CJ CheilJedang Restructures into Three Divisions: Lifestyle Foods, Tech Materials, Core Materials
Creatrip Team
a month ago
CJ CheilJedang said it will reorganize its business from two divisions (food and bio) into three: lifestyle foods, technology materials, and core materials, aiming to improve growth and profitability. Low-growth or low-profit units will be cut. The Lifestyle Foods division, led by Gregory Yep, will push K-food globally with Bibigo-brand global strategic products like dumplings, chicken, sauces, and kimchi (Korean fermented cabbage). The Technology Materials division, overseen by CEO Yoon Seok-hwan, will develop high-value new markets with seasoning nucleotides, natural flavoring Taste & Rich (TnR), and eco-friendly plastic PHA. The Core Materials division, managed by Kim Chan-ho, will seek synergies across feed amino acids (like lysine and tryptophan), staple ingredients such as sugar, flour, and cooking oil, and new materials like allulose to secure profitability. CEO Yoon said the move strengthens business focus and execution to evolve into a global lifestyle leader.
