Afel Inc.

Company

AFEL Company History: Pioneering Progress Since 1973

(

Our history

)
  • 2021 ~ 2025
  • 2021

    03

    Company-affiliated research institute certification

    10

    Establishing smart factory and chosen as advanced business
  • 2011 ~ 2020
    2020

    06

    Chosen for material. Parts and technology development strategy core material self financing technology development assignment

    08

    Venture company certification

    09

    Material parts equipment specialist certification
  • 2012

    02

    Appointment of AFEL CEO, Min Sungjae
  • 2011

    04

    Changed name into AFEL Inc.
  • 2001 ~ 2010
    2010

    03

    ISO 9001 Quality Management System Certification
  • 2003

    05

    Introduction of TPU film extrusion line
  • 1991 ~ 2000
    1998

    03

    Chosen as Promising SMEs (Korea SMEs and Startups Agency)
  • 1995

    05

    Chosen as Promising SMEs (Korea SMEs and Startups Agency)

    05

    Material storage and automatic transfer system(SILO)new establishment (Amount: 80ton)

    03

    Increase of capital stock (150 million won)
  • 1973 ~ 1990
    1990

    10

    Incorporation of investment in kind of Asung Chemical Industry(Capital 950 million won)
  • 1988

    10

    Factory extension(436.9㎡)
  • 1984

    05

    New construction and relocation of Banwol factory(Ansan Moknae-dong 450-5, Site amount 3323.3㎡, Buiding1157㎡
  • 1973

    02

    Asung Chemical Industry(CEO Min Byunghyuk, Seoul Guro-gu Doksan-dong)