CJ CheilJedang

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CJ Cheil Jedang
Chaebol
Industry Food & Food Service
Founded November 1953
Founder Cheil Jedang
Headquarters Ssangnim-dong, Jung-gu, Seoul, South Korea
Area served
 Worldwide
Key people
 Kim Chul-ha (CEO)
Products Food Ingredient, Food, Pharmaceutics and Biotechnology
Revenue Increase US$ 10.41 billion (2013)[1]
Increase US$ 331 million (2013)[1]
Increase US$ 112 million (2013)[1]
Total assets Increase US$ 12.48 billion (2013)[1]
Total equity Increase US$ 4.62 billion (2013)[1]
Number of employees
 5,991(2013) non-consolidated in Korea
Parent CJ Group
Website eng.cjcheiljedang.com
Korean name
Hangul 제일제당
Hanja 第一製糖
Revised Romanization Jeil Jedang
McCune–Reischauer Cheil Chedang

CJ Cheil Jedang (Hangul: 씨제이제일제당, CJ제일제당; KRX: 001041) is a South Korea-based food and bio business holding company and a subsidiary of CJ Group. It is the largest food firm in Korea. Its businesses are food ingredient, food, pharmaceutics and biotechnology. It is headquartered at CJ Cheiljedang Building in Ssangnim-dong, Jung-gu, Seoul.[2]

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.[3]

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.[4]

Businesses

Its four main business areas are food ingredient (comprising sugar, wheat, and oil), food, pharmaceutics and biotechnology (comprising MSG, lysine), processed food and animal feed.

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

CJ recently reported in talks with US Corporation Dendreon who is in trials with cancer vaccine Provenge.[citation needed]

Brands

Award

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

See also

References

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External links

pt:CJ Corporation

zh:CJ希杰集团

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