ILSHINWELLS established the attached laboratory in 1991. That year,
ILSHINWELLS began to produce and apply the food emulsifier which is the basic of food production,
and also started research industrial materials envelopment, agricultural film and cleaning products
in the basic materials development of food.
Since then ILSHINWELLS invented more than 95% high-purity mono-glyceride in
cooperation with Korea Institute of Science and Technology (KAIST), and established
2nd factory in Cheongju to supply the mono-glyceride in 1996. As a result,
the manufacturing of the high-purity mono-glyceride which depended on
importation made the substitution effect of 4 million 800 thousand importation profits,
also contributed in the progression of Korean economy . The purity of surfactant was about 80% at that time, and ILSHINYOUHWA showed
the world-class technology with the high-purity Monoglyceride.
We invested in automated equipment not only to the development. As a result,
ILSHINWELLS had a great impact on the market with a combination of both high quality
and low price by producing 30 ton per a day.

ILSHIN Industry changed its brand name to ILSHINYOUHWA
to challenge the overall market emulsifier beyond the limited material such as baking and
confectionery. After the change, we had focused on new product development with
'polyhydric alcohol fatty acid ester‘ surfactant as the center, and had kept up the technology innovation.
These outputs became the foundations consisting of ILSHINWELLS’s product line.

Korea promoted the encouraging flour policy actively in 'the Third Five-Year
Economic Development Plan' in 1970s. As a result, the industry of bakeries was growing rapidly.
At that time, ILSHIN Industry contributed to economic development by offering Mono-copper
which is confectionery and bakery emulsifiers.
ILSHIN Industry has been the source of today's ILSHINWELLS through ILSHINYOUHWA.