What Jeonju Paper does

Jeonju Paper (전주페이퍼) is a South Korean private paper manufacturer founded in 1965 and headquartered in Jeonju, Jeollabuk-do, with 251-500 employees. The company produces three product categories: corrugated board base paper (골판지원지), newspaper paper (신문용지), and publication/industrial paper (출판/산업용지). Originally established as Korea's largest newspaper paper manufacturer, the company executed a strategic pivot in 2020, shifting primary focus to corrugated packaging materials in response to secular decline in print media demand. It recycles approximately 1 million tons of wastepaper annually and operates as a vertically integrated producer, with wholly-owned subsidiary Jeonju One Power generating approximately 48MW of bio-gas and biomass power and supplying 120+ tons of steam per hour to the paper production process. {'company_description': "The company's go-to-market is B2B, executed through a direct sales office in Seoul (Gangnam-gu) handling corrugated, newspaper, publication/industrial, and overseas sales inquiries, supported by a dealer network of 27+ authorized distributors across six Korean regions (Seoul, Gyeonggi, Daejeon, Gwangju, Busan, Gyeongsangnam-do). Revenue is generated primarily through paper product sales (hardware sales model) with pricing not publicly disclosed. The company holds a 9th consecutive Green Enterprise certification (1995-2029), was the first paper industry recipient in Korea, and maintains FSC, GR, and Environmental Label certifications supporting ESG positioning. Notable capital deployment includes a 300 billion KRW equipment investment in 2021 and 150 billion KRW raw material facility investment in 2022, both targeted at corrugated capacity expansion, signaling management's commitment to scaling the higher-growth packaging segment. The company also operates the Jeonju Hanji Museum (Korea's first paper museum, opened 1997) as a cultural and brand-building asset.", 'company_description_short': 'Jeonju Paper is a South Korean recycled paper manufacturer founded in 1965, producing corrugated board, newspaper, and publication paper for B2B customers, with 1 million tons annual recycling capacity and 48MW of vertically integrated renewable energy.'}

Name

Jeonju Paper

Legal name

JEONJU PAPER Corporation

Website

https://jeonjupaper.com

Company type

Private

Founded year

1965

Operating status

Operating

Headcount range

251–500 employees

Ownership category

akta.pro rank

Product category

Paper Manufacturing

NAICS

Pulp, Paper, and Paperboard Mills (3221), Paper Mills (32212), Paper Manufacturing (322), Industrial and Personal Service Paper Merchant Wholesalers (424130)

SIC

Paper Mills (2621), Paperboard Containers & Boxes (2650), Periodicals: Publishing Or Publishing & Printing (2721), Wholesale-Paper & Paper Products (5110)

akta.pro primary industry

Recycled Printing/Writing & Specialty Paper Manufacturing (IMAMAEAH)

akta.pro secondary industries

Recycled Newsprint (IMAMAKAE), Recycled Printing & Writing Paper (IMAMAKAD), Recycled Pulp Manufacturing (IMAMAKAC)

Keywords

• Recycled paper manufacturing
• Corrugated board paper
• Newspaper paper production
• Industrial paper products
• Wastepaper recycling

Headquarters

HQ city

Jeonju

HQ country

South Korea

HQ region

Asia

Offices3 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Paper Manufacturing and Sales: Manufacturing and selling paper products including corrugated medium paper, newspaper paper, and publication/industrial paper. The company operates as a comprehensive paper manufacturer with a focus on recycled paper products.
2. Renewable Energy: Through affiliated company Jeonju One Power (전주원파워), operates bio-gas and biomass power generation facilities supplying approximately 48MW of energy, contributing to the company's sustainable operations and energy self-sufficiency.

Go-to-market motion2 records

Distribution channels7 records

Marketing channels5 records

Core offering

Jeonju Paper manufactures and supplies recycled-based paper products including corrugated medium paper, newspaper paper, and publication/industrial paper. The company processes approximately 1 million tons of wastepaper annually to produce paper at its Jeonju factory, with distribution through an extensive dealer network across South Korea. It also operates renewable energy generation (approximately 48MW) through its subsidiary Jeonju One Power.

Product overview

Jeonju Paper is a comprehensive paper manufacturing company that produces three main product categories: corrugated board base paper (골판지원지), newspaper paper (신문용지), and publication/industrial paper (출판/산업용지). Originally established as Korea's largest newspaper paper manufacturer in 1965, the company has strategically pivoted toward corrugated board production as newspaper demand declined. The company operates as a recycled paper manufacturer, processing approximately 100,000 tons of wastepaper annually to produce its paper products.

Differentiator

Problem solved

Functional benefit

Brands

• Jeonju Hanja Museum (전주한지박물관): Cultural museum operated by Jeonju Paper showcasing traditional Korean paper (hanji) culture, opened in 1997 as Korea's first paper museum.

Products and services

• Corrugated Board Paper (골판지원지) Corrugated medium paper used as raw material for manufacturing corrugated packaging materials. The company's primary product line, scaled to 1 million tons annual production capacity through major facility investments.
• Newspaper Paper (신문용지) Traditional newspaper paper (newsprint) for newspaper publishers and printing companies. Production has been declining due to digital transformation.
• Publication/Industrial Paper (출판/산업용지) Publication paper and industrial paper products for printing and manufacturing applications. Includes various grades such as Eco Class 80, G-Paper 120, Greenpia 80, and specialty papers with environmental certifications.

Quantifiable outcome

• Environmental preservation equivalent to 16 million pine trees conserved annually through wastepaper recycling
• +4 more outcomes

Named customers1 record

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Six partnerships are on record, tiered minor, flagship and core.

• 2023 Jeonbuk Asia-Pacific Masters Games Organizing CommitteeminorGTM or Marketing Partner · 12 October 2022Sponsorship partnership for the 2023 Jeonbuk Asia-Pacific Masters Games (May 12-20, 2023). Provided official sponsor status with rights to use event symbols, mascots, marketing rights, and media/advertising opportunities. First corporate sponsor from Jeonbuk region.
• Jeonju Hanji Museum (전주한지박물관)flagshipStrategic or Co-development Partner · 21 October 1997Museum operated by Jeonju Paper as Korea's first paper museum. Established in 1997, it preserves and promotes traditional Korean paper (hanji) culture. Operated free of charge for 30+ years as cultural contribution. Collaborates with artists for exhibitions and cultural programs.
• Jeonju One Power (전주원파워)coreStrategic or Co-development PartnerAffiliated company operating bio-gas and biomass power generation facilities (approximately 48MW capacity). Provides energy self-sufficiency for Jeonju Paper's manufacturing operations, supplying 120+ tons of steam per hour. Joint renewable energy operations supporting sustainable paper manufacturing.
• Tae-lim Paper (태림페이퍼)minorOthersRelated company under the same corporate group, listed as family site on Jeonju Paper website.
• Tae-lim Packaging (태림포장)minorOthersRelated company under the same corporate group, listed as family site on Jeonju Paper website.
• Global Sae (글로벌세아)minorOthersRelated company under the same corporate group, listed as family site on Jeonju Paper website.

Scale indicators11 records

Recent moves8 records

Expansion highlights5 records

Broad incumbents

• Oji Holdings: Global Japanese paper giant producing printing/writing, newsprint, packaging, and corrugated materials worldwide. Comparable in corrugated and recycled-paper manufacturing capabilities, though Oji operates at significantly larger and more diversified scale.
• Mondi Group: Global packaging and paper group with major corrugated packaging and recycled containerboard operations. Comparable as a recycled-fiber-based corrugated producer, though operating at much larger international scale.
• Smurfit Westrock: Global leader in containerboard and corrugated packaging with significant recycled-fiber operations. Comparable as a recycled-paper-fed corrugated producer serving packaging customers; operates at vastly larger global scale.
• Nippon Paper Industries: One of Japan's largest paper conglomerates producing newsprint, printing/writing paper, packaging paper, and corrugated board at much larger scale. Comparable in product mix (especially newsprint and corrugated medium) but operates as a broad incumbent with global reach.

Direct peers

• Asia Paper Manufacturing: Korean manufacturer of printing/writing and specialty papers with focus on recycled-fiber grades. Comparable as a domestic Korean recycled-paper mill serving similar publishing and industrial customers.
• Hansol Paper: One of the largest Korean paper manufacturers producing newsprint, printing/writing paper, and corrugated/packaging board from virgin and recycled fiber. Directly comparable as a Korean recycled-paper competitor across the same product lines (corrugated medium, newsprint, publication paper) and channels.
• Moorim P&P: Major Korean paper manufacturer specializing in printing/writing papers, specialty papers, and corrugated base paper. Highly comparable in product mix, recycled-fiber manufacturing focus, and Korean market channel structure.
• Shinho Paper: Korean paper manufacturer producing printing/writing paper and corrugated medium. Comparable as a domestic competitor in the same Korean recycled-paper segment, serving similar packaging and publishing customers.

Emerging players

• Nine Dragons Paper: China's largest containerboard and recycled-paper manufacturer with vertically integrated recovered-fiber collection. Comparable in recycled-paper-to-corrugated-medium value chain, though vastly larger in capacity and serving different geographic markets.
• Lee & Man Paper Manufacturing: Major Chinese containerboard and recycled-paper producer focused on packaging grades. Comparable as a recycled-fiber-fed packaging paper manufacturer, though focused on Greater China markets rather than Korea.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

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 Jeonju Paper