In 1973, with the WD-40 product (a multi-purpose, anti-rust lubricant) we took our first step towards becoming a specialist in the development of metal working fluids.
Since then, we have continued to develop a variety of metal working fluids essential for the steel, automobile and mechanical manufacturing industries such as rolling oil, cutting oil, anti-rust oil, and many more, thereby contributing to the enhancement of our customer's competitiveness and industry growth.
With the establishment of BUHMWOO CHEMICAL-KUNSHAN in 2001 (Kunshan, China), we gained a foothold to begin our advance into the global market. Subsequently, we have grown to become a leading global competitor in the area of metal working fluids by establishing other overseas corporations in the U.S., Mexico, India, Indonesia, and Vietnam.
In 2002, through BIT, the R&D Institute of Buhmwoo became an independent corporation to create even innovative technology, and we current commit over 7% of our total gross sales back to invest each year.
This consistent monetary effort has yielded dramatic results up to and including exporting our own technologies to 14 countries around the world.
Today, we look forward to continue directing our efforts towards the future and new possibilities.
With deep appreciation for our customers' enduring trust and support, we will continue our journey of contribution to the development and prosperity of our industry and human society by stepping together with our customers, shareholders and all other stakeholders.
We invite you to join our dynamic journey into the next 100 years.
Chairman Kwang jae Yoo