Company

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  • Company History

Company History

Foundation Period

  • 1971. 03. Established the company
  • 1972. 04. Commenced localization of nonferrous metal rolling oil
  • 1986. 06. Relocated Wonju Factory
  • 1988. 01. Commenced production of metal working fluids
  • 1989. 09. Completion of the vacuum distillation unit

Technological Integration Period

  • 1990. 01. Commenced production of industrial oil
  • 1990. 06. Commenced development of synthetic ESTER (Korea SMEs and Startups Agency)
  • 1991. 01. Completion of synthetic ESTER PILOT facilities and production of prototype
  • 1991. 12. Completed development of synthetic ESTER
  • 1992. 03. Commenced industrialization of technology development
  • 1992. 03. Received the commissioner’s award
  • 1992. 08. Designated as a technology advancing SME (Commerce Department #90284)
  • 1992. 12. Completed industrialization of technology development
  • 1992. 12. Established affiliated research center (Authorization #931085)
  • 1993. 12. Completed building affiliated research center
  • 1993. 12. Supported production technology researchers
  • 1993. 12. Completed Industry-University-Institute R&D (Task : SPAN-80, IOO, IOS)
  • 1994. 01. Incorporation transition
  • 1994. 08. Registered trading business (#11183059)
  • 1994. 12. Completed automation of synthetic ESTER
  • 1995. 08. FDA approval of aluminum cold rolling oil and additives (DMF 11626)
  • 1995. 09. Began exporting aluminum cold rolling oil and additives
  • 1996. 03. KS acquisition (KSM 2129, 2173)
  • 1996. 03. Received the Gangwon Province Governor’s Award
  • 1996. 05. Received the Presidential Award
  • 1996. 06. Certificate of Superior Technology Company (Korea Technology Finance Corporation)
  • 1997. 02. Acquisition of Wonju Factory No.2
  • 1997. 05. ISO 9002 Acquisition (Small and Medium Business Certification Center)
  • 1997. 09. Addition and renovation of the vacuum distillation unit
  • 1998. 02. Designated as the Promising Export Firm
  • 1998. 06. Received the Gangwon Province Governor’s Award
  • 1998. 11. Awarded the Distinguished Minor Enterprise in Gangwon Province
  • 1999. 10. Began addition and renovation of Wongju Plant No.2
  • 1999. 12. Completion of the vacuum distillation unit (no.2)

Expansion Period

  • 2000. 08. Completion of Wonju Plant No.2
  • 2001. 01. ISO 9001 Certification (CCAS)
  • 2001. 05. KS standard acquisition (KSM 2126, 2127, 2501)
  • 2001. 11. Designated as the SME Sinzisikin
  • 2001. 12. Established the Busan branch office
  • 2003. 01. Established the limited partnership with China (Shimyang Samhwa Lube Oil Co., Ltd)
  • 2003. 05. Established the Beijing office in China
  • 2003. 07. Established the Qingdao office in China
  • 2004. 01. ISO 9001 (2000) certification (Korea Standards Association)
  • 2004. 02. Designated as the Promising Export Firm in Gangwon region
  • 2004. 04. Designated as the Promising SME in Gangwon Province
  • 2004. 10. Established the Ulsan Plant
  • 2004. 12. Received the ‘$1 Million Export Tower Award’ (Korea International Trade Association)
  • 2007. 03. Environment mark certification (KOECO)
  • 2007. 11. HALAL Certification (KOREA MUSLIM FEDERATION)
  • 2010. 04. Confirmed the Management Innovation Business
  • 2010. 05. Began exporting to Japan and developing synthetic lubricant oil

Advancemen Period

  • 2011. 07. Completed building research center (Wonju Plant No.2)
  • 2011. 12. Received the ‘$5 Million Export Tower Award’ (Korea International Trade Association)
  • 2012. 05. Received the Prime Minister Award
  • 2012. 05. Received the Korea Federation of SMEs Award
  • 2012. 07. Selected as the promising SME in Gangwon Province
  • 2012. 09. ISO 14000 Acquisition
  • 2012. 12. Family-friendly business certification
  • 2013. 05. Selected as a technologically innovative SME
  • 2013. 05. Selected as a ‘100-year business’ in Gangwon Province
  • 2014. 05. Selected as the Enterprise participating in Global Hidden Champions Development Project

Second FoundationPeriod

  • 2015. 03. Company name changed to SHL Co., Ltd
  • 2016. 06. Established the Ulsan Plant
  • 2017. 02. Established SHL ASEAN
  • 2017. 11. Established the Ulsan Engine Oil Plant
  • 2017. 11. Established SHL HITECH (Preparing to close down)
  • 2017. 12. Selected as the Youth-Friendly Small Hidden Champions
  • 2024. 09. New establish SHL THAI (only Thai sales corporation)