SEOUL, South Korea – Saehan Industries Inc. has changed its company name to Woongjin Chemical Co. Ltd. The fiber business division will remain focused on the development of differentiated high value non-clothing products and highly functional new products as well as the enlargement of their uses.

"We launched recycled polyester draperies in Decosit 2008 and will continue on Esfron FR fibers to the application segments such as cruise, hospitality and transportation, among others," said Byenog-woo Kim, interior team manager of the textile division. ''The company is looking for effective partners all over the world to expand and meet the growing needs of the market for its fiber business as well as recycled interior furnishings,'' he added.