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Dec. 2017 Opening a new chapter in cosmetics, food manufacturing, and the environment with vacuum extraction technology

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Page 1: Opening a new chapter in cosmetics, food manufacturing ... · PDF fileapplication in cosmetics, food, ... revenues are generated through cosmetic ... Saponin component of ginseng,

Dec. 2017

Opening a new chapter in cosmetics, food manufacturing, and the environment with vacuum extraction technology

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Company Status

Name of Company

Egeonjo Co., Ltd.

Year Business Established

September 2009

CEO Khan Lee

Total Employees 10

Address4073-33, Iljuseo-ro, Hangyeong-myeon, Jeju-si, Jeju-do, Korea

Main Products

Functional cosmetic raw materials (hydrosol, oil, solids)

Vacuum-dried agricultural and seafood products manufacturing and distribution

Customer

Daebongls Co., Durae Co. Hyundai Department Store,

Shinsegae Department Store, Coupang, Wemakeprice

Revenue USD 2.4 million (2016)

Website www.egeonjo.com

Organization & Staff

Company Overview

Customers

CEO

Manufacturing Finance/HRMarketing R&D

No. of Employees

Main JobWork Place

CEO 1 CEO

Jeju-do(HQ)

R&D 3Research Planning

Development

Manufacturing 3 Manufacturing

Finance/HR 2Strategic Planning,

Financing, HR

Marketing 1 Marketing & Sales Seoul

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Company History

2009~2012 2013~2015 2016~2017

2009

• Establishment of EGEONJO Co. Ltd.

2011

• Introduction of vacuum extraction

separator for research (50L)

• Technology agreement signing

with Jeju Ocean Fisheries Research

Institute regarding development of

red sea cucumber drying

technology

•Development of perfume and

functional cosmetics using scoria

and orchid plant

2012

• Introduction of vacuum extraction

separator for production

2016

•Certification of Venture Company

• Patent Registration (No.10-1648784)

• Investment promotion by KDB

• Introduction of 8th vacuum

extraction separator (600L)

(production type: -98kPa vacuum level)

2017

•Business diversification

- Cosmetic raw materials

- Dried fruits

•Online distribution and sales

2013

• Entered Hyundai Department Store

(vacuum dried seafood products)

•Registration of company affiliated

research institute

• Patent Registration (No.10-1247668)

2014

•Opened outlet in Shinsegae

Department Store (vacuum dried

seafood products)

• Patent Registration (No.10-1417655)

2015

• Introduction of 7th vacuum

extraction separator (550L)

(production type: -98kPa vacuum level)

•Opened outlet in AK Plaza (vacuum

dried seafood products)

Establishment of company and

building technology base

Establishing of business base

Business diversification

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Management Philosophy

Vision

A Global Leader in Vacuum-Drying Technology

Mission

Helping people to lead a healthier life

Core Values

Trust / Innovation / Safety

Talent

Integrity / Gratitude/ Initiative / Professionalism

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Definition of technology

A technique to separate water, oil, and fragrance components

from intracellular components possessed by plant and animal cells

from cells without destruction of cells in a vacuum state

through vacuum decompression.

Principles of Vacuum Extraction Technology

Drying method utilizing the phenomenon where the boiling point

of water is lowered under pressure drop.

Scientific and advanced drying process to induce evaporation and drying of water while keeping

the boiling point of water at 35℃ under vacuum of -95kPa (pressure unit).

A technique that separates the moisture and volatile liquid from the drying object at room

temperature to acquire a well-preserved state of the material to be dried and collect the

evaporated moisture and volatile liquid.

Technology 『Vacuum Extraction Tech.』

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Vacuum Extraction Tech.

Technology Level

Realized vacuum extraction technology and engineering technology

-Completed development and application in cosmetics, food, environment, medicine, and alcohol production

Mass-production of vacuum drying products

-Developed a vacuum extraction separator that maintains vacuum (-98kPa decompression level), and succeeded in mass-producing and commercializing it for the first time in the world

Vacuum extraction separator manufacturing technology

-Energy-saving type using ejector

-Manufacture for sale as well as production for own product

Application Field

Cosmetics raw materials

-Medical herbs: ginseng, bellflower, aloe

-Herbs: rosemary, lavender, chamomile

-Vegetables: onions, garlic, carrots, mushrooms

-Trees: hinoki cypress, amur cork, dendropanax morbiferus, cedar

Food manufacturing

-Seafood processing: gulbichae (dried julienne of yellow corvina), gochujang (red pepper paste) gulbi, squid, shrimp

-Drying of seafood products: gulbi(yellow corvina), tilefish, croaker

-Drying of fruits: mango, pineapple, banana, kiwi, citrus, strawberry, etc.

-Meat processing: beef, pork, chicken

Medicine raw materials

-Aloe, moxa, hemp

Environment field

-Food garbage disposal machine

Product Features

No change of raw material properties

-Preserves the fragrance, taste, texture, and active ingredient of the original as it is.

-Prevents discoloration and nutrient destruction due to heat or freezing.

-High resilience and absorptivity due to no denaturalization of cell tissue.

Optimal hygiene status.- It is dried in a short time in a clean and vacuum environment as in space, preventing bacterial contamination and rancidity.

Eco-friendly health food with no added food additives.

Stability at room temperature.-Low moisture content, low weight, easy to carry and store.

Efficient production.-Efficient machining time makes it easy to get a certain amount of production.

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Technology 『Development Process』

Products to be processed

Machine production

Reduced product deviation [temperature, boiling point]

Decreased defect rate

Mass-production success

Storage conditions for sale [room temperature, refrigerated, frozen]

Selling products

Solid/Hydrosol/Oil Product

Yes

No

No

Yes

No

No

Yes

Control conditions Mass-production test[Full Scale]

Machine test [condition setting]

Change storage conditions

Product processing test

Yes

Medicinal herbs, Herbs,Vegetables, Trees

Seafood, FruitsVegetables, Meat

Cosmetics & MedicinalMaterials

Food Materials

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Certification

Section No. Registration date Title

Patent

10-1247668 Mar 20, 2013 The Composting System of Livestock Excreta by the Fly Larva

10-1417655 July 2, 2014A Yellow Corvina Drying System Equipped with an Ejector Producing Vacuum Drying

10-1387593 Apr 15, 2014 Low Salt Kimchi, and Method for its Production

10-1648784 Aug 10, 2016Apparatus and Method for Manufacturing Bioethanol Using Citrus Peel

Patent application

10-2016-0131334 Oct 11, 2016 A Vacuum Drying System and Method Using the Same

10-2016-0148167 Nov 8, 2016 Squid Drying Method Using Vacuum Dryer

10-2017-0063609 May 23, 2017 Method for Aging Meat

10-2017-0098609 Aug 3, 2017 Method for Conversion and Extraction of Beneficial Componentsin Ginseng(USA) 15814552 Nov 16, 2017

Trademark

40-1020809 Feb 14, 2014 Super dry

40-1173866 Apr 20, 2016 Yomat(요맛; The taste of the dish) (11 cases including mustard)

40-1195529 Aug 10, 2016 Yomat(요맛; The taste of the dish) (20 processed fish etc.)

40-1294456 Oct 18, 2017 15 processed/dried and cooked fruits and vegetables etc.

Trademarkapplication

40-2017-0127903 Oct 11, 2017 Vanary-Natural Plant Extracts for Cosmetic

(China)SY1710-059AIKR Oct 16, 2017 Vanary, 芭娜丽

Patents Certificates & Trademark Certificates

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Value Creation

Utilizing the natural extracts(hydrosol, oil, solids) possessed by plants and animals based on vacuum extraction technology, revenues are generated through cosmetic raw materials, food materials and medicine materials business

Raw Materials Natural Extracts Products

Oil

Hydrosol(cell water)

Solids

Herbs

Trees

Fruits

Vegetables

Seafood

Meat

Medicalherbs

Ginseng, Ginseng sprout, Bellflower, Moxa, Aloe, etc.

Rosemary, Lavender, Peppermint, Chamomile, etc.

Hinoki cypress, Amur cork tree, Vitex rotundifolia, Cedar tree, etcMango, Pineapple, Banana, Strawberry, Pear, Apple, Citrus, etc.Pepper, Onion, Garlic, Carrot, Sweet potato, Sweet Pumpkin, Mushrooms, etcYellow corvina, Shrimp, Squid, Sea cucumber, Tilefish, etc.

Beef, Pork, Chicken

CosmeticsMaterials

MedicinalMaterials

FoodMaterials

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Competitive Advantage

Excellence in quality and production efficiency of pure natural extract→ Business consultation on delivery and cooperation with domestic top-tier companies related to cosmetics, cosmetics raw materials and food

Developing raw materials for cosmetics that are going to grow continuously→Diversifying into functional cosmetics raw materials business by using vacuum extraction

technology

Supplied ginseng’s cellular water (hydrosol) to AMOREPACIFIC through Daebong LS Co. and Durae Co.

Providing samples and supply of herb essential oil samples to LG Household and Health Care

Natural Extracts Quality Characteristics Production Efficiency

Hydrosol(cell water)

Pure water possessed by the raw cells Pure water-soluble fragrance possessed by raw cells Sterilized

EGEONJO’s Room Temperature Vacuum Extraction technology can extract more than 95% of hydrosol in the raw material

Oil High-purity oil possessed by raw cells The original liposoluble fragrance possessed by the

raw cells

Example: EGEONJO’s extraction method can produce 10 times more rosemary oil than the steam distillation method.

Solids

Retention of the shape and color of the raw material. Saponin component of ginseng, unsaturated fatty

acid of yellow corvina, free amino acid increase Sterilized

<Reduction of production time> Dried yellow corvina: Natural drying 3

months→ 12h Dried sea cucumber: Natural drying 1~2

month→ 3 days

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Competitive Advantage

Acquired the accumulated vacuum extraction technology and related engineering data.→ Since our foundation, we have acquired a large amount of engineering data related to vacuum

extraction through the years of experiments, R&D, governmental projects, and industry-academia

collaboration, and upgraded capacity and vacuum degree of Vacuum Extraction Separator

Machine CapacityDegree of Vacuum

Purposes Remarks

Unit 1 50ℓ -95kPa Experimental Cylindrical type

Unit 3 400ℓ -95kPa Drying of seafood products

Layer type

Energy saving type

Unit 4 450ℓ -96kPa

Unit 5 550ℓ -97kPaDrying of

agricultural products

Unit 7 550ℓ -98kPaNatural Material

Extraction

Unit 8 600ℓ -98kPa

Underdevelopment

1,000ℓ -98kPa

[Upgrade of Vacuum Extraction Separator]

Section Retained Data

Drying of seafood products

Drying Conditions, Yield

Drying of fruits Drying / Extraction Conditions, YieldDrying of vegetables

Drying of herbsSeparation Extraction Condition, Yield

Drying of medical herbs Drying / Extraction Conditions, YieldDrying of trees

Drying of waste biomassSeparation Extraction Condition, Yield

[Engineering Data Related toVacuum Extraction ]

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Product Portfolio

Current Products Developed Products

Vacuum DriedFruits

Citrus peelProcessing

Technology(Bioethanol production)

Vacuum DriedSea cucumber

Processed MeatProducts

NaturalSeasoning

SeafoodProcessing

Products

Vacuum DriedSeafoodProducts

CosmeticMaterials

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Manufacturing Process

StockRaw

Material

Preparationfor

Extraction

ProductQuality

Inspection

Packing&

Storage

After inspection of

raw materials,

stored frozen,

refrigerated, and

room temperature

according to the

characteristics of

raw materials

Check the amount,

water content, etc.

Separate

extraction by set

temperature and

time

Hydrosol, oil, solids

yield check

(check extraction

degree)

Package according

to product

characteristics

(Stored at frozen,

refrigerated, room

temperature)

VacuumExtraction Separator

VacuumExtraction

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Products 『Cosmetic Materials』

Ginseng Hydrosol Phytoncide Water[Hinoki Cypress Hydrosol]

100% ginseng hydrosol

extracted by the vacuum

extraction separator

developed by EGEONJO for a

short time (10 hours) without

using solvent

Produces ginseng hydrosol

and solids without loss of the

active ingredient of ginseng.

Production of completely

sterilized ginseng hydrosol

and solids without any

hazardous substances that can

occur in the existing long-

term drying

Yield: 65~70% of ginseng

hydrosol, 20~25% of solids

100% Phytoncide water

extracted from Hinoki cypress

leaf grown in Jeju Island for a

short time (4 hours) by

Vacuum Extraction Separator

developed by EGEONJO

Produces phytonicide water

and solids without loss of

active ingredient in hinoki

cypress leaves

Production of fully-sterilized

phytoncide water and solids

of hinoki cypress without any

harmful substances.

Yield: 42% of phytoncide

water, 47% of solids

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Products 『Processed Seafood Products』

Gochujang Gulbi Gulbichae[Dried julienne of yellow corvina]

Mixed vacuum-dried gulbichae

with red pepper paste

Nine yellow corvina purchased

at Hanlim Port in Jeju shredded

and mixed with gochujang (hot

pepper paste).

Gochujang made by a master in

an old recipe, from Jeju native

blue soybean and chili pepper.

Packaged after aging for two

weeks

No chemical additives such as

artificial sweeteners, synthetic

colorants, synthetic

preservatives, etc.

No fishy smell and excellent

flavor

The head, bone, internal

organs and skin of yellow

corvina were removed and

vacuum dried with a

vacuum extraction

separator developed by

Egeonjo Co., Ltd.

It reproduces the taste of

traditional dried yellow

corvina; good for side

dishes

No chemical additives such

as artificial sweeteners,

synthetic colorants,

synthetic preservatives, etc.

It is completely sterilized by

a new concept drying

method by which the

Gulbichae is dried in a

vacuum state like space.

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Products 『 Processed Seafood Products 』

Vacuum Dried Squid Filled with Cashew Nuts

Vacuum-Dried Shrimp

Natural, eco-friendly

products with no chemical

additives such as artificial

sweeteners, synthetic

coloring agents, and

synthetic preservatives.

Sterilization and

deodorization by vacuum

drying.

A fun squid that one cannot

stop eating!

Crispy squid and soft and

sour cashew nuts are

served as snacks.

Eco-friendly products (Fully

100% shrimp vacuum dried)

without any chemical

additives such as artificial

sweeteners, synthetic

coloring agents and

synthetic preservatives.

Sterilization and

deodorization by vacuum

drying.

Fully 100% shrimp is dried

by vacuum, crispy and salty,

so it is excellent for side

dishes, and snacks.

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Products 『Vacuum-Dried Fruits』

Vacuum-Dried Apple Mango Vacuum-Dried Pineapple

Unlike freeze drying, or heat drying which destroys cells, it is applied at room temperature vacuum drying method to dry in a vacuum like the cosmos. Only moisture of fruit is lost and nutrients and dietary fiber are preserved and concentrated.

100% Peruvian apple mango is a natural eco-friendly product without any chemical additives such as artificial sweeteners, synthetic coloring agents and synthetic preservatives at all.

Good product for children, busy workers, students (teenagers) as convenient and nutritious snacks.

100% Costa Rican

pineapple naturally dried

without using chemical

additives such as artificial

sweeteners, synthetic

coloring agents and

synthetic preservatives.

Good for enhancing

immunity of people with

insufficient vitamin intake

It is good as a healthy snack

for infants and elderly

people

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Products 『Vacuum-Dried Sea cucumber』

Vacuum-Dried Red Sea Cucumber(Korean; Jeju Island)

Vacuum-Dried Sea Cucumber(Korean)

Salt-free processing, three-

day drying period.

Maintains original form and

color of sea cucumber

through room temperature

vacuum drying method.

Outstanding raw-form

restoration through room

temperature vacuum

drying.

Natural, eco-friendly

products without chemical

additives such as artificial

sweeteners, synthetic

coloring agents, and

synthetic preservatives.

The yield was 3.3% (1,000 g

before drying → 33 g after

drying)

Packed in 1kg base unit

Salt-free processing, 60

hours drying time.

Maintains original form and

color of sea cucumber

through room temperature

vacuum drying method.

Outstanding raw-form

restoration through room

temperature vacuum

drying.

Natural, eco-friendly

products without chemical

additives such as artificial

sweeteners, synthetic

coloring agents, and

synthetic preservatives.

The yield was 3.3% (1,000 g

before drying → 33 g after

drying)

Packed in 300g base unit

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Future Business Portfolio

『 Expansion of new business field based on vacuum extraction technology 』

Cosmetics&

Medicines

EnvironmentalBusiness

FoodManufacturing

Cosmetics Materials

Medicines Materials

Vacuum Dried Fruits

Processed Seafood Products

Functional Health Food

Food Additives / Natural Seasoning

Seafood processing dryer

Waste biomass treatment

Bioethanol production

Production of alcohol

Food garbage disposal machine

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Future Business Portfolio

B2B Products B2C ProductsBusiness AreaPortionof Biz.

EnvironmentalBusiness

10Waste biomass

treatmentProductionof alcohol

80

Food garbagedisposal machine

20

FoodManufacturing

30Dry-aged beef Dry-aged pork Dry-aged beef Dry-aged pork

Cosmetics Materials

60Natural extract

(hydrosol)Natural extract

(solids)

Food Additives (분말)

Food Additives (액상)

Natural Seasoning

Seafoodprocessing dryer

Vacuum dried sea cucumber

Seafood ProcessingProducts

Drying of seafood(toll processing)

Fruitsprocessing dryer

Vacuum dried fruits(mango, pineapple)

Natural extract(hydrosol)

Natural extract(solids)

Jeju souvenirs(hydrosol: scent)

Medicines Materials

Current Products Developed Products

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Factory Introduction

LandFloor Area

Vacuum Extraction Separator

Capacity Remarks

Total2,050

㎡408㎡ 6 Machines 2,600ℓ

Excluding office floor area from building floor area

Food manufacturing facility 135㎡ Unit 3,4 850ℓ

Cosmetic material manufacturing facility

135㎡ Unit 5,7 1,100ℓ

Raw material medicine manufacturing facility

70㎡ Unit 8 600ℓ

Research facility 18㎡ Unit 1 50ℓ

Refrigeration facility 50㎡ - -

Office 40㎡ - - A temporary building

Page 22: Opening a new chapter in cosmetics, food manufacturing ... · PDF fileapplication in cosmetics, food, ... revenues are generated through cosmetic ... Saponin component of ginseng,

Contact Information

Name Mr. Wooyeol Chun Mr. Jonghyeok Choi

Title SVP, Head of Marketing Div. Head of Manufacturing

Cell Phone +82 10 2576 7045 +82 10 7148 9778

e-mail [email protected] [email protected]

2. Head Office & Factory Key Contacts

Contact Numbers T. +82 70 4155 2233 F. +82 64 799 3222

Address 4073-33, Iljuseo-ro, Hangyeong-myeon, Jeju-si, Jeju-do, 63009 Korea

Key Contact

Name Mr. Khan Lee Mr. Bongsoo Byun Ms. Jiyeon Yoo

Title CEO/President SVP of Finance/HR Manager of Finance/HR

Cell Phone

+82 10 4701 2914 +82 10 4752 1983 +82 10 2635 0817

e-mail [email protected] [email protected] [email protected]

1. Marketing & Factory Key Contacts