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CJ CheilJedang

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Native name
  
씨제이제일제당 주식회사

Traded as
  
KRX: 001041

Area served
  
Worldwide

Founder
  
Parent organization
  
Type
  
Industry
  
Food & Food Service

Key people
  
Kim Chul-ha (CEO)

Founded
  
1953


Stock price
  
097950 (KRX) ₩ 3,55,000 -5,000.00 (-1.39%)3 Mar, 3:30 PM GMT+9 - Disclaimer

Headquarters
  
Jung District, Seoul, South Korea

Subsidiaries
  
Liaocheng Lantian Thermal Power Co., Ltd.

CJ Cheil Jedang is a South Korean food company based in Seoul that manufactures food ingredients, food, pharmaceuticals and biotechnology. Its brands include Beksul, Bibigo, CJ Hat Kimchi, DASIDA and Haechandle.

Contents

History

CJ Cheil Jedang was founded as 'Cheil Jedang' in August 1953 as a sugar and flour manufacturer and was originally part of Samsung Group, as their first manufacturing business. In July 1993 it spun off from Samsung and gained independent management, changing into a life and culture group with the entrance into the food service and entertainment industries. In 1996 it became the 'Cheil Jedang Group' with the official separation from Samsung Group completed in February 1997.

In October 2002 the CJ Group was launched and the official name changed to 'CJ Co., Ltd'. In September 2007 CJ Co again spun off as a business holding company renamed 'CJ CheilJedang Co., Ltd' and CJ Group became a holding company for a group of food and entertainment-related subsidiaries based in South Korea. It has four main core businesses: Food & Food Service, Bio Pharma, Entertainment Media, and Home Shopping & Logistics; and CJ Cheil Jedang was put under Food & Food Service.

Businesses

Its four main business areas are food ingredients (including sugar, wheat, and oil), food, pharmaceuticals and biotechnology (including MSG, lysine), processed food and animal feed.

It has since expanded globally with offices in China, the U.S., the Philippines, Indonesia, Vietnam, Brazil, Australia, Japan and Singapore.

CJ was recently reported to be in talks with the US Corporation Dendreon who is in trials with a cancer vaccine called Provenge.

Award

  • December 2004: Best Company in Food and Pharmaceutical, Textile and Paper Industry - 14th Economic Justice Enterprise Award
  • References

    CJ CheilJedang Wikipedia


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