What Daejung Chemicals & Metals Co Ltd does

Daejung Chemicals & Metals Co Ltd (대정화금, KOSDAQ ticker 120240) is a South Korean precision chemicals manufacturer founded in 1968 and headquartered in Siheung, Gyeonggi-do. The company operates across three core business segments: (1) a Reagent Business comprising approximately 5,000 domestically manufactured chemical reagent SKUs with a stocked catalog of ~25,000 items covering general analytical reagents, high-purity reagents, HPLC solvents, Karl Fischer titration reagents, and specialty reagents; (2) a Pharmaceutical Raw Materials Business manufacturing 15 items under Gyeongin Regional FDA permit (631/1886) and reselling USP-grade ethanol, anhydrous ethanol, and sodium chloride; and (3) an Electronic Materials Business supplying LCD/OLED display materials and semiconductor photoresist monomers and additives (I-line, KrF, ArF, BARC, SOC, Bump PR) plus custom OEM/ODM synthesis services. The company is the first Korean developer of domestically produced Karl Fischer titration reagents, holding foundational patents (10-0648855/6) that replaced prior full import dependency.

The company monetizes through direct B2B sales to pharmaceutical manufacturers, electronics and semiconductor fabricators, and research/academic institutions, requiring business registration for account creation and routing individual buyers through authorized distributors. Distribution is via four regional offices, an e-commerce storefront on daejungchem.co.kr, dedicated export and import trade departments, and a January 2021 joint venture with SK Chemicals. Manufacturing spans three sites — Siheung (HQ and primary factory), Eumseong (opened October 2020), and Iksan — supplemented by a Daejeon branch and Jongno (Seoul) sales office. Daejung holds ISO 9001 and ISO 14001 certifications, BGMP qualified vendor status, and licenses covering drug distribution, narcotics handling, animal drugs, and food additives. Recent product launches include Baroclean Pro and Baroclino industrial disinfectants (2026), USP reference standard distribution, ChemScene TLC plates, and KANTO ICP-MS multi-element standards, signaling ongoing portfolio expansion into biopharma quality control inputs.

Name

Daejung Chemicals & Metals Co Ltd

Legal name

대정화금 주식회사 (Daejung Chemicals & Metals Co., Ltd.)

Website

https://daejungchem.co.kr

Company type

Public

Founded year

1968

Operating status

Operating

Headcount range

1–10 employees

Short description

Daejung Chemicals & Metals (대정화금, KOSDAQ 120240) is a South Korean precision chemicals manufacturer producing approximately 5,000 domestically manufactured reagent SKUs, 15 FDA-licensed pharmaceutical raw materials, and display/semiconductor electronic materials for pharmaceutical, electronics, and research laboratory B2B customers.

Ownership category

akta.pro rank

Product category

Fine and Specialty Chemicals

NAICS

Chemical Manufacturing (325), Medicinal and Botanical Manufacturing (325411), Pharmaceutical and Medicine Manufacturing (32541)

SIC

Industrial Organic Chemicals (2860), Medicinal Chemicals & Botanical Products (2833), Chemicals & Allied Products (2800)

akta.pro primary industry

Electronic & High-Purity Specialty Chemicals (IMAEABAD)

akta.pro secondary industry

Display & Optoelectronics Chemicals (OLED/LCD materials, polarizer chemicals) (IMAEAKAN)

Keywords

• Fine chemicals manufacturing
• Pharmaceutical raw materials
• Analytical reagent production
• High purity solvents
• Electronic materials supply

Headquarters

HQ city

Siheung

HQ country

South Korea

HQ region

Asia

Offices5 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Fine and Specialty Chemical Reagents: Manufacture and sale of approximately 5,000 types of general analytical reagents, high-purity reagents, and specialty reagents (pH standard solutions, volumetric solutions, Karl Fischer reagents, HPLC solvents, heavy metal testing reagents, pesticide residue detection reagents, electronic-grade reagents) to domestic and international customers. Combined catalog of ~25,000 reagent items held in stock for rapid delivery.
2. Pharmaceutical Raw Materials: Manufacturing and sale of 15 licensed pharmaceutical raw material products under Gyeongin Regional Food and Drug Administration permit, plus import and resale of USP-grade ethanol, anhydrous ethanol, and sodium chloride to pharmaceutical manufacturers.
3. Display and Semiconductor Materials: Synthesis and supply of display materials (LCD, OLED monomers, additives, core materials), semiconductor materials (photoresist, BARC, SOC, bump PR monomers and additives), and OEM/ODM production of custom electronic materials for IT industry customers.
4. Bio Reagents and Special Purpose Reagents: Sale of bio reagents, Karl Fischer reagents, HPLC chromatography buffers, atomic absorption standard solutions, ion chromatography standard solutions, and palladium catalysts to research, pharmaceutical, and industrial laboratories.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels5 records

Core offering

Daejung Chemicals manufactures and sells fine and specialty chemicals including approximately 5,000 types of analytical and specialty reagents, 15 FDA-licensed pharmaceutical raw materials, high-purity solvents for chromatography and electronic applications, and electronic materials for LCD/OLED display and semiconductor photoresist manufacturing. The company also provides custom synthesis and OEM/ODM services, distributes international brands such as USP Reference Standards, ChemScene, KANTO, and WAKO Fujifilm, and sells industrial facility disinfectants under its Baroclien Pro and Baroclien All sub-brands.

Product overview

Daejung Chemicals & Metals Co Ltd is a precision chemical manufacturer offering three core business segments: Reagent Business (5,000+ types including general analytical reagents, high purity reagents, and special purpose reagents), Pharmaceutical Raw Materials Business (15 FDA-approved items including ethanol and sodium chloride), and Synthesis Business (electronic materials for display and semiconductor applications). The company also distributes international brands including USP Reference Standards, ChemScene TLC plates and research compounds, KANTO ICP-MS standards, and WAKO Fujifilm exosome products. Recently launched proprietary disinfectant products 바로클린프로 and 바로클린올 for pharmaceutical and industrial facility hygiene. The product portfolio spans from commodity reagents to high-value electronic materials and custom synthesis services.

Differentiator

Problem solved

Functional benefit

Brands

• 바로클린프로 (Baroclien Pro): Industrial facility disinfectant/sanitizer approved by Ministry of Environment
• 바로클린올 (Baroclien All)
• Daejung SGR (Special Guaranteed Reagent)

Products and services

• Chemical Reagents (시약) Over 5,000 types of chemical reagents including general analytical reagents (organic, inorganic, indicators), high-purity reagents, and special purpose reagents such as pH standard solutions, volumetric solutions, Karl Fischer moisture measurement reagents, HPLC solvents, heavy metal testing reagents, and pesticide residue detection reagents. Sold to laboratories, research institutions, and industrial customers from a stocked catalog of approximately 25,000 SKUs.
• Pharmaceutical Raw Materials (원료의약품) 15 FDA-licensed pharmaceutical raw material items manufactured under strict hygiene process control under Gyeongin Regional Food and Drug Administration permit (631/1886). Includes ethanol, anhydrous ethanol, and sodium chloride imported as pharmaceutical-grade (USP) materials. Targeted at pharmaceutical manufacturers and biotech companies for drug quality control and regulatory submissions.
• High Purity Solvents High purity chromatography solvents manufactured in dedicated purification and clean packaging facilities for HPLC, UV spectrophotometry, LC-MS, pesticide residue analysis (PRA), anhydrous solvents (10-200ppm moisture), and electronic-grade solvents for semiconductor, LCD, LED, and OLED applications.
• Electronic Materials for Display and Semiconductor (전자소재) Display materials for LCD and OLED applications including basic materials, intermediates, additives, and core materials. Semiconductor materials including photoresist monomers and additives for I-line, KrF, and ArF processes, BARC, SOC, and Bump PR applications. Targeted at display manufacturers and semiconductor fabrication companies.
• Custom Synthesis Services (합성사업) Custom synthesis and OEM/ODM services for display materials, semiconductor materials, and synthetic intermediates. Provides full-service capabilities from development and product design to commercial production for IT industry customers.
• Special Purpose Reagents Includes bio reagents for food, life science, natural products and cosmetics research; Karl Fischer titration reagents (patented, first domestic development); HPLC chromatography buffers; atomic absorption solutions; ion chromatography standard solutions; and self-developed palladium catalysts for cross-coupling reactions. Sold to research, pharmaceutical, and industrial laboratories.
• Rare Earth and Rare Metal Compounds Rare earth metals and compounds including carbonates, fluorides, acetates, oxalates, phosphates, and hydroxides. Used in permanent magnets, LCD, LED, electronics, fluorescent lamps, optical fibers, and nuclear reactor control rods.
• Daejung SGR (Special Guaranteed Reagent) High-purity reagent grade with guaranteed content of 99.9% or above, developed for precision research and analytical chemistry experiments. Can substitute for gas chromatography standard materials.
• Baroclean Pro (바로클린프로) Industrial facility disinfectant/sanitizer approved by the Ministry of Environment as a biocide product. Designed for surface sanitization in pharmaceutical manufacturing (GMP), bio-manufacturing facilities, and laboratories.
• Baroclino (바로클린올) Industrial facility sanitizer with fungicidal properties. Environment Ministry approved biocide product for surface sanitization in GMP pharmaceutical manufacturing, bio-manufacturing facilities, and laboratories.
• ChemScene TLC Plates Aluminum-supported TLC plates and glass TLC plates under the ChemScene brand for analytical and preparative thin layer chromatography applications including HPTLC. Distributed brand product.
• ChemScene Building Blocks and Research Compounds ChemScene brand building blocks, research compounds, custom synthesis, and CRO/CDMO services for API, intermediates, ADC Linkers, PROTAC, catalysts, and ligands for drug discovery and medicinal chemistry applications. Distributed brand product.
• KANTO ICP-MS Multi-Element Standard Solutions Multi-element standard solutions for ICP-MS water analysis applications. Distributed brand for analytical reference materials.
• USP Reference Standards USP reference standards including particle count sets, animal-derived reference materials, residual plasmid DNA quantification solutions, PLBL2 HCP analytical reference materials, tobramycin impurity analysis PAI standards, and impurity management solutions for pharmaceutical quality control. Distributed brand product.
• WAKO Fujifilm Exosome Products

Quantifiable outcome

• Korea's first domestically developed Karl Fischer titration reagent, replacing import dependency

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

One partnership is on record.

• SK Chemicals Daejung Joint Venture (SK케미칼대정 합작법인)coreStrategic or Co-development Partner · 1 January 2021Established in January 2021 as a joint venture between Daejung Chemicals & Metals and SK Chemicals. The partnership combines SK Chemicals' portfolio and market position with Daejung's synthesis capabilities and reagent manufacturing expertise, creating a stronger competitive entity in the Korean and global fine chemicals market.

Scale indicators4 records

Recent moves9 records

Expansion highlights4 records

Broad incumbents

• Avantor: Global supplier of high-purity materials and laboratory products for biopharma, healthcare, and advanced technology customers. Overlaps with Daejung in pharmaceutical raw materials, electronic materials, and chromatography solvents.
• Thermo Fisher Scientific: Global analytical instruments and reagents company serving pharma, biotech, and electronics. Bundles analytical reagents with equipment, creating a broader competitive threat to small reagent manufacturers.
• Merck (Sigma-Aldrich): Global life sciences and specialty chemicals giant offering reagents, solvents, electronic materials, and pharma raw materials. Competes with Daejung in high-purity reagents and electronic materials with vastly larger scale.
• Honeywell Research Chemicals: Global manufacturer of high-purity reagents, solvents (Burdick & Jackson, Riedel-de Haën brands), and electronic chemicals. Direct overlap in HPLC, anhydrous, and electronic-grade solvents where Daejung competes.

Emerging players

• JSR Corporation: Japanese semiconductor materials leader in photoresists (ArF, EUV) and display materials. Comparable in semiconductor photoresist chemistry but with vastly larger scale and R&D investment.

Direct peers

• KANTO Chemical: Japanese specialty reagent manufacturer with overlapping ICP-MS standards, electronic-grade solvents, and pharmaceutical reference standards. Direct competitor in distribution partnerships and analytical reagent segments.
• Tokyo Chemical Industry (TCI): Japanese fine chemicals manufacturer offering research-grade organic reagents, building blocks, and specialty chemicals. Compares on catalog breadth (millions of SKUs) and synthesis services for pharma/biotech R&D.
• Duksan Pure Chemicals: Korean listed specialty chemical and reagent manufacturer producing high-purity reagents, electronic materials, and pharmaceutical intermediates. Closest domestic peer in scale and product overlap.
• Fujifilm Wako Pure Chemical: Japanese reagent/life sciences manufacturer distributed by Daejung; offers high-purity reagents, exosome products, and pharmaceutical reference standards. Direct competitor in same categories and distributor overlap.
• Samchun Chemicals: Korean specialty reagent manufacturer with overlapping general analytical and high-purity reagent lines, similar B2B chemical distribution model, and head-to-head competition in the domestic Korean market.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/daejung-chemicals-&-metals-co-ltd

Compliance10 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries1 record

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 Daejung Chemicals & Metals Co Ltd