NOROO Paint, '2017 NOROO International Color T...

-Announcement of 'Pantone 2017 Color of the Year' in Korea was the first time in Asia - Presentation of global color trend standards of Korean industry in 2017- About 1,000 participants, including color / design practitioners, planning / marketing practitioners, academics, researchers and students attended the event.On October 24, the main subsidiary of Noroo Group, NOROO Paint, announced that it will host '2017 Noroo International Color Trend Show' ('2017 NCST') at DDP Dongdaemun Design Plaza on December 9.The event content includes, the announcement of ‘PANTONE Color of the Year 2017’ by Ms. Leatrice Eiseman, a senior consultant of Pantone, a global color company in the USD and the presentation on the latest Asian color trends by Omae Eri, editor of DIC Color Design. Pawel Nolbert, a visual artist from Poland, who received a great attention by his various collaboration with global companies, such as Nike and New Balance, as well as his well-known TED talks, will show various color ion and utilization techniques through experimental combinations of photographs, materials and colors. Following this, a senior researcher, Mr. Hyun Jung-oh and responsible researcher Mr. Kim Seung-hyun, attracted a lot of audience attention by giving a speech on ‘2017-18 Creative Trend & Color’, introducing color trends that are reflecting NPCI’s future core keyword ‘humanity’ and effective color application manuals.Researchers from NPCI (NOROO-PANTONE Color Institute) Mr. Hyun Jung-oh and Mr. Kim Seung-hyun will introduce 2017~2018 trend colors ed by NPCI and will give examples of effective applications. In addition, the official launch of 'Cover All', a trend book that contains the latest color design trend information provided by NPCI, will be held at the same time during the event. PANTONE is a global color company that offers color standards, and Pantone's 'Color of the Year' is becoming a standard in a variety of industries including fashion, industry, interior and advertising. It has attracted a great interest from industries and academies around the world, and it has greatly influenced the color trend of related industries.Noroo International Color Trend Show, which celebrates its 6th anniversary this year, is the representative event that presents global color trends to Korean industries. The show will be held at Dongdaemun Design Plaza (DDP) on December 9th with approximately 1,000 participants including planning and marketing practitioners, research institutes, academics, and university students. It is expected that solutions for global color trends and suggestions on ways to predict the future flow of color and utilization of colors desired by consumers will be presented at the event. Since 1987, NOROO Paint is the first company in domestic paint industry to operate the Color Research Institute. The institute has been providing different color services in various fields such as automobile, home appliance, architecture, and color design.The company launched the NOROO-PANTONE Color Institute (NPCI) in 2014, and has developed technical cooperation for paint color and created new markets by expanding business of high-quality color solution through customized color consulting in the main industrial design fields such as architecture, automobile, home appliance, fashion and interior designs. The participation ticket for 'NOROO International Color Trend Show' will be available on Interpark starting Oct. 18, and we are offering a 20% discount to early buyers ('Early Bird') who pre-register by Nov. 11. For more information, please contact the Customer Culture Center: 080-944-7777 (toll-free).

7.11.2016

NOROO Group will present ‘2016 NOROO International ...

- PANTONE, a color company, will announce '2016 Color of the Year' for the first time in Asia- The Show will present global color trends of Korean industry for the next year- 500 companies including business designers and academics will participateTheNOROO Paint co .ltd, a leading subsidiary of Noroo Group, announced on November 23rd that it will host '2016 Noroo International Color Trend Show' at the DDP Dongdaemun Design Plaza on December 10. 2015This year is the 5th color trend show and it has invited △ Ms. Leatrice Eiseman, a senior consultant of Pantone, the world's leading authority on color and a global color company in the US to announce 'PANTONE Color of the Year 2016' for the first time in Asia; △ Professor of Hongik University, Na-geon to give a lecture on 'The importance of color in increasing the value of the design’; △ Mr. Lee Nam-hee, a color fashion expert with a presentation on 'Application of fashion industry according to color trend'; △ Presentation of the successful collaboration case of LG Life Health and Panton; △ Mr. Kim Seung-hyun, a researcher of Noroo Pain with a speech on ‘'2016/17NOROO Color Trend Suggestion' and other contents will be included in the show.PANTONE is American leading global color company. Pantone ed "Color of the Year" is not just a simple prophecy, but a standard for various design related industries such as fashion, industrial design, interior and advertising. Yearly ed trend colors have attracted a great attention from industries and academias around the world.'NOROO International Color Trend Show', which presents color trends of Korean industry, will hold its 5th show this year (since 2011) at the DDP Dongdaemun Design Plaza. The show will present solutions for global color trends of 2016 to more than 500 participants, including interior designers, academics, and color industry workers. It will also suggest ways to anticipate the future flow of color and use it in a strategic way.CEO and representative of Noroo Paint co. ltd, Kim Soo-kyung said: “Through ‘NOROO International Color Trend Show’, which celebrates its 5-year anniversary this year, we continue providing color know-how that can be used more strategically in Korean industry.” NOROOPaint is the first in the paint industry to operate a color research institute.NOROO-PANTONE Color Institute (NPCI) was launched in 2014. In addition to technical cooperation regarding paint colors, the institute is also expanding its custom color consulting business in a variety of industrial design areas, including architecture, automotive and consumer electronics, as well as fashion, interior design and advertising.The tickets for 'NOROO International Color Trend Show' can be purchased through Interpark. For more information, please contact Customer Culture Center: 080-944-7777 (toll free).

24.11.2015

Colors through lenses - Photo Exhibition for 70th ...

- Public communication with the theme of ‘NOROO – Rules Colors’ - Held on November 18 - 30, at Insadong Insa Art Center- Visualizing the intuitive psychology of color as a work of art by the photographer, exhibiting 30 pieces.Professional Paint companyNOROO Group (Chairman Han Young-jae) will hold a special photo exhibition commemorating the 70th anniversary of its founding at the Insa Art Center in Insa-dong from November 18th to 30th. To establish a place of communication with the general public, the exhibition with the theme ‘NOROO – Rules the colors’ will be held in collaboration with artist Byun Soon Chul and about 30 photos will be presented as a result of almost 6 months’ work.In this exhibition, we will introduce Color as a company's history and special value.This is considered to be meaningful to communicate with the public with ‘color’ as the group’s great legacy to celebrate its 70th anniversary this year.Artists Byun Soon Chul in collaboration withNOROO Group, has visited seven Noroo paint factories in Korea and visualized the intuitive psychology of color in photos.Especially focusing on the paint manufacturing process, exquisitely capturing the process of creating color by mixing raw materials, and infinitely moments where colors meet with each other to produce another color.The photographer was taking photos with myriad repetitions by waiting with the camera at a huge circulation plant, in order to take a picture while the liquid quickly mixes in a very short time.The official of Noroo Group said: “NOROO Group, which has grown into a paint color business for the last 70 years, will continue to develop products that increase the value of the world. As a global color company, we want to contribute to human happiness using COLOR. Thus we have prepared this exhibition in order to make a commitment to our customers.NOROO Paint is a main affiliate of theNOROO Group, which was founded in 1945, has achieved sales of about 1.5 Billion US dollars last year through domestic and overseas businesses.

16.11.2015

Publication of NOROO Group’s '70 Years of Chal...

- Founded in 1945, same year of Liberation of South Korea, NOROO Group has reached 1.5 Billion US Dollar sales last year.- The book was published on Group’s anniversary date, November 1st.NOROO Group (Chairman Han Young-jae) specializing in paint, had published ‘70 years of NOROO Group’ for the 70th anniversary of its establishment. With the theme of ‘70 years of challenges and color culture creation ', the book objectively describes the company’s growth process from its birth to the present, from its founding in 1945 until the year of 2015. The book totally consists of 534 pages.The 1st part is starting with pictures ‘70 years NOROO in pictures’; the 2nd part is describing the history; the 3rd part is presenting the current situation in pictures; the 4th part is describing the status of the Group and each affiliate; and last part is the appendix. The book was edited and completed in approximately 1 year and 6 months. Mr. Han Young Jae, Chairman of the Group through the preface of the ‘70 years ofNOROO Group’ has expressed: “We must take the initiative of foundation and gathering strengths to create the abundance and happiness of mankind and revive the progressive spirit of the elders who once made their way to the barren land where no one has gone before. In other words, let’s open a new path toward the global stage.”NOROO Group has major affiliate that is NOROO Paint as a main subsidiary with 16 domestic and overseas affiliates. NOROO Group is a company specialized in paint, which was born in the year of liberation of South Korea in 1945, has reached yearly Revenue up to 1.5 Billion US dollars.

26.10.2015

2012 Education on the Noroo Way from Executives to ...

NOROO Holdings Co., Ltd. held separate education sessions on the NOROO Way and value management for the executives and team leaders of NOROO subsidiaries, respectively, in August. The participants were encouraged to share NOROO’s future-oriented value systems by acquiring an understanding of all the components of the NOROO Way and by forming a corporative consensus. Both the executives and the team leaders said the education enabled them to re-establish their mindset and the values needed for new NOROO people.

6.11.2012

The 67th Anniversary of the Establishment of NOROO ...

On October 31st, NOROO held a ceremony to celebrate the 67th anniversary of its establishment at Anyang headquarters with its executives and employees. The ceremony started with an opening speech and was followed by honoring long-term employees. After the ceremony, 153 long-term employees were congratulated and pictures were taken for commemoration. Honoring long-term employees was a token of NOROO’s gratitude for their diligence and loyalty and a reminder of NOROO’s long history that goes beyond their employment period. In a ceremonial speech, Chairman Han Young-jae emphasized that all employees should remember the meaning of “NOROO Way,” which seeks new ways that have yet to be discovered.Also, Chairman Han said, along with the 2D matrix management where the X-axis represents each company’s management and the Y-axis represents global management, NOROO will start 3D management by adding the new Z-axis of technology management. So, all of NOROO’s competence should be focused to accomplish management targets with consistent efforts, he pointed out.

6.11.2012

NHA(NOROO HUALUN Advanced Materials Co., Ltd.), op...

On May 30, 2012, NHA, a 50:50 joint venture company between NOROO and HUALUN Co., Ltd. Yangzhou, Jiangsu, China, held an opening ceremony at the main auditorium of Yangzhou resin plant. As NOROO was looking for a partner to expand its footing in the Chinese market based on its world top class technology in resin (raw base material for paint), partnership establishment was made with HUALUN Co., Ltd., which accounts for 30% of China’s solvent market and is the no. 1 company in terms of sales. With the resin production facility pumping out an annual production capacity of 20,000 tons, NHA will produce polyester, acryl, alkyd, urethane, epoxy, and hardener for PCM, industrial, vessel, construction, and heavy duty paint markets.Since it entered the Chinese market in 2002 based on its global strategy, NOROO has been expanding its position with NOROO Paint (Shanghai) Co., Ltd. for industrial construction paint, Shanghai KINLITA Chemical Co., Ltd. for vehicle paint, and NOROO FUTIAN Paint (Guangzhou) Co., Ltd. for automotive refinish paint. Combining NOROO’s product design technology and HUALUN’s production facility and distribution network, NHA envisions KRW52 billion worth of sales by 2015.

7.8.2012

NOROO, Invited to Anyang City

On February 1, Anyang City invited Vice President Lee Min-hyeong to introduce NOROO to its members as its monthly event. In the main auditorium of Anyang City Hall with its staff and other audience attending, Vice President Lee Min-hyeong gave a presentation on NOROO group’s founding, expansion of the Anyang plant, current status, the founder’s founding ideas, business philosophy, labor-management relationship and future plans. After Lee’s presentation, Anyang Mayor Choi Dae-ho said he was very impressed by NOROO’s history and success.

28.3.2012

2012 Conflict Management Leadership Program for NO...

help them develop their management competence and leadership. The first course was held from March 20 to March 21, and will be followed by three more courses by December.In this conflict management leadership training, team leaders learned the meaning of conflict in organizations, conflict management skills based on individuals’ characteristics and conversation skills, and discussed how to lead change in the organization and how to win the dominant position in negotiations. In conflict management, it is important to accept and understand the differences inherent in everybody. To do this, participants were taught four main behavioral types and learned how to respond to such types via case studies, games and discussions.Conflict management is critical to create cooperative relationships among team members and lead successful change in the company. With this program, every team leader in NOROO Group will be able to empower their team members to participate in change, eliminate conflict and develop enhanced communication skills.

28.3.2012

Strategic planning education

The NOROO Group carried out strategic planning education from February to September 8, 2011, holding each session once a month for two days. Each session, which was carried out with 20-plus managers and deputy general managers), was focused on the development of their planning ability and was comprised of basic planning and methodology, project management, logical writing, environment analysis and future predictions, how to make strategic decisions, creative thinking for planners, one-on-one coaching for drawing up planning documents and planning presentations.

23.11.2011

NOROO Group reaps the fruit of investment in China...

The NOROO Group made a strategic investment in an automobile paint production and sales company called KNT (Shanghai KINLITA Chemical Co., Ltd.), located in Shanghai, and KNT was listed in CHASDAQ on May 31.KNT, which signed an agreement on equity sharing and joint technology development with the NOROO Group in September 2007, is China’s only privately-run business in the high-functional automobile paint market. KNT is showing extremely rapid growth, with an annual average growth rate of 30%, as a result of the synergetic strategies with the NOROO Group, even amid competition with globally-renowned multinational companies in the Chinese market, which has become the world’s largest automobile market.Following its listing on the CHASDAQ, KNT is planning to acquire a public equity participation fund worth about KRW 80 billion, and, as a result, the NOROO Group is now able to further strengthen its market expansion strategies, including M&As for business in the Chinese market. Even though KNT has demonstrated outstanding performance with its rapid listing on the CHASDAQ, which was achieved in the record time of just 11 months after its application for IPO, the company aims to acquire the capacity to compete with multinational paint companies in China within five years via continuous cooperation with the NOROO Group.

25.7.2011

65th periodical general meeting of shareholders

On March 18, NOROO Holdings held the 65th periodical general meeting of shareholders at the headquarters building in Anyang, with its directors and employees present. President Yang Jeong-mo, who chaired the meeting, explained the Company’s performance results and financial status to the shareholders. He said, “In 2010, the Company posted 29.7 billion won in operating profit and 6.9 billion won in net profit, although it experienced a difficult situation in the second half of the year amid the overall sluggishness of the world economy resulting from the financial crisis in some European countries and the jump in raw material prices. In 2011, we will adopt a new paradigm for growth, set a far-reaching vision for the future, and do our best to maximize shareholder value under the Group’s management guideline, which can be summarized as a jump forward accompanied by harmonious changes. We will concentrate on our existing business areas and undertake harmonious changes in a drive to make successful forays into new markets.”At the session, the shareholders approved the balance sheet and the income statement for 2010, as well as the allocation of a dividend of 400 won per share (for common stocks) and 405 won per share (for preferred stocks) in the surplus appropriation statement. Directors Yang Jeong-mo, Song Yoon-bin and Jin Inn-joo (outside director) were reelected, while Mr. Kim Youn-sung was newly elected as an outside director to fill the vacancy left by the departure of Mr. Choi Kwang-joo, and Mr. Kim Chul-hee was elected as the new Auditor.

18.4.2011

NOROO Group Installs a Memorial Stone at the Place ...

In December 2010, an unveiling ceremony was held at the site located in front of the main office of Woori Bank in Hoehyeon-dong, where the NOROO Group was founded. The history of the NOROO Group is itself the history of Korea’s paint, and it is celebrating its 65th anniversary this year. After the ceremony, the Chairperson of the NOROO Group, Han Yeong-jae, visited the President of the bank, and delivered a plaque of appreciation and a commemorative album to express NOROO’s gratitude to the people of Woori Bank who provided space for the NOROO Group to install a memorial stone.

20.1.2011