Industry | Textile |
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Founded | September 15, 1954 |
Founder | Lee Byung-chul |
Defunct | July 1, 2014 |
Fate | Merger with Samsung C&T |
Parent | Samsung |
Cheil Industries | |
Hangul | |
---|---|
Hanja | |
Revised Romanization | Jeil Mojik |
McCune–Reischauer | Cheil Mojik |
Cheil Industries was an affiliate of the Samsung Group.
Since its establishment in 1954, Cheil Industries has been a Korean textile firm.
Thereafter, from the 1980s, the company expanded its business areas into fashion, chemicals and electronic chemical materials (ECM).
In October 2014, Cheil Industries submitted plans for an initial public offering, with around $1.41 billion in shares planned for listing on the South Korea Stock Exchange.[1]