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Management Philosophy

Here is the Samchully group, which is headed for continuous growth

Group History

established 1955.10.01
Samchully Group was founded based on a close partnership

On 1 October 1955,
Honorary Chairman Yoo Seong-yeon and Yi Jang-kyun founded together the ‘Samchully Briquette Industry’ with the plan to sweep over the whole peninsula of Korea with our products. The two co-founders led a sustainable briquette business, developing its unique brand and high quality briquettes under a mind for partnership and harmony.

  • Samchully Group was founded based on a close partnership
  • Continuous Efforts for Sustainable Growth
  • City Gas Business, a New Challenge
  • Opening of the Yeouido Era
  • Beautiful partnership spanning two generations
  • Business diversification for sustainable management
Continuous
Efforts for Sustainable
Growth

Since its founding some 10 years before,
Samchully saw a growth of 52 times. And in 1966, it founded its corporate body 'Samchully Briquette Co., Ltd.' and emerged as a national company after its initial public offering. In the 1970s, Samchully took over the leading coal-mine company, Samcheok Tanjwa, in the 1970s, to become Korea’s top private coal-mind company establishing a subsidiary model for the coal-mine industry from production of coal to production of briquettes.

  • Samchully Group was founded based on a close partnership
  • Continuous Efforts for Sustainable Growth
  • City Gas Business, a New Challenge
  • Opening of the Yeouido Era
  • Beautiful partnership spanning two generations
  • Business diversification for sustainable management
City Gas Business,
a New Challenge

In the 1980s, the Samchully Group took a great leap forward from a briquette manufacturer to a comprehensive energy provider. Refusing to rest on its laurels, the company acquired Gyeongin City Gas in 1982 to penetrate the city gas business.

With aggressive investment and active marketing, Samchully secured the city of Incheon and west-south areas of Gyeonggido Province as its main market. It also cemented its status as a professional city gas provider through the first provision of LNG and creation of industrial demand. Based on such achievements, honorary chairperson Jang-gyun Lee was awarded the Gold Tower Order of Industrial Service Merit in 1984 for his contribution to the development of the national energy industry.

  • Samchully Group was founded based on a close partnership
  • Continuous Efforts for Sustainable Growth
  • City Gas Business, a New Challenge
  • Opening of the Yeouido Era
  • Beautiful partnership spanning two generations
  • Business diversification for sustainable management
Opening of
the Yeouido Era

Samchully constructed a new company building in Yeouido -- where most subsidiaries including Samchully were based -- with comprehensive expansion. The building also marked the opening of the Yeouido era. In 1984, the company name was changed to “Samchully Co., Ltd.” as it sought active business diversification and obtained successful results in many fields.

  • Samchully Group was founded based on a close partnership
  • Continuous Efforts for Sustainable Growth
  • City Gas Business, a New Challenge
  • Opening of the Yeouido Era
  • Beautiful partnership spanning two generations
  • Business diversification for sustainable management
Beautiful partnership spanning two generations

The two co-founders and honorary chairpersons, Seong-yeon Yu and Jang-gyun Lee (Seokwon), were succeeded by Man-deuk Lee and Sang-deok Yo who assumed chairmanship of Samchully and Samtan, respectively. Such remarkable succession from the previous generation marked the new era of the Samchully group.
In particular, Man-deuk Lee, the chairperson of Samchully, pursued active development of management innovation and main business lines to grow Samchully into the top city gas specialist, at the same time launching the first technology lab in the industry in order to improve product safety.
The efforts of Chairperson Man-deuk Lee were recognized with the Golden Order of Industrial Service Merit, made even more meaningful by being the second in the family.

  • Samchully Group was founded based on a close partnership
  • Continuous Efforts for Sustainable Growth
  • City Gas Business, a New Challenge
  • Opening of the Yeouido Era
  • Beautiful partnership spanning two generations
  • Business diversification for sustainable management
samchully today
Business diversification for
sustainable management

Since the 2000s, Samchully has acquired different subsidiaries for business diversification in pursuit of sustainable management and competency development.
With the city gas business at the center, the company is actively working on power generation and mass energy business while developing energy efficiency and engineering to supplement the energy businesses to secure its position as a comprehensive energy provider.
The group is continuously growing with multiple businesses in non-energy sectors such as environment, food catering, financial services, etc.

  • Samchully Group was founded based on a close partnership
  • Continuous Efforts for Sustainable Growth
  • City Gas Business, a New Challenge
  • Opening of the Yeouido Era
  • Beautiful partnership spanning two generations
  • Business diversification for sustainable management