O2
Solar
Al
Mn
Si
Steel
Fire
CO2
.us
Cr
.ru
.mx
Coal
Chem
H2O
Ni
.de
.vn
Wind
Water
Oil
Fe
Zn
.cn
.au
Gas
Bio
.id
The Elements of Value
Contents
01 The Elements of Value
10 CEO’s Message
12 Our Vision & Organization
15 Global Success Stories
29 Our Businesses
38 Social Responsibility
42 About Samsung
44 Financial Statements
46 Global Network
The Elements of Value
Cover
An Ankor Energy drilling platform in the Gulf of Mexico. Co-owned with
Korea National Oil Corporation, Ankor’s five oil and gas fields have estimated
reserves of 75 million barrels with a daily production of 21,000 barrels.
At Samsung C&T, we are
a global provider of integrated
trade and business solutions.
For over seven decades now,
we have consistently imagined,
developed, and delivered
greater value to customers
around the world. And we can
do the same for you.
1
O2
CO2
H2O
Al
Our value begins
with a little imagination.
At its most fundamental level, value is about
ideas. It is about understanding the elements of
value and imagining how these resources can
be used to improve the quality of life.
Fe
Zn
Si
Ni
Li
Mn
C
Cr
Cu
At Samsung C&T, we are leveraging the
collective imagination of our 3,400 professionals
to make a big difference with little things.
2
3
Solar
Wind
Bio
Our value takes
technology, experience,
and perseverance
to produce.
Value comes in many forms. Sometimes it is
out in the open, just waiting to be harnessed.
Other times, it is elusive, hidden deep out of
sight. And still other times, it must be created
entirely from scratch with other resources.
Water
Gas
Oil
Coal
Heat
Fire
Air
Steel
Chem
Wave
At Samsung C&T, we work hard to tap
resources of all kinds to help our customers
produce greater growth and prosperity for
their customers.
4
5
.ru
.us
Our value knows
no borders.
Value is just a concept until it is delivered.
In every industry, delivering the right products
and services at the right time and place is
crucial to satisfying customers.
.uk
.fr
.mx
.cn
.kr
.ca
At Samsung C&T, we deliver value 24/7 through
a network of over 90 offices in 45 countries
around the globe.
6
.jp
.vn
.de
.au
.id
7
Our value is
unlimited.
Having the right vision is essential to creating
value. It takes confidence and dedication to
aim higher rather than simply focusing on
the tried and true.
At Samsung C&T, we are looking above and
beyond past successes to tap into the virtually
limitless possibilities for value in the global
marketplace.
8
Our greatest value is yours.
Value is anything but
static. In today’s fastchanging global
marketplace, the
value that customers
gladly paid a premium
for yesterday may
well be gone
tomorrow. That’s why
constant attention
and innovation are
crucial to delivering
consistent value.
At Samsung C&T,
we are constantly
listening to our
customers and
searching the globe
for ways to better
meet their
ever-changing needs.
It’s a never-ending
challenge that
inspires and drives us
each and every day
as we imagine and
create new value
for you.
9
CEO’s Message
“ We imagine and create
to empower our customers to
grow and prosper.”
Welcome to Samsung C&T. Every day at over 90 offices in
45 countries around the globe, our 3,400 professionals
are creating value that will shape the future.
Our focus is on three broad sectors—energy and
environmental solutions, natural resources, and industrial
materials. In each of these diverse fields, our world-class
financing, market intelligence, logistics, and marketing
capabilities combined with decades of experience and
expertise and the boundless passion and creativity of our
people are helping us create new value around the globe.
Today as we imagine and create a more prosperous and
sustainable future, we’re working around the clock around
the world to deliver tailored solutions that empower our
Sung-Ha Chi
customers to grow and prosper in an ever-changing
President & CEO
global marketplace.
Trading & Investment Group
Samsung C&T Corporation
We look forward to unlocking the possibilities of the future
as we dream and collaborate with you to create new
businesses and value for your world.
Thank you.
10
11
Our Vision & Organization
At Samsung C&T,
we aspire to be a global valuecreating company.
Our motto is “Today’s Dream, Tomorrow’s Reality.”
Our goal is to create greater value for our customers, our
employees, and our communities by tapping the limitless
possibilities of imagination and entrepreneurism in diverse
Samsung C&T Corporation
TRADING &
INVESTMENT
GROUP
ENGINEERING &
CONSTRUCTION
GROUP
We’ve been creating value around the globe by connecting buyers and sellers
since 1938. Today, we’re also investing in businesses that promise to create
new opportunities for sustainable growth for both us and our customers
in the decades ahead.
We’ve also been building
a better future around
the world since 1977.
Over the past two
decades, we’ve helped
take architecture to new
heights, playing a leading
role in the construction of
three out of four of the
world’s tallest landmarks—
the Petronas Twin Towers,
Taipei 101, and the
Burj Khalifa.
fields and markets to make dreams come true.
We create value for our customers by providing tailored
solutions in an ever-growing range of businesses that ensure
Energy & Environment
Natural Resources
Industrial Materials
everyone wins.
We create value for our employees by providing training that
prepares them to be world-class professionals that are
Solar Power
second-to-none in their fields of expertise.
Wind Power
Iron & Steel
Hydrogen
Fuel Cell Power
Oil & Gas
Chemicals
Commercial
Buildings
We create value for our communities by engaging in fair
Bioenergy
Coal & Minerals
Electronic Materials
Infrastructure
competition, respecting local rules and values, and
Power Plants
Metals
Textiles & Fashion
Power & Energy
contributing to local development as we build ties of trust
Industrial Plants &
Machinery
Cereal Grains
Basic Materials
Residential
Buildings
and respect everywhere we do business.
12
13
MANZANILLO LNG RECEIVING TERMINAL
MANZANILLO, México
SAMSUNG C&T AMERICA
HOUSTON OFFICE
HOUSTON, U.S.A.
GANDAERAH HENDANA PALM PLANTATION
JAKARTA, INDONESIA
WIND & SOLAR POWER CLUSTER
ONTARIO, CANADA
MAHUANGSHAN WEST BLOCK OIL FIELD
YINCHUAN, CHINA
OTELINOX
TARGOVISTE, ROMANIA
SAMSUNG C&T DEUTSCHLAND
EUROPE HEADQUARTERS
FRANKFURT, GERMANY
SAMSUNG C&T CORPORATION
CHINA HEADQUARTERS
SHANGHAI, CHINA
SAMSUNG C&T AMERICA
AMERICAS HEADQUARTERS
NEW YORK, U.S.A.
Fields of Dreams:
Five Success Stories
in the Making
At Samsung C&T, we’re
thinking global. Around the
world, we’re helping our
customers and partners
imagine the possibilities and
bring big dreams to life.
Whether it’s renewable
energy in North America,
precision stainless steel in
Europe, LNG infrastructure in
Latin America, biofuel
feedstocks in Southeast Asia,
or oil field development in
China, we have the network,
experience, and expertise to
make big dreams come true.
SAMSUNG C&T CORPORATION
MIDDLE EAST & AFRICA HEADQUARTERS
DUBAI, U.A.E.
SAMSUNG JAPAN CORPORATION
TOKYO, JAPAN
SAMSUNG C&T SINGAPORE
SOUTHEAST ASIA HEADQUARTERS
SINGAPORE
SAMSUNG C&T INDIA
NEW DELHI, INDIA
SAMSUNG C&T U.K.
LONDON, U.K.
SAMSUNG C&T DEUTSCHLAND
ALMATY OFFICE
ALMATY, KAZAKHSTAN
SAMSUNG CHEMICAL
TECHNOLOGY VINA
DONG NAI, VIETNAM
SAMSUNG C&T DO BRASIL
SÃO PAULO OFFICE
SÃO PAULO, BRAZIL
SAMSUNG C&T CORPORATION
LUANDA OFFICE
LUANDA, ANGOLA
MANZANILLO LNG RECEIVING TERMINAL
MANZANILLO, México
SAMSUNG C&T AMERICA
HOUSTON OFFICE
HOUSTON, U.S.A.
GANDAERAH HENDANA PALM PLANTATION
JAKARTA, INDONESIA
WIND & SOLAR POWER CLUSTER
ONTARIO, CANADA
MAHUANGSHAN WEST BLOCK OIL FIELD
YINCHUAN, CHINA
OTELINOX
TARGOVISTE, ROMANIA
“In 2009, Ontario passed the Green Energy Act, North America’s first comprehensive green economy
SAMSUNG C&T DEUTSCHLAND
EUROPE HEADQUARTERS
FRANKFURT, GERMANY
legislation designed to boost investment in renewable energy projects, increase conservation, and create
SAMSUNG C&T CORPORATION
CHINA HEADQUARTERS
SHANGHAI, CHINA
SAMSUNG C&T AMERICA
AMERICAS HEADQUARTERS
NEW YORK, U.S.A.
50,000 clean energy jobs. Today, we’re working with Samsung C&T on the world’s largest
and wind
SAMSUNG solar
C&T CORPORATION
MIDDLE EAST & AFRICA HEADQUARTERS
power project to date. Samsung presented a concrete solution for our 2.5 GW renewable
energy cluster
DUBAI, U.A.E.
that will give our province a solid foundation for future growth.”
SAMSUNG JAPAN CORPORATION
TOKYO, JAPAN
Garry McKeever
SAMSUNG C&T SINGAPORE
Director _ Energy Supply & Competition
Branch, Ministry of Energy and Infrastructure
SOUTHEAST ASIA HEADQUARTERS
SINGAPORE
Ontario,
Canada
SAMSUNG C&T INDIA
NEW DELHI, INDIA
SAMSUNG C&T U.K.
LONDON, U.K.
SAMSUNG C&T DEUTSCHLAND
ALMATY OFFICE
ALMATY, KAZAKHSTAN
SAMSUNG CHEMICAL
TECHNOLOGY VINA
DONG NAI, VIETNAM
SAMSUNG C&T DO BRASIL
SÃO PAULO OFFICE
SÃO PAULO, BRAZIL
SAMSUNG C&T CORPORATION
LUANDA OFFICE
LUANDA, ANGOLA
MANZANILLO LNG RECEIVING TERMINAL
MANZANILLO, México
SAMSUNG C&T AMERICA
HOUSTON OFFICE
HOUSTON, U.S.A.
GANDAERAH HENDANA PALM PLANTATION
JAKARTA, INDONESIA
WIND & SOLAR POWER CLUSTER
ONTARIO, CANADA
MAHUANGSHAN WEST BLOCK OIL FIELD
YINCHUAN, CHINA
OTELINOX
TARGOVISTE, ROMANIA
“In 1997, Samsung C&T took over Otelinox and quickly turned
SAMSUNG C&T DEUTSCHLAND
our struggling stainless steel operations EUROPE
into aHEADQUARTERS
highly profitable business in just a few short years.
FRANKFURT, GERMANY
CORPORATION
Today, we’re fast making a name for ourselves by meeting customer needsSAMSUNG
in the C&T
European
CHINA HEADQUARTERS
SAMSUNG C&T AMERICA
AMERICAS HEADQUARTERSOur
NEW YORK, U.S.A.
SAMSUNG C&T CORPORATION
MIDDLE EAST & AFRICA HEADQUARTERS
DUBAI, U.A.E.
CHINA
precision stainless steel market—a market that is growing over 6%SHANGHAI,
annually.
goal is to become a top-tier global player that delivers the best service in the business.”
SAMSUNG JAPAN CORPORATION
TOKYO, JAPAN
Stelian Dumitrescu
SAMSUNG C&T SINGAPORE
SOUTHEAST ASIA HEADQUARTERS
SINGAPORE
General Director _ Otelinox
Targoviste, Romania
SAMSUNG C&T INDIA
NEW DELHI, INDIA
SAMSUNG C&T U.K.
LONDON, U.K.
SAMSUNG C&T DEUTSCHLAND
ALMATY OFFICE
ALMATY, KAZAKHSTAN
SAMSUNG CHEMICAL
TECHNOLOGY VINA
DONG NAI, VIETNAM
SAMSUNG C&T DO BRASIL
SÃO PAULO OFFICE
SÃO PAULO, BRAZIL
SAMSUNG C&T CORPORATION
LUANDA OFFICE
LUANDA, ANGOLA
MANZANILLO LNG RECEIVING TERMINAL
MANZANILLO, México
SAMSUNG C&T AMERICA
HOUSTON OFFICE
HOUSTON, U.S.A.
GANDAERAH HENDANA PALM PLANTATION
JAKARTA, INDONESIA
WIND & SOLAR POWER CLUSTER
ONTARIO, CANADA
MAHUANGSHAN WEST BLOCK OIL FIELD
YINCHUAN, CHINA
OTELINOX
TARGOVISTE, ROMANIA
“When the first phase of the Manzanillo LNG receiving terminal is completed in 2011,
SAMSUNG C&T DEUTSCHLAND
EUROPE HEADQUARTERS
FRANKFURT, GERMANY
it will supply 3.8 million tons of LNG annually to power plants across Mexico’s west-central region.
SAMSUNG C&T CORPORATION
CHINA HEADQUARTERS
SHANGHAI, CHINA
SAMSUNG C&T AMERICA
AMERICAS HEADQUARTERS
NEW YORK, U.S.A.
Samsung C&T has been a great partner to work with on this major build-own-operate
project,
SAMSUNG
C&T CORPORATION
MIDDLE EAST & AFRICA HEADQUARTERS
providing the extensive global network and expertise that continue to greatly DUBAI,
enhance
U.A.E.
SAMSUNG JAPAN CORPORATION
TOKYO, JAPAN
the success of our overseas ventures.”
Woojin Lee
SAMSUNG C&T SINGAPORE
Manager
_ Korea Gas Corporation
SOUTHEAST ASIA HEADQUARTERS
Manzanillo, SINGAPORE
México
SAMSUNG C&T INDIA
NEW DELHI, INDIA
SAMSUNG C&T U.K.
LONDON, U.K.
SAMSUNG C&T DEUTSCHLAND
ALMATY OFFICE
ALMATY, KAZAKHSTAN
SAMSUNG CHEMICAL
TECHNOLOGY VINA
DONG NAI, VIETNAM
SAMSUNG C&T DO BRASIL
SÃO PAULO OFFICE
SÃO PAULO, BRAZIL
SAMSUNG C&T CORPORATION
LUANDA OFFICE
LUANDA, ANGOLA
MANZANILLO LNG RECEIVING TERMINAL
MANZANILLO, México
SAMSUNG C&T AMERICA
HOUSTON OFFICE
HOUSTON, U.S.A.
GANDAERAH HENDANA PALM PLANTATION
JAKARTA, INDONESIA
WIND & SOLAR POWER CLUSTER
ONTARIO, CANADA
MAHUANGSHAN WEST BLOCK OIL FIELD
YINCHUAN, CHINA
OTELINOX
TARGOVISTE, ROMANIA
“Palm oil is evolving from a cooking ingredient into a promising energy resource.
SAMSUNG C&T DEUTSCHLAND
Biodiesel made from palm oil
is one
of Samsung C&T’s new businesses.
EUROPE
HEADQUARTERS
FRANKFURT, GERMANY
SAMSUNG C&T CORPORATION
We operate two palm plantations in Indonesia that give us a competitive
edge in this
CHINA HEADQUARTERS
SAMSUNG C&T CORPORATION
MIDDLE EAST & AFRICA HEADQUARTERS
DUBAI, U.A.E.
SHANGHAI, CHINA
raw feedstock. This is just the start of a value chain that we plan to gradually
expand to include
SAMSUNG C&T AMERICA
AMERICAS HEADQUARTERS
NEW YORK, U.S.A.
palm oil refining, biodiesel production, logistics, and global sales.”
SAMSUNG JAPAN CORPORATION
TOKYO, JAPAN
Soohyun Kim
SAMSUNG C&T SINGAPORE
SOUTHEAST ASIA HEADQUARTERS
SINGAPORE
General Manager _ Bioenergy Team Strategic BU
Riau, Indonesia
SAMSUNG C&T INDIA
NEW DELHI, INDIA
SAMSUNG C&T U.K.
LONDON, U.K.
SAMSUNG C&T DEUTSCHLAND
ALMATY OFFICE
ALMATY, KAZAKHSTAN
SAMSUNG CHEMICAL
TECHNOLOGY VINA
DONG NAI, VIETNAM
SAMSUNG C&T DO BRASIL
SÃO PAULO OFFICE
SÃO PAULO, BRAZIL
SAMSUNG C&T CORPORATION
LUANDA OFFICE
LUANDA, ANGOLA
MANZANILLO LNG RECEIVING TERMINAL
MANZANILLO, México
SAMSUNG C&T AMERICA
HOUSTON OFFICE
HOUSTON, U.S.A.
GANDAERAH HENDANA PALM PLANTATION
JAKARTA, INDONESIA
WIND & SOLAR POWER CLUSTER
ONTARIO, CANADA
MAHUANGSHAN WEST BLOCK OIL FIELD
YINCHUAN, CHINA
OTELINOX
TARGOVISTE, ROMANIA
“In 1997, Samsung C&T began developing an oil field in China’s Mahuangshan
SAMSUNG C&T DEUTSCHLAND
West block. After a decade of exploration,
field began commercial production in 2007.
EUROPE the
HEADQUARTERS
FRANKFURT, GERMANY
SAMSUNG C&T CORPORATION
As the operator of this successful project, Samsung C&T has been directly
involved in
CHINA HEADQUARTERS
SAMSUNG C&T AMERICA
AMERICAS HEADQUARTERS
NEW YORK, U.S.A.
SAMSUNG C&T CORPORATION
MIDDLE EAST & AFRICA HEADQUARTERS
DUBAI, U.A.E.
SHANGHAI, CHINA
exploration, well drilling, and production facility construction, giving the company
a solid
foundation in the resource development field as well as a competitive advantage in
winning future oil field projects in the region.”
SAMSUNG JAPAN CORPORATION
TOKYO, JAPAN
SAMSUNG C&T SINGAPORE
SOUTHEAST ASIA HEADQUARTERS
SINGAPORE
Zhehao Han
Senior Manager _ Beijing Branch
Yinchuan, China
SAMSUNG C&T INDIA
NEW DELHI, INDIA
SAMSUNG C&T U.K.
LONDON, U.K.
SAMSUNG C&T DEUTSCHLAND
ALMATY OFFICE
ALMATY, KAZAKHSTAN
SAMSUNG CHEMICAL
TECHNOLOGY VINA
DONG NAI, VIETNAM
SAMSUNG C&T DO BRASIL
SÃO PAULO OFFICE
SÃO PAULO, BRAZIL
SAMSUNG C&T CORPORATION
LUANDA OFFICE
LUANDA, ANGOLA
MANZANILLO LNG RECEIVING TERMINAL
MANZANILLO, México
SAMSUNG C&T AMERICA
HOUSTON OFFICE
HOUSTON, U.S.A.
GANDAERAH HENDANA PALM PLANTATION
JAKARTA, INDONESIA
WIND & SOLAR POWER CLUSTER
ONTARIO, CANADA
MAHUANGSHAN WEST BLOCK OIL FIELD
YINCHUAN, CHINA
OTELINOX
TARGOVISTE, ROMANIA
These are just a few of the
big dreams that we’re
making a reality today
around the world. And
while we’re proud of what
we have helped our
customers and partners
accomplish so far, we’re
already looking ahead over
the horizon to prepare for
the bigger, more
challenging dreams that lie
ahead as we help create
greater value and
prosperity on every
continent of the planet.
SAMSUNG C&T DEUTSCHLAND
EUROPE HEADQUARTERS
FRANKFURT, GERMANY
SAMSUNG C&T CORPORATION
CHINA HEADQUARTERS
SHANGHAI, CHINA
SAMSUNG C&T AMERICA
AMERICAS HEADQUARTERS
NEW YORK, U.S.A.
SAMSUNG C&T U.K.
LONDON, U.K.
SAMSUNG C&T CORPORATION
MIDDLE EAST & AFRICA HEADQUARTERS
DUBAI, U.A.E.
SAMSUNG JAPAN CORPORATION
TOKYO, JAPAN
SAMSUNG C&T SINGAPORE
SOUTHEAST ASIA HEADQUARTERS
SINGAPORE
SAMSUNG C&T INDIA
NEW DELHI, INDIA
SAMSUNG C&T DEUTSCHLAND
ALMATY OFFICE
ALMATY, KAZAKHSTAN
SAMSUNG CHEMICAL
TECHNOLOGY VINA
DONG NAI, VIETNAM
SAMSUNG C&T DO BRASIL
SÃO PAULO OFFICE
SÃO PAULO, BRAZIL
SAMSUNG C&T CORPORATION
LUANDA OFFICE
LUANDA, ANGOLA
Our
Businesses
At Samsung C&T, our ability
to identify customer and
market needs in advance
enables us to consistently
deliver creative, integrated
business solutions across a
broad spectrum of sectors
encompassing energy,
industrial plants, natural
resources, industrial
materials, and construction.
Trading &
Investment Group
Energy &
Environment
­Solar Power
Wind Power
Hydrogen Fuel Cell Power
Bioenergy
Power Plants
Industrial Plants & Machinery
Engineering &
Construction Group
Natural
Resources
­Oil & Gas
Coal & Minerals
Metals
Cereal Grains
Industrial
Materials
­Iron & Steel
Chemicals
Electronic Materials
Textiles & Fashion
Basic Materials
Commercial Buildings
Infrastructure
Power & Energy
Residential Buildings
29
Our
Businesses
TRADING &
INVESTMENT GROUP
2
Energy &
Environment
­New & Renewable Energy
Solar Power
Wind Power
Hydrogen Fuel Cell Power
Bioenergy
Power Plants
Industrial Plants & Machinery
At Samsung C&T, we’re
thinking of new ways to
make tomorrow cleaner,
greener, and more
productive. We’re tapping
the power of the sun and
wind to create zeroemissions power. We’re
growing feedstocks for
biofuels. We’re partnering
on major power and
water projects. And as we
do, we’re generating
synergy that will keep us
and our customers
growing.
Industrial Plants & Machinery
Biofuels will play a key role in reducing
LNG Terminal Projects | Our strategic focus
vehicle emissions. In 2008, we partnered with
on the LNG value chain took a major step
Indonesia’s Athena City Holdings to establish
forward in 2008 when our consortium, which
S&G Biofuel Pte. Ltd. The venture operates
includes Korea Gas Corporation and Mitsui &
two palm plantations on the Indonesian
Co., Ltd. of Japan, was awarded a USD 875
island of Sumatra covering a total area of
million contract to build and operate
24,000 hectares that are capable of
Manzanillo LNG receiving terminal. Scheduled
producing over 100,000 tons of palm oil
for completion in 2011, the first phase of this
annually for biodiesel or cooking oil
build-own-operate (BOO) project paves the
New & Renewable Energy
production. We are also involved in
way for us to win the second phase of the
Solar Power Solutions | Our vertically-
bioethanol projects that use Brazilian sugar
project as we aim to expand our LNG value
integrated capabilities in the solar power field
cane and Southeast Asian seaweed as we
chain to include liquefaction, transportation,
position us to deliver some of the industry’s
aim to produce and distribute 800,000 tons
and distribution.
most advanced photovoltaic solutions under
of bioenergy feedstock and products annually
the Sol-Luce brand. In operation since
by 2012.
Ships & Offshore Facilities | We help marine
September 2008, our Sol-Luce Jindo 3 MW
transport and oil and gas companies around
solar plant in Korea showcases our fully-
the globe secure the world’s most technically
integrated polysilicon-to-plant capabilities
advanced ships and offshore facilities. In
while giving us a test bed to validate the
2008, we partnered with STX Offshore &
performance and reliability of the equipment
Shipbuilding to win a EUR 338 million contract
and solutions we offer.
to supply a 2.2 million barrel capacity floating
storage and offloading unit (FSO) that will be
deployed in the Middle East.
Wind Power Solutions We are actively
|
pursuing opportunities in wind in Europe and
Water Projects | We are helping meet
North America. In January 2010, we signed
1
Wind Turbines
Standing 80 to 100 meters tall,
each of these massive machines
can generate enough power to
meet the needs of 500 or more
households.
2
Solar Cells
Using the photovoltaic effect to
convert sunlight into electricity,
these high-tech cells are the core
component of all solar power
systems.
Bioenergy
1
an agreement with Canada’s Ontario province
Power Plants
tomorrow’s water needs with advanced
to establish the world’s largest renewable
We are evolving from an EPC contractor
desalination and wastewater recycling
energy cluster featuring both solar and wind
into an active investor and operator of
solutions. We are a partner in the AquaSure
generation. Envisioned to produce 2.5 GW
independent power production (IPP) plants.
consortium led by France-based Suez
when fully completed in 2016, the cluster will
In 2009, the Samsung-KEPCO consortium
Environment—the world’s largest water
play a key role in Ontario’s goal to phase out
signed a framework agreement with
company—that won a USD 4 billion contract
coal-fired power plants by 2014.
Kazakhstan’s state-run power utility Samruk
in 2009 to build and operate Australia’s largest
Energy to build the Balkhash thermal power
desalination plant project to date in the state
Hydrogen Fuel Cell Solutions | Producing
plant—that nation’s first IPP project. In
of Victoria.
power and heat without carbon dioxide or
addition to this 1,320 MW coal-fired build-
other emissions, hydrogen fuel cells are
own-operate (BOO) project scheduled for
Project Organizing | We believe in being a
fuel-flexible, efficient, and clean. Starting with
completion in 2015, we are actively looking
partner for progress in the developing world.
cogeneration solutions for independent
for new opportunities to expand our IPP
Our comprehensive project organizing
power producers and chemical plants with
portfolio around the world.
services include consulting on business
hydrogen-rich waste gas streams, we aim to
planning, financing, technology licensing, and
diversify into the fuel cell power generation
operational and maintenance services for key
field as we strategically expand to deliver key
sectors such as infrastructure, resources, and
system components and auxiliary facilities in
manufacturing in developing countries that
the years ahead.
are pursuing economic development and
building a foundation for long-term growth.
30
31
Our
Businesses
TRADING &
INVESTMENT GROUP
Natural
Resources
­Oil & Gas
Coal & Minerals
Metals
Cereal Grains
At Samsung C&T, we’re
searching for
1
tomorrow’s resources
Oil & Gas
Coal & Minerals
Metals
Oil & Gas Development | We have been
Mineral Resources Trading | We are one of
We deal in nonferrous metals such as
actively involved in natural resources
Korea’s leading traders of coal, phosphate,
electrolytic copper, aluminum, lead, zinc, and
development projects around the world since
and other minerals and nonferrous metals. We
tin, minerals such as lithium and phosphate
the early 1980s. Our first experience with oil
have been a major supplier of coal to Korean
ore, and rare metals such as molybdenum
and gas development was with a successful
steel mills, power and cogeneration plants,
and nickel. We continue to make equity
oil concession in Algeria’s Issaouane block
and cement makers since we first began
investments in mine development as well as
that began production in 1998. In 2007, we
importing hard coal from the US in 1979. We
materials processing and recycling
culminated a decade of exploration and
also trade in minerals from various regions
technologies as we strategically expand our
development with the start of commercial
including Russia, Australia, India, South
involvement across the metals value chain.
production at an oil concession in China’s
America, the Middle East, and Africa, focusing
Mahuangshan West block, a joint venture
on China and other fast-growing markets.
with Korea National Oil Corporation and a
local Chinese firm. Most recently, we teamed
Mineral Resources Development | In addition
up with Korea National Oil Corporation to
to our trading business, we have strategically
acquire offshore oil and gas production
invested in high-grade coal and nonferrous
assets in the Gulf of Mexico in 2008,
metals development since the 1980s in
land and sea. We’re also
establishing Ankor Energy to recover the
support of Korean industries. We currently
investing in mineral
estimated 75 million barrels of reserves held
have coal projects underway in Australia,
resources and
in five producing fields. In addition to these
China, and Indonesia and a copper mine
nonferrous metals
and other ongoing oil and gas exploration
project underway in Kazakhstan. We plan to
Cereal Grains
projects in Yemen, East Timor, and
aggressively expand investment in mineral
We trade in cereals to help deliver these basic
Kazakhstan, we continue to pursue
resources such as lead, zinc, nickel, iron ore,
food resources to where they are needed
partnerships with major energy companies as
and uranium in the years ahead.
most. Leveraging our extensive financial and
around the globe. We’re
partnering in gas and oil
field development on
development. And as
we do, we’re expanding
our presence across
multiple value chains
that will make us an
2
we do our part to enhance Korea’s energy
logistical capabilities, we have forged a
independence.
strategic alliance in the Central Asian wheat
business and are now pursuing cereal crop
even more valuable
Natural Gas Distribution | Since becoming
development projects in Southeast Asia. We
partner in the years
Korea’s first and only private LNG importer in
continue to expand our infrastructure in this
ahead.
1991, we have steadily expanded imports to
field to secure greater economies of scale as
6 million tons annually today, representing
we systematically study markets and
roughly 25% of the nation’s annual
proactively respond to market changes to
consumption. In addition to holding equity
generate new business opportunities.
1
Oil
Exploring and producing oil and
gas in more than 10 locations
around the globe, we’re helping
bring more energy to market.
2
Copper Pyrite
Containing copper, iron, and
sulfur, this ore is an important
mineral source of copper, a
material used across a broad
range of industries.
32
stakes in LNG projects in Oman and Qatar,
we continue to expand into downstream
fields as we systematically establish
ourselves as a vertically integrated player in
the natural gas business.
33
Our
Businesses
TRADING &
INVESTMENT GROUP
Chemicals
Petrochemicals | We have been a major player
Industrial
Materials
­Iron & Steel
Chemicals
Electronic Materials
Textiles & Fashion
Basic Materials
in petrochemicals trading since 1989,
focusing on BTX, olefins, SM, PTA, and PX. In
addition to partnering with oil majors such as
Exxon, BP, Shell, and Nippon Oil and
chemical giants such as PCC and Ineos
Nova, we continue to make strategic equity
1
investments in production facilities as we
Electronic Materials
build a truly global customer base.
Technology Solutions | We help Korean
companies big and small identify and secure
At Samsung C&T, we’re
Polymers | We have helped Korean plastic
the advanced semiconductor, display, and
delivering the materials
makers tap global markets since 1989. We
mobile technologies they need to compete
market our portfolio of general-purpose
and succeed in the global marketplace.
tomorrow is made of. We’re
engineering plastics such as PE, PP, PVC,
supplying steel that makes
strong cars and beautiful
home appliances. We’re
Iron & Steel
sourcing chemicals and
PET, and ABS through a global distribution
Photovoltaic Solutions | We are a leading
network. We are also strategically investing in
global supplier of photovoltaic cells and
downstream fields such as film processing.
modules. We strategically pursue upstream
Iron and Steel Trading | We provide high-
and downstream opportunities in the solar
plastics for myriad
quality Korean-made iron and steel products
General Chemicals | We have handled over
value chain through joint ventures and
downstream industries.
to major customers worldwide with a focus
100 different types of general chemicals
equity investment.
We’re helping customers
on automobile and home appliance
since 1975, including methanol, phenol,
license advanced
manufacturers in China, Japan, India, and
solvents, monomers, and petroleum products.
Textiles & Fashion
Southeast Asia. We also source quality iron
We are also operating chemical terminals in
Building on our global success with the
and steel products from mills in China, India
Korea and expanding our distribution
FUBU hip-hop fashion brand, we have
and Southeast Asia for sale in Europe, the
network to countries such as Vietnam to
steadily expanded our portfolio with the
Americas, Middle East, and Southeast Asia
secure production and logistics bases in
Coogi, BB Dakota, and True Religion fashion
as well as our home market of Korea.
emerging markets.
brands as well as Caravel textiles. We are
Steel Service Centers | We continue to
Inorganic Chemicals | We have traded a wide
outstanding designs or technology that we
area from manufacturing to
strategically invest in overseas production
range of inorganic chemicals such as soda
can team up with to create global brands.
marketing.
and distribution bases to better meet the
ash, acetic acid, caustic soda, and various
steel needs of customers in key markets. We
kinds of fertilizers since 1976. To better serve
Basic Materials
currently operate three steel service centers
our customers, we are now expanding our
We have traded commodities and foodstuffs
in China—Shunde, Dongguan, and Suzhou—
businesses into fields related to renewable
since our founding seven decades ago.
as well as centers in Slovakia and Malaysia.
energy as well as investing in overseas
Today, our portfolio includes finished goods
production and logistics facilities.
such as paper and tires as well as basic
technology. We’re bringing
branded fashion and
consumer products to
market. And as we do,
we’re becoming an
always on the lookout for new partners with
invaluable partner in every
1
Cold-Rolled Stainless Steel Coil
Backed by a production network with
mills in Romania, Japan, and China,
we re-roll stainless steel coil to deliver
a wide range of precision stainless
steel products to the IT, electronics,
and automobile industries.
2
Synthetic Resins
Used as the raw material for
manufacturing plastic, synthetic resins
cost-effectively bring more
functionality and beauty to life.
34
Stainless Steel Production | We are an
2
materials such as textile materials and latex.
emerging player in the global precision
Fine Chemicals | We handle gold mining
We also offer a variety of lighting and
stainless steel industry. Producing over
chemicals such as sodium cyanide,
portable power products including compact
72,000 tons of stainless steel annually, our
polyurethane products such as PPG, TDI, and
fluorescent lamps, LED lamps, and batteries.
growing network includes Romanian stainless
MDI, and pharmaceuticals. We continue to look
We continue to pursue opportunities and
steel producer Otelinox, Japanese precision
for new business opportunities to enhance the
partnerships in the processing and
steel producer Myodo Metal, and a new
value chains of related industries through
manufacturing fields that will help us attain
state-of-the-art mill in Pinghu, China that
strategic investment in production and logistics
self-sufficiency as well as provide eco-
began production in 2010.
facilities as we aim for global leadership.
friendly alternatives to the marketplace.
35
Our
Businesses
In our home market of Korea, our portfolio
includes Yeongjong Grand Bridge, the world’s
longest self-anchored suspension bridge and
the first to use three-dimensional air-spinning
ENGINEERING &
CONSTRUCTION GROUP
for the cable work. Other major
accomplishments include the privatelyfinanced Busan New Port project, the
nation’s largest seaport, and Incheon Grand
Bridge, the nation’s longest and world’s
fifth-longest cable-stayed bridge. We have
Commercial Buildings
Infrastructure
Power & Energy
Residential Buildings
also demonstrated our capabilities on a
growing number of major infrastructure
projects across Southeast Asia and the
Commercial Buildings
Our stellar construction and project
management record on the world’s tallest
buildings is why we are considered the global
leader in mega-high-rise building construction.
We handled the structural and exterior finish
work on Petronas Tower II in Kuala Lumpur
and the interior finish work and external work
on Taipei 101 Tower in Taiwan, the world’s
previous tallest buildings, respectively. And
now we have taken the industry even higher
as the prime contractor for the Burj Khalifa in
the UAE, the tallest man-made structure built
to date at 828 meters.
At Samsung C&T, we’re
aiming higher both
literally and figuratively.
We’re constructing the
world’s tallest and most
advanced buildings.
We’re building
tomorrow’s
transportation
infrastructure. We’re
erecting plants that will
Beyond these landmark projects, we are well-
power growth. We’re
versed in constructing the full spectrum of
building homes that set
commercial, mixed-use, cultural and
the standard for
educational, and special-purpose facilities.
satisfaction. And as we
We pride ourselves on consistently building
do, we’re proving that
the industry’s most space- and cost-efficient
there are no limits to
structures in record time.
what imagination and
Middle East, including Singapore’s Changi
East reclamation project and the Taiwan highspeed rail project.
Guided by the concepts of ubiquitous
networking, originality, and eco-friendliness,
we are continuously developing and applying
cutting-edge technologies and construction
methods to create eco-friendly spaces
designed for today’s and tomorrow’s
lifestyles. Our Raemian apartment brand is a
prime example of this, topping Korea’s
National Customer Satisfaction Index for 13
Power & Energy
We build nuclear and thermal power plants,
pumped-storage power plants, tidal power
plants, power distribution facilities,
petrochemical and fuel storage, and industrial
plants of all kinds. Our engineering,
procurement, and construction services
cover every project aspect from design to
commissioning as well as ongoing
maintenance and service.
determination can
In Korea, we have completed a long list of
accomplish.
successful projects that include Hadong
Thermal Power Plant Units 7~8, Ulchin
1
Burj Khalifa
Towering 828 meters above
Dubai’s new downtown district,
the Burj Khalifa is the tallest
man-made structure built to date.
Nuclear Power Plant Units 5~6, Shin-
1
Wolsong Nuclear Power Plant Units 1~2, and
consecutive years to date.
While the strong customer relationships and
loyalty we have built through active marketing
and customer-appreciation events have
played a key role in our success over the
years, we believe that our success ultimately
comes from our uncompromising
commitment to quality. In addition to
adopting stringent quality control measures
throughout the construction process, we
employ outside contractors to perform
meticulous pre-occupancy inspections on all
our projects to ensure that each customer’s
first impression of their new home is a truly
lasting one.
a nuclear waste treatment facility. Our
international résumé includes power plants in
Singapore and Indonesia as well as multiple
Infrastructure
We keep nations on the move with worldclass bridges, tunnels, highways, railroads,
subway lines, seaports, airports, and dams.
Our experience and expertise spans virtually
all fields of infrastructure, enabling us to
execute some of the world’s largest and most
innovative projects.
36
Residential Buildings
When we build apartments, our goal is not to
simply satisfy our customers. We want to
exceed their expectations in every way.
Backed by product innovation, strategic
marketing, and customer communications,
this philosophy of excellence has put us
firmly at the forefront of Korea’s residential
construction market.
projects at the Formosa Petroleum Refining &
Petrochemical Complex in Taiwan. We are
also a member of several consortiums that
have won major projects in the Middle East,
including the Shuweihat S2 independent
water and power project (1,510 MWe + 100
MIGD) and Abu Dhabi nuclear power project
(1,400 MW x 4), both in the UAE.
37
Social Responsibility
We’re bringing
sustainable value
to the world.
At Samsung
C&T, we are
committed to
keeping the
planet healthy
by developing
and delivering
renewable
energy
solutions that
will provide
plentiful, clean
power to
sustain the
world in the
decades to
come.
Preparing for a Changing Environment
Climate change is a long-term challenge that will require decades of
sustained effort to influence. Although Korea is not an Annex I country
obligated to cut greenhouse gas emissions under the Kyoto Protocol, that is
expected to change during the second commitment period which begins in
2013. Our response to climate change has been a progressive expansion
into the new and renewable energy field. We are also exploring business
opportunities in carbon-offset projects and carbon-credit trading.
Growing with Renewable Energy
Fossil fuel depletion, soaring oil prices, and climate change have put the
spotlight on biodiesel, bioethanol, and other biofuels produced from plant
oil. In 2008, we acquired two palm plantations in Indonesia covering roughly
24,000 hectares to give our biodiesel business a firm footing. These
plantations produce over 100,000 tons of palm oil annually. We have also
joined the Roundtable on Sustainable Palm Oil to ensure that our supply
chain is as sustainable as the biodiesel we produce.
Harnessing the Power of the Sun
While residential-scale photovoltaic systems have been around for decades,
utility-scale systems are becoming increasingly common as governments
increase incentives and support for the industry. We are a verticallyintegrated player in this field, involved in polysilicon sourcing, photovoltaic
cell and module production, and utility-scale power generation. We market
turnkey solar plant solutions under the Sol-Luce brand at home and abroad.
Our largest project to date is a 2.5 GW renewable energy cluster—the
world’s largest—in Canada’s Ontario province featuring both solar and wind
generation.
Preparing for the Hydrogen Economy
Hydrogen fuel cells create electricity and heat from the electrochemical
reaction of hydrogen and oxygen. Unlike traditional fossil fuel generation
technologies, fuel cells produce virtually no carbon dioxide or other
pollutants. Looking ahead, we plan to steadily expand our product portfolio
to provide turnkey power solutions, offer key system components and
auxiliary facilities, and operate our own power plants as we prepare for the
emerging hydrogen economy.
38
39
Social Responsibility
At Samsung
C&T, we are
committed to
improving the
quality of life
wherever we
do business.
Volunteers are
at the heart of
our outreach,
generously
giving their
time and
talents to make
a difference in
local
communities.
Improving Life for Children
We have partnered with the Pearl S. Buck Foundation Korea since 2006 to
help improve the health, education, livelihood, and psycho-social situations
of multicultural children and their families through annual summer camps
and active scholarship programs for primary and secondary school-age
children. We also support Plan, a child development organization that works
to promote child rights to end child poverty in 48 developing countries
across Asia, Africa, and the Americas, through individual child sponsorships
by our employees.
We’re sharing
value with local
communities.
Bringing Beauty to Life
Over the past two decades, we have actively supported a broad range of
events and activities to promote a wider appreciation of the Rose of Sharon or
hibiscus syriacus, Korea’s national flower. In addition to hosting annual
planting events, literary and photography contests, and symposiums, we have
funded the creation of Rose of Sharon gardens at Bosingak bell pavilion in
central Seoul and the central square of the War Memorial of Korea.
Supporting Rural Communities
Globalization and open markets are threatening the livelihood of many rural
farming communities in Korea. Our business units are partnering with more
than 30 villages, helping out during planting and harvest seasons, running
farmers’ markets, repairing and maintaining facilities, providing scholarships
for needy families, and much more as we help bring self-reliance and vitality
to these communities.
Serving the Needy
Many of our employees are involved in visiting, serving, and supporting the
disabled, the elderly, and the orphaned on a regular basis. In 2009, our 20
volunteer teams provided over 20,000 hours of service to local communities.
We also stand at the ready to help in the event of man-made and natural
disasters, providing both equipment and manpower for recovery and
reconstruction.
Building Homes with Love
We have been a Habitat for Humanity partner since 2000, helping provide
needy families in Korea and abroad with safe, decent, affordable homes.
Beyond funding and recruiting volunteers to build multi-residence projects
each year, our Engineering & Construction Group provides a special
supervisory team for each project to ensure quality and safety.
40
41
About Samsung
Ranked the
world’s 19th
most valuable
brand in 2009 by
Interbrand, the
Samsung Group
is today Korea’s
largest
conglomerate
with interests in
a wide range of
businesses from
consumer
electronics to
petrochemicals
and advertising
to life insurance.
The Samsung story began with the founding of Samsung Sanghoe
(Samsung Trading Company) back in 1938. Following the end of World
The Samsung Group
War II, the newly renamed Samsung Corporation—now known as
Samsung C&T Corporation—entered the business of international trade
in earnest. After the Korean War, Cheil Industries and Cheil Jedang were
founded in the 1950s to produce textiles and sugar, respectively,
heralding the dawn of Korea’s industrial modernization and the beginning
of the end of the nation’s reliance on imports for basic consumer goods.
For more than 70 years, Samsung has been dedicated to making a better
world through diverse businesses that today span advanced technology,
semiconductors, skyscraper and plant construction, petrochemicals,
fashion, medicine, finance, hotels, and more.
Samsung entered the electronics business in the late 1960s, adding
chemicals, machinery, and semiconductors during the 1970s. In 1983,
Samsung Electronics developed the world’s first 64-kilobit DRAM chip,
seizing a lead in the global memory industry that it has yet to relinquish.
During this period of expansion and innovation, global-minded
management also played a key role in Samsung’s emerging global
competitiveness. In 1993, the group began a new era with the
announcement of the “New Management” initiative. Focusing on
Electronics
Industries
Heavy Manufacturing &
Chemical Industries
Financial
Services
· Samsung Life Insurance
· Samsung Fire & Marine Insurance
· Samsung Card
· Samsung Securities
· Samsung Investment
Trust Management
· Samsung Venture Investment
Other Affiliated
Companies
fundamental change and quality-driven management, the initiative laid
the foundation for Samsung’s ascent into the ranks of the world’s top
conglomerates over the rest of the decade.
With the advent of the 21st century, Samsung’s focus has shifted to the
themes of sustainability and social responsibility, areas that are
becoming increasingly important to every company with global
aspirations. But even as the themes of management change with the
times, the one thing that has remained consistent is the group’s mission
statement—“We will devote our human resources and technology to
create superior products and services, thereby contributing to a better
global society.” It is a mission that is now guiding the group as it strives
to take its competitiveness to the next level through globalization, ITbased reorganization, and multifaceted integration. And as Samsung
actively lives and shares this mission, its future as a global group of
blue-chip companies dedicated to being the world’s best in their
· Samsung Electronics
· Samsung SDI
· Samsung Electro-Mechanics
· Samsung Corning Precision Materials
· Samsung SDS
· Samsung Mobile Display
· Samsung LED
· Samsung Heavy Industries
· Samsung Techwin
· Samsung Total Petrochemicals
· Samsung Petrochemicals
· Samsung Fine Chemicals
· Samsung BP Chemicals
· Samsung C&T Corporation
· Samsung Engineering
· Cheil Industries
· Samsung Everland
· The Shilla Hotels & Resorts
· Cheil Worldwide
· S1 Corporation
· Samsung Medical Center
· Samsung Economic
Research Institute
respective businesses is certain to shine even brighter.
42
43
Financial Statements
Non-Consolidated Statements of Financial Position
December 31, 2009 and 2008
Assets
2009 U.S. dollars in thousands
2008
December 31, 2009 and 2008
Shareholders’ equity
Current assets
Capital stock
Cash and cash equivalents
$646,839
$998,942
Common stock
$668,970
Short-term instruments
82,152
86,834
Preferred stock
19,907
19,907
Accounts receivable, net of allowance fordoubtful accounts and present value discounts
1,584,695
2,014,782
Capital surplus
857,728
857,910
Short-term loans receivable
418,112
163,609
Capital adjustments, net
(272,941)
(276,884)
Inventories, net of valuation allowance
104,360
278,764
Accumulated other comprehensive income, net
3,839,108
1,849,639
Advance payments, net of allowance for doubtful accounts
265,075
212,273
Retained earnings
1,272,057
1,073,172
Prepaid expenses
406,512
351,588
Total shareholders’ equity
6,384,829
4,192,714
Current portion of deferred income tax assets
18,713
8,438
Total liabilities and shareholders’ equity
$11,891,564
$9,655,898
Years Ended December 31, 2009 and 2008
U.S. dollars in thousands
Current portion of long-term receivables, net of allowance for doubtful accounts and present value discounts
18,257
19,618
Guarantee deposits and other current assets
183,378
127,681
Total current assets
3,728,093
4,262,529
Property, plant and equipment, includingrevalued portion, net of accumulated depreciation
538,856
546,720
U.S. dollars in thousands
Non-Consolidated Statements of Income
$668,970
Long-term available-for-sale securities
5,567,166
2,941,933
Equity-method investments
1,398,294
1,382,533
Long-term receivables, net of allowance fordoubtful accounts and present value discounts
355,201
365,722
$9,314,773
$10,116,129
Intangible assets, net 24,584
30,213
Cost of sales
8,427,310
9,123,308
Long-term deposits and other assets, net
279,370
126,248
Gross profit
887,463
992,821
$11,891,564
$9,655,898
Selling and administrative expenses
647,222
680,983
Operating income
240,241
311,838
Interest and dividend income
122,501
115,513
234,721
292,107
Total assets
Sales
2008
Non-operating income
Liabilities and Shareholders’ Equity
Current liabilities
2009 Accounts payable
$1,436,122
$1,514,034
Foreign exchange gains
Short-term borrowings
44,048
695,225
Gain on foreign currency translation
69,625
194,755
Current portion of long-term debt
102,737
88,379
Gain on valuation of equity-method investments
148,762
65,826
Advances received
1,326,620
1,286,163
Gain on disposal of investments
509
25,501
Accrued expenses
82,311
134,823
Others
59,256
40,995
Withholdings
94,859
75,854
635,374
734,697
Non-operating expenses
Other current liabilities
29,546
86,977
Total current liabilities
3,116,243
3,881,455
Interest expense
112,095
57,101
252,989
338,000
Long-term debt, net of current portion
1,027,156
876,967
Foreign exchange losses
Accrued severance benefits, net
63,422
59,804
Loss on foreign currency translation
75,250
168,811
Deferred income tax liabilities
1,131,446
552,019
Loss on valuation of equity-method investments
59,494
18,753
Other liabilities
168,468
92,939
Loss on impairment of assets
10,660
-
$5,506,735
$5,463,184
Loss on disposal of investments
1,735
1,358
Total liabilities
Others
19,819
84,775
532,042
668,798
Income before income tax
343,573
377,737
Income tax expense
(80,176)
(82,137)
Net income
$263,397
$295,600
Basic earnings per share (in U.S. dollars)
$1.79
$2.00
Diluted earnings per share (in U.S. dollars)
$1.78
$1.99
Per share data
44
45
Global Network
headquarters
Samsung C&T Corporation
Samsung C&T Corporation Building
1321-20, Seocho-2-dong
Seocho-gu, Seoul 137-857, Korea
Tel: 82-2-2145-2114
AMERICAS
New York
Samsung C&T America Inc.
85 Challenger Road, Ridgefield Park
NJ 07660, U.S.A.
Tel: 1-201-229-5001
bogota
Samsung C&T America Inc., Bogota Office
Teleport Business Park Building
Tower B, Suite 513
No. 9-45 114th Street
Sante Fe de Bogota, Colombia
Tel: 57-1-629-2535
Houston
Samsung C&T America Inc., Houston Office
5847 San Felipe Street, Suite 1500
Houston, TX 77057, U.S.A.
Tel: 1-713-828-5079/11
Los Angeles
Samsung C&T America Inc., L.A. Office
14251 East Firestone Boulevard
La Mirada, CA 90638, U.S.A.
Tel: 1-562-802-2211
MaNzanillo
Terminal KMS de GNL, S. de R.L. de C.V.
Edificio Torre Mayor
Paseo de La Reforma 505, Piso 33
Col. Cuauhtemoc 06500, México
Tel: 52-1-55-5284-0525
México City
Samsung C&T America Inc.
Oficina de Representacion en Mexico
Sierra Candela No. 111, Suite 306
Col. Lomas de Chapultepec
México City 11000, México
Tel: 52-55-5985-5901
Panama
Samsung C&T America Inc., Panama Office
Plaza Credicorp Bank Panama
Piso 4, Calle 50, No. 120
Panama City, Panama
Tel: 507-210-1588
Santiago
Samsung C&T America Inc., Santiago Office
Edificio Neruda, Oficina 602
Santiago Rosario Norte 555
Las Condes, Santiago, Chile
Tel: 56-2-570-3256
SÃo Paulo
Samsung C&T do Brasil Ltda.
Av. das Nações Unidas, 12901
Torre Oeste 22° Andar, Brooklin Paulista
São Paulo 04578-910, Brazil
Tel: 55-11-5105-5858
Toronto
Samsung C&T America Inc., Toronto Office
55 Standish Court
Mississauga, ON L5R 4A1, Canada
Tel: 1-905-817-6498
EUROPE & CIS
Frankfurt
Samsung C&T Deutschland GmbH
Samsung Haus, Am Kronberger Hang 6
Schwalbach am Taunus 65824, Germany
Tel: 49-6196-66-5200
Almaty
Samsung C&T Deutschland GmbH
Almaty Office
Nurly Tau Business Center
Block 2A, Suite 602
19 Al-Farabi Avenue
Almaty 050059, Kazakhstan
Tel: 7-727-311-0661
Bucharest
Samsung C&T Deutschland GmbH
Bucharest Office
World Trade Center
Entrance D, Suite 1.06
10 Montreal Square, Sector 1
Bucharest 011469, Romania
Tel: 40-215-295-577
Budapest
Samsung C&T Deutschland GmbH
Budapest Office
Árpád Center, Árbóc Utca 6
Budapest 1133, Hungary
Tel: 36-1-450-1626/7
Istanbul
Samsung C&T Deutschland GmbH
Istanbul Office
Buyukdere Cad. Ozsenzen Is Merkezi
No. 122, Kat. 6/A, 34394
Esentepe, Istanbul, Turkey
Tel: 90-212-216-0877
Kiev
Samsung C&T Corporation
Kiev Office
11, Bulvar Lesi Ukrainki, Office 54
Kiev 01133, Ukraine
Tel: 38-044-507-03-77
Krasnoyarsk
Samsung C&T Deutschland GmbH
Krasnoyarsk Office
P. Zheleznyaka Street, 6a, Office 49
Krasnoyarsk 660022, Russia
Tel: 3912-220-12-17
London
Samsung C&T U.K. Ltd.
Samsung House, 3 Riverbank Way
Great West Road, Brentford
London TW8 9RE, U.K.
Tel: 44-20-8232-3200
46
Lormaison
Cp. Inox S.A.S.
Parc D’activites de la Reine Blanche
60110 Lormaison, France
Tel: 33-3-4452-4290
Madrid
Samsung C&T Deutschland GmbH
Sucursal en Espana
Edificio Veganova 1-4
Avenida de la Vega 1
Alcobendas (Madrid) 28108, Spain
Tel: 34-91-484-0511
Milan
Samsung C&T Italia S.R.L.
Via Carducci 125/A
Sesto San Giovanni (Mi) 20099, Italy
Tel: 39-02-262-914-201
Moscow
Samsung C&T Deutschland GmbH
Moscow Office
26 Pravdy Street, Suite 201
Moscow 125040, Russia
Tel: 7-495-797-2535
Paris
Samsung C&T France S.A.S.
Tour Maine Montparnasse, B.P. 51
33 Ave. du Maine, 75755 Paris
Cedex 15, France
Tel: 33-1-4279-2200
PRAGUE
Samsung C&T Deutschland GmbH
Praha Office
Vaclavske Namsti 66/808
110 00 Prague 1, Czech Republic
Tel: 420-2-5731-4400
Rotterdam
Samsung Pleomax Europe
Rivium Boulevard 301
Capelle aan den IJssel NL-2909 LK
Netherlands
Tel: 31-10-283-9679
Sofia
Samsung C&T Deutschland GmbH
Sofia Office
World Trade Center, Suite 701b
36 Dragan Tzankov Boulevard
Sofia 1057, Bulgaria
Tel: 359-2-969-5013
Targoviste
S.C. Otelinox S.A.
Gaesti Street No. 16
Targoviste 0200, Romania
Tel: 40-245-209-103
ASIA
Beijing
China Merchants Tower, 29th Floor
118 Jianguo Road
Chaoyang District
Beijing 100022, China
Tel: 86-10-6566-8100 (5000)
Dalian
Samsung (Tianjin) International
Trading Co,. Ltd., Dalian Branch
Senmao Building, 21st Floor
147 Zhongshan Road
Dalian, 116011, China
Tel: 86-411-8360-7700
Dongguan
Dongguan Samsung
Steel Center Co., Ltd.
Fumin Industrial Park 2
Dalang, Dongguan
Guangdong, China
Tel: 86-769-8112-9222
Foshan
Guangdong Xingpu
Steel Center Co., Ltd.
Beijiao Industrial Park
2 Lingang Road South
Beijiao, Shunde, Foshan, China
Tel: 86-757-2633-0425
Guangzhou
Samsung C&T Guangzhou Ltd.
Free Trade Zone, 11 Duan
Guangbao Avenue, Suite 302
Guangzhou, China
Tel: 86-20-3891-1281/210
Hong kong
Samsung Hong Kong Ltd.
Central Plaza, 8th Floor
18 Harbour Road
Wanchai, Hong Kong
Tel: 852-2862-6000
Niigata
Myodo Metal Co., Ltd.
5025, Tsubame, Tsubame-si
Niigata, Japan
Tel: 81-256-66-6000
Osaka
Samsung Japan Corporation
Osaka Branch
Crystal Tower, 6th Floor
1-2-27, Shiromi, Chuo-ku, Osaka, Japan
Tel: 81-6-6949-3579
VODERADY
Poss-Slpc S.R.O.
919 42 Voderadi 405, Slovakia
Tel: 421-033-591-3120
Pinghu
Samsung Precision
Stainless Steel (Pinghu) Co., Ltd.
2318 Xinmin Road
Pinghu, Zhejiang, China
Tel: 86-573-8507-7660
Warsaw
Samsung C&T Deutschland GmbH
Warsaw Office
Przedstawicielstwo W Polsce
Zepter Business Center
Ulica Domaniewska 37
Warsaw 02-672, Poland
Tel: 48-22-621-5961
Qingdao
Samsung (Tianjin) International
Trading Co,. Ltd., Qingdao Branch
Crowne Plaza Hotel Qingdao
Suites 1201~1206
76 Xianggangzhong Road
Qingdao, China
Tel: 86-532-8575-6095
Shanghai
Samsung C&T Corporation
Shanghai Office
Shanghai International Trading Center
Suite 905, 2201 Yannan Road
Shanghai, China
Tel: 86- 21-6275-4877
Shantou
Samsung C&T Guangzhou Ltd.
Shantou Office
Shantou International Commercial Plaza
Block A, Unit 23C-1, Jinsha Road East
Shantou, China
Tel: 86-20-3891-1281/210
Shenzhen
Samsung C&T Guangzhou Ltd.
Shenzhen Office
Excellence Times Square, Suite 1501
4068 Yitian Road, Futian District
Shenzhen, China
Tel: 86-755-2399-5277
Posco-Samsung Suzhou
Processing Center Co., Ltd.
168 Shenxu Road
Suzhou Industrial Park
Suzhou, Jiangsu, China
Tel: 86-512-6289-0903/8001
Taipei
Samsung Taiwan Corporation
International Trade Building, Suite 2203
333 Keelung Road
Section 1, Taipei 110, Taiwan
Tel: 886-2-2728-8510
Tianjin
Samsung (Tianjin)
International Trading Co., Ltd.
Tianxin Building, Suite 2005
125 Weidi Road
Hexi District, Tianjin, China
Tel: 86-10-6566-8100/5000
TOKYO
Samsung Japan Corporation
Roppongi T-Cube, 17th Floor
3-1-1, Roppongi, Minato-ku
Tokyo, Japan
Tel: 81-3-6234-2650
Yinchuan
Ningxia KNOC Samsung Lantian
Oil Development Co., Ltd.
XBLDL Office Building, Suite 1412
2 Jiefang Road, Yinchuan
Ningxia, China
Tel: 86-951-603-6530
Ulaanbaatar
Erdsam International Co., Ltd.
Grand Office Center, Suite 65
12 Jamyan Gun Street
Sukhbaatar District
Ulaanbaatar, Mongolia
Tel: 976-11-314-564
SOUTHEAST ASIA
Bangkok
Samsung C&T (Thailand) Co., Ltd.
Lake Rajada Office Complex, 21st Floor
193/90 Rachadapisek Road
Khet Klongtoey, Bangkok, Thailand
Tel: 66-2-264-0527
dong nai
Samsung Chemical Technology Vina LLC.
Go Dau Industrial Zone
Land Plot No. 10 on Road No. 3
Phuoc Thai Village, Long Thanh District
Dong Nai, Vietnam
Tel: 84-8-823-1135
Hanoi
Samsung C&T Corporation
Hanoi Office
Pacific Place, Suite 406
83B Ly Thoung Kiet Street
Hanoi, Vietnam
Tel: 84-4-3946-1407
Ho Chi Minh
Samsung C&T Corporation
Ho Chi Minh Office
Diamond Plaza Building, Suite 701
34 Le Duan Street, District 1
Ho Chi Minh City, Vietnam
Tel: 84-8-823-1135
JakaRTa
Samsung C&T Corporation
Jakarta Office
Plaza Bapindo, Madrid Tower, 20th Floor
Jalan Jendral Sudirman Kav. 54-55
Jakarta 12190, Indonesia
Tel: 62-21-2995-0161
Klang Selangor
Mssc (M) Sdn. Bhd.
Pt 17244, 4th Mile
Jalan Sekolah, Off Jalan Kapar
Rantau Panjang
Klang, Selangor 42100, Malaysia
Tel: 60-3-3291-4342
Kuala Lumpur
Samsung C&T Malaysia Sdn. Bhd.
1404, Kenanga International,
Jalan Sultan Ismail
Kuala Lumpur 50250, Malaysia
Tel: 60-3-2161-6497
Manila
Samsung C&T Corporation
Manila Regional Office
Solid House Building, 2nd Floor
2285 Pasong Tamo Extension
Makati City, Metro Manila 1231
Philippines
Tel: 63-2-815-2937
Mumbai
Samsung C&T Corporation
Mumbai Office
Solitaire Corporate Park, Unit 552
Andheri (East), Chakala
Mumbai 400 093, India
Tel: 91-22-6143-8300
New Delhi
Samsung C&T Corporation
New Delhi Office
The Mira Corporate Suites
Block C-2, 2nd Floor
Plot 1 & 2, Old Ishwar Nagar, Mathura Road
New Delhi 110 065, India
Tel: 91-11-4655-9000
Pekanbaru
Samsung & Ganda Pte. Ltd.
Jalan Putri Indah No. 3
Pekanbaru, Riau, Indonesia
Tel: 62-811-984-4153
Riau
Samsung & Ganda Pte. Ltd.
PT. Gandaerah Hendana
Ukui, Pangkalan Kuras
Pelalawan, Riau, Indonesia
Tel: 62-761-859-774
Samsung & Ganda Pte. Ltd.
PT. Inecda
Siberida, Indragiri Hulu
Riau, Indonesia
Tel: 62-761-859-774
Singapore
Samsung C&T Singapore Pte. Ltd.
Samsung Hub, #21-02
3 Church Street, Singapore
Tel: 65-6550-8300
Yangon
Samsung C&T Corporation
Yangon Office
Dagon Center, 5th Floor
262-264 Pyay Road
Sanchaung Township
Yangon, Myanmar
Tel: 95-9-501-5275
MIDDLE EAST & AFRICA
Accra
Samsung C&T Corporation
Accra Office
No. 40 Senchi Street
Airport Residential Area
Upo Legon Pmb L2, Accra, Ghana
Tel: 233-22-200-716
Algiers
Samsung C&T Corporation
Algiers Office
Cooperative el Moustakbel No.186
Lot No. 02, Dely Ibrahim, Algiers, Algeria
Tel: 213-21-59-1030
Dubai
Samsung C&T Corporation
Dubai Office
P.O. Box 4246
Al Dana Building, Suite 308
Al Maktoum Street
Dubai, U.A.E.
Tel: 971-4-222-9634
Johannesburg
Samsung C&T Corporation
Johannesburg Office
Sandton City Office Tower, 16th Floor
Sandton 2146, South Africa
Tel: 27-11-884-8746
Lagos
Samsung C&T Nigeria Ltd.
Amazing Grace Plaza, 2nd Floor
Plot 2E-4E, Ligali Ayorinde Street
Victoria Island, Lagos, Nigeria
Tel: 234-1-461-0439/6215
Lobito
Lobinave-Estaleiro Naval do Lobito, Lda.
Lobito Velho, Lobito 480, Angola
Tel: 244-272-22-3003/4
Luanda
Samsung C&T
Luanda Office
Edificio Monumental 11-A
Rua Major Kanhangulo 290
Luanda, Angola
Tel: 244-222-333-126
Riyadh
Samsung C&T Corporation
Riyadh Office
P.O. Box 69635
Al Rosais Center, Suite 706
Olaya Street, Riyadh 11557
Saudi Arabia
Tel: 966-1-462-7641
Tehran
Samsung C&T Corporation
Tehran Office
No. 1 Parvin Alley, 3rd Floor
Valiasr Avenue, Tehran, Iran
Tel: 98-21-2204-2106
47
Imagine what we can create together.
48
Published by Samsung C&T Corporation | Produced by Cheil Worldwide | Created by Image & Imagination | Photographed by Sajinmoon | Written by Kevin Newhart | Printed by Samsung Moonhwa Printing
Imagine and create. This is what we do every day
around the world to deliver greater value for our
customers. It takes a strong commitment and relentless
drive to accomplish. But when all the elements of value
come together, they unleash synergy that brings greater
success and prosperity to all.
www.samsungcnt.com
Samsung C&T Corporation Building
1321-20, Seocho-2-dong, Seocho-gu, Seoul 137-857, Korea
Tel: 82-2-2145-2114 Fax: 82-2-2145-3114
www.samsungcnt.com