Kumho Petrochemical manufactures synthetic rubbers and resins, rubber chemicals, and electronic components for the semiconductor industry. Its products are found in everything from tires and shoes to office supplies and building materials. The company also builds heat and power plants that supply steam and electricity. Founded in 1970, Kumho Petrochemical operates through several domestic offices and plants and international locations in China, Germany, Indonesia, and the US. It is the holding company for the Kumho Asiana Group (land and sea transportation, construction, tire manufacturing, and financial services, among others).