[INQ. NO. 1705C42] Hyunjin Co., Ltd., established in 1979, specializes in developing high-speed paper forming machines and is the largest manufacturer of paper cups and food containers in Korea. It exports paper food containers and forming machines to 23 countries in various regions including the Americas, East Asia, Europe, and Oceania.
As the only manufacturer in Korea, Hyunjin is fully equipped with all resources such as manufacturing forming machinery, the finest facilities of paper coating, printing and forming, and human resources engaged in the food container production.
Paper cups often refer to paper cups for vending machines whereas Hyunjin Co., Ltd. mainly manufactures high-end paper cups such as containers for instant noodles and ice cream. Most of the paper cups produced by Hyunjin are exported to Japan. Paper cups are in general bulky and are subject to limitations in transportation costs. No matter how good their quality, if the distance of transportation is long, it is disadvantageous due to the low price competitiveness. The fact that this company exports its products mainly to Japan is related to such factors. An indication of its products being recognized in quality and reliability is that that Hyunjin has been continuing business with Meiji Dairy Company, Japan’s biggest dairy company, for more than 20 years. In 2010, its ice cream packaging was awarded the Good Design Award at the Japan Packaging Contest. One of the reasons why Hyunjin’s paper cups are recognized in such fastidious market as Japan is that its paper cup molding machines show excellent performance. Its exports to China and Taiwan account for 60%, and other markets include 21 countries such as Indonesia, the USA, Russia, Finland, Japan, Brazil, Chile, and Saudi Arabia.
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