw material supply through owned quarries and sand operations ensuring vertical raw material control. Secondary targeting includes green construction projects, leveraging EPD-certified products to qualify for G-SEED green building certification credits (R3.2 low-carbon material credit and R3.5 green building material ratio credit).

Name

Eugene Corporation

Legal name

유진기업 주식회사

Website

https://eugenecorp.co.kr

Company type

Public

Founded year

1954

Operating status

Operating

Headcount range

1–10 employees

Short description

Eugene Corporation is a South Korean construction materials supplier and the #1 player in the domestic ready-mixed concrete market, serving mid-to-large construction companies through 22 certified factories and a nationwide building materials distribution network.

Ownership category

akta.pro rank

Product category

Construction Materials

NAICS

Ready-Mix Concrete Manufacturing (32732), Cement Manufacturing (32731), Cement and Concrete Product Manufacturing (3273)

SIC

Concrete Products, Except Block & Brick (3272), Cement, Hydraulic (3241)

akta.pro primary industry

Ready-Mix Concrete Production & Delivery (IMADAAAA)

akta.pro secondary industry

Concrete Masonry Units (CMU) & Concrete Blocks (IMADABAB)

Keywords

• Ready-mixed concrete
• Building materials distribution
• Asphalt concrete production
• Construction material supply
• Steel reinforcement products

Headquarters

HQ city

Seoul

HQ country

South Korea

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Ready-Mixed Concrete (RMC) Manufacturing and Sales: Manufacturing and sales of ready-mixed concrete (레미콘) through a nationwide network of production plants. Revenue generated from product sales to construction companies for building and civil engineering projects. Includes specialty concrete variants such as low-heat, high-strength, and low-carbon products.
2. Building Material Distribution (건자재유통): Distribution of a wide range of construction materials including steel reinforcement bars (철근), shaped steel (형강), cement (시멘트), other steel materials, PHC piles, civil engineering materials, insulation, boards, flooring, tiles, sanitary ware, doors, furniture, appliances, dry mortar, bricks/blocks, timber, winter fuel, and other construction materials. One-Stop total service covering basic materials through finishing materials.
3. Ascon (Asphalt Concrete) Production and Sales: Production and sales of asphalt concrete (아스콘) including high-durability and medium-temperature eco-friendly varieties from Suwon and Dangjin factories.
4. Aggregate and Raw Material Supply: Supply of raw materials for concrete production including Incheon sand operations, Paju Seoksan quarry, Gongju Seoksan quarry, and Gangseo mixed aggregate plant, ensuring stable raw material sourcing.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

Eugene Corporation manufactures and distributes ready-mixed concrete (RMC), asphalt concrete (Ascon), and a comprehensive portfolio of construction building materials through 22 nationwide certified factories and sales offices in Korea. The company operates as a one-stop service provider covering basic structural materials (steel reinforcement, shaped steel, cement, PHC piles) and finishing materials (flooring, tiles, sanitary ware, doors, furniture, appliances, insulation, dry mortar) for construction companies, developers, and contractors.

Product overview

Eugene Corporation (유진기업) is a construction materials conglomerate and one-stop service provider for the construction industry, holding the No. 1 position in Korea's ready-mixed concrete (레미콘) and basic building materials sector. The company operates a comprehensive portfolio of construction material products organized around core products (레미콘 RMC, 아스콘 Asphalt Concrete) and extensive building material distribution categories including steel products (철근 Deformed Bar, 형강 Shaped Steel, 기타철강재 Other Steel Materials), cement (시멘트 Cement), civil engineering materials (토목용 말뚝 PHC Pile, 토목자재 Civil Engineering Materials), finishing materials (보드 Board Products, 바닥재 Flooring, 타일 Tile, 도어 Door, 가구 Furniture, 가전 Electric Appliances), insulation and specialty materials (단열재 Insulating Materials, 드라이모르타르 Dry Mortar), and other construction supplies (목재 Wood, 벽돌 블록 Brick Block, 동계연료 Solid Fuel, 기타자재 Other Materials). The company leverages its nationwide distribution network, self-developed quality management systems, and technology research institute to provide integrated construction material solutions through its Smart Factory and modular production facilities.

Differentiator

Problem solved

Functional benefit

Products and services

• Ready-Mixed Concrete (RMC / 레미콘) Core ready-mixed concrete product manufactured at 22 certified factories nationwide with self-quality control systems, on-site Batcher Plant capabilities, and low-carbon/EPD-certified variants. Sold to construction companies for building and civil engineering projects.
• Asphalt Concrete (Ascon / 아스콘) Asphalt concrete including high-durability and eco-friendly medium-temperature varieties produced at Suwon and Dangjin factories for road pavement applications.
• Deformed Bar (철근) Steel reinforcement bars with axial protrusions and lateral ribs for enhanced concrete bonding, supplied in SD300-SD600 grades with cutting, hole-punching, and Shop DWG processing services for construction projects.
• Shaped Steel (형강) Rolled steel products including H-beams, L-beams, C-beams and structural sections with cutting, hole-punching, and small-component processing services for structural construction applications.
• PHC Pile (토목용 말뚝) Pretensioned spun High-strength Concrete (PHC) piles manufactured using centrifugal force, essential for building foundation stability in apartment and construction projects, with high design load capacity.
• Cement (시멘트) Portland cement, slag cement blended with blast furnace slag powder from the steel industry, and specialty cement products offering workability and cost competitiveness for large-scale construction projects.
• Board Products (보드) Board products including gypsum boards (standard, waterproof, fireproof, antibacterial, soundproof), high-performance boards, ceiling materials, and specialty boards for interior construction.
• Flooring (바닥재) Residential and commercial flooring including plywood wood flooring, fiberboard flooring, hinoki wood flooring, solid wood, engineered flooring, SPC flooring, vinyl sheets, deco tiles, luxury tiles, rubber tiles, and carpet tiles.
• Tile (타일) Ceramic tiles including earthenware tiles, stoneware tiles, polishing/porcelain tiles, junction tiles, and stone tiles for interior and exterior wall and floor applications.
• Sanitary Materials (위생설비) Sanitary ware including toilets (water-saving, ultra-water-saving), washbasins, urinals, water closets, faucets, bidets, accessories, shower booths, bathroom cabinets, bathtubs, and bathroom ceilings.
• Doors (도어) Doors and frames including wood frames, PVC foam frames, wood panels, ABS panels. Handles brands such as Youngrim, Yerim, and Sunwood, with accessories including molding, hinges, handles, hanger rails, and stoppers.
• Furniture (가구) Custom furniture including kitchen cabinets, shoe cabinets, built-in closets, dress rooms, vanities, and accessories with total solution from design to fabrication, installation, and after-sales service.
• Electric Appliances (가전) Built-in appliances, general home appliances, and system heating/cooling products. Brands include LG, Samsung, Daewoo, SK Magic, Hats, and Paceco. Products include washers, TVs, wash towers, clothing care systems, cooktops, refrigerators, and kimchi refrigerators.
• Dry Mortar (드라이모르타르) Pre-mixed dry mortar with cement, dried selected sand, and various property enhancers. Applications include plastering, masonry, floor plastering, tile adhesion, mounting, foaming, self-leveling mortar, tile bed, and special mortars.
• Insulating Materials (단열재) Building insulation including standard insulation (EPS bead method, XPS extrusion method, rigid polyurethane), semi-incombustible insulation (phenol foam, semi-incombustible rigid polyurethane, semi-incombustible bead), incombustible insulation (glass wool, mineral wool), and specialty products.
• Other Steel Materials (기타 철강재) Steel plate products including hot-rolled steel plates, galvanized steel plates, color-coated steel plates, trench cover plates (general, patterned, steel composite), and construction bolts.
• Civil Engineering Materials (토목자재) Civil engineering materials including reinforced soil blocks, Hume pipes, VR pipes, concrete and granite curbstones, and plum pipes for drainage applications.
• Wood (목재) Wood materials categorized by use: civil engineering (earthwork boards), structural (new pine boards, plywood), interior/finishing (Japanese cedar, dimensional lumber, plywood, structural wood, MDF, laminated wood), exterior (preserved wood, WPC composite deck), and hardware items.
• Brick & Block (벽돌·블록) Concrete bricks/blocks, clay bricks, paving blocks, ALC blocks, and lightweight materials for various construction applications.
• Other Building Materials (기타 자재) Miscellaneous building materials including windows/frames, paint, construction cables, waterproofing sheets, wall/floor drainage boards, lighting, fiber reinforcement, wire mesh, gratings, unmanned delivery boxes, stone, sandwich panels, and lightweight steel framing.

Quantifiable outcome

• First low-carbon product certification in the Korean RMC industry (2018)
• +2 more outcomes

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature8 records

Scale indicators7 records

Recent moves5 records

Expansion highlights4 records

Direct peers

• Sampyo Group: Sampyo Group is a major Korean construction materials conglomerate producing ready-mixed concrete, aggregates, cement, and concrete piles, with nationwide plant coverage — directly comparable to Eugene as a Korean RMC and aggregates producer serving the same construction-company customers.
• Sungshin Concrete Industrial: Sungshin Concrete is one of Korea's largest dedicated ready-mixed concrete producers with nationwide batching plants serving large construction-company accounts, directly comparable to Eugene's RMC network and customer base.
• KCC (Korea Cement): KCC is a major Korean cement and construction materials producer with RMC operations; it supplies the same Korean construction-company customer base as Eugene and competes in cement and ready-mix concrete.
• Sungji Cement: Sungji Cement is a Korean cement manufacturer producing Portland and blended cements for concrete and ready-mix applications, competing with Eugene's cement distribution and specialty cement offerings.
• Asia Cement Co., Ltd. (Korea): Asia Cement's Korean operations produce cement, ready-mixed concrete, and aggregates, making it a direct competitor in Korean cement and RMC supply alongside Eugene.
• Halla Cement (Hanlla): Halla Cement is a Korean cement manufacturer and integrated building-materials player with RMC and aggregate operations; it competes directly with Eugene on cement supply and ready-mixed concrete in the Korean market.

Broad incumbents

• Holcim (LafargeHolcim): Holcim is the world's largest ready-mixed concrete producer and a major cement and aggregates supplier, broadly comparable as a global RMC and aggregates incumbent for benchmarking Eugene's plant and product strategy.
• CRH plc: CRH is a major global building materials company producing cement, aggregates, and concrete products through regional operating companies, comparable in business mix and customer base to Eugene Corporation.
• CEMEX, S.A.B. de C.V. CEMEX is a global building-solutions company producing cement, ready-mixed concrete, and aggregates with significant RMC market share worldwide; comparable in scope and business model to Eugene's vertically integrated RMC platform.
• Heidelberg Materials: Heidelberg Materials is a global cement, aggregates, and ready-mixed concrete producer; useful as a global benchmark for Eugene's specialty concrete and low-carbon cement development pipeline.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/eugene-corporation

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries12 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Eugene Corporation