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Irenox succeeds in pioneering overseas markets Irenox, a toilet paper manufacturer has exported to the United States through Small and Medium Business Market Exploration Expo
Feb 24, 2022, 10:14
Samsung Electronics held the '2021 Smart Biz Expo' in October last year to support small and medium-sized enterprises (SMEs) in developing markets during the COVID-19 crisis. 78 small and medium-sized enterprises (SMEs) that received support from Samsung Electronics to build a smart factory participated in this event.
This event is a public-private cooperation exhibition where small and medium-sized enterprises (SMEs) participating in Samsung Electronics' smart factory support project gather in one place to promote their products and technologies and to pioneer new markets. A total of 632 companies participated in the Smart Biz Expo, which started in 2016 and celebrated its 5th anniversary this year (not held in 2020).
Smart Biz Expo is producing substantial sales results. A representative example is that 'Irenox', which produces toilet paper, succeeded in pioneering overseas markets such as the United States and Guam. 'Hepsiba F&B', which makes fruit chips, made a deal with a large domestic food company as well.
Since Irenox was selected for the government's smart factory support target in 2016, it has invested a total of 500 million won (half of the investment is supported by the government) to complete the smart factory facilities. Sales of 3.8 billion won in 2016 increased to 4.6 billion won in 2018 due to increased productivity. Irenox is also the first smart factory in the tissue industry in Korea, providing customers with a more reasonable price.
Irenox Co., Ltd., which started as a toilet business such as unmanned toilets and automated toilets in 2007, has developed into a company that manufactures and produces all daily consumables such as jumbo roll toilet paper and beauty tissue. Currently, it has 150 customers such as AK Department Store, Mario Outlet, and Samsung Display Tangjeong Factory, and is in a period of business expansion.
Jung-Hoon Eom, CEO of Irenox said, “Communicating with many customers through toilet paper and sharing a valuable life together is a great meaning and happiness. We will always try to think from the customer’s point of view and always open our ears to communicate.”
[Company Information]
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Related Link : www.irenox.com
Written by Hanmir PRNews
► This is a news release distributed by Hanmir PR news on behalf of Irenox
► News provided by Irenox
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