As a Flooring Innovation Leader,
NOX Continues to Set New Standards
Leading the LVT flooring industry with unparalleled technology and innovative products
NOX is the industry’s standard worldwide
WHY NOX
There are distinct reasons why NOX cannot be outdone
WORDS FROM THE CEO
NOX Corporation, a Korean company leading
the global LVT flooring industry
Established in 1994 and celebrating its 25th anniversary this year, NOX is a professional flooring company that has been leading LVT innovation worldwide. NOX is a prominent leader in the global LVT flooring industry, represented by its world-class product quality and superior quality management.
Having developed products and sought new market opportunities since its founding, NOX won the $1Million Export Award in 2000, the $100Million Export Award in 2013, and is currently exporting to more than 50 countries. For the first time among global flooring companies, NOX won the “Best of Surfaces 2012 Innovation Award” at Surfaces 2012, one of the top 2 North American exhibitions, and was once again recognized as a world-class company with the “Gold NEOCON Award” at NEOCON 2012. NOX has also been showing a rapid annual growth rate of 20% over the past 5 years, maintaining its market share leader status across developed countries known to demand high quality, such as Japan, Germany and France. Most recently, NOX won the “Gold NEOCON Award” and “Silver NEOCON Award” at NEOCON 2019.
However, NOX did not settle for such achievements and has continued its active search for new market opportunities. The key example would be the launch of premium woven flooring “LOOM+®, LOOM+ has been recognized worldwide for its innovative design and technology. In addition to receiving the German “Red Dot Design Award” in 2014, NOX was the first Korean flooring company to win the “G-Mark” at Japan’s most prestigious Good Design Award. LOOM+ has earned high appraisal at multiple world-renowned design awards, such as the “Grand Prize” at US IDEA 2015, the “Innovation Award” at 2015 DOMOTEX Hannover, the world’s largest flooring fair, and the “Gold NEOCON Award” at NEOCON 2019.
To further accelerate the innovation of LOOM+, NOX recently acquired Hunter Douglas Korea. This acquisition consists of the R&D Center, the domestic sunscreen business, and the Korean manufacturing plant of the world’s largest window blind manufacturer. Through this acquisition, NOX established NOX TEXTERIOR, enabling the application of woven tiles to its unique IVP (Integrated Vertical Production) system, thereby becoming the first in the industry to producep>®” in 2012, followed by eco-friendly PVC-free flooring materials a few years later. In partic completely in-house, from each component to end product. In the coming years, NOX plans to expand its business into the living interior field of woven materials by increasing its LOOM+ production capacity and focusing on developing new woven products and technologies.
On one hand, NOX’s continuous global factory expansion efforts reflect its goal to better serve customers by minimizing the geographical distance. Opening its first US factory in 2015, NOX became the first Korean flooring company to establish a U.S. manufacturing plant. In 2019, NOX US expanded its 1st plant and opened its 2nd plant as well. To further such global expansion, NOX is currently making heavy investments to establish factories in Europe and Southeast Asia as well.
NOX STATEMENT
We lead innovative changes
through differentiated functions and inimitable designs.
MISSION
Utilize natural·artificial materials
to make available products that are useful
in the everyday life
VISION
Global No.1 Professional Housing & Building
Design-Material Company
PRINCIPLE
NOX’s 3 CORE VALUES and 9 NOX WAYS are firm beliefs
established with clear principles to realize NOX’s mission and vision
3 CORE VALUES
RELIABILITY
Our Foundation
We ensure quality as our fundamental promise for customers, the environment, and our employees.
POSSIBILITY
Our Identity
We realize constant innovation through the expertise of our people, beyond all expectation.
DEDICATION
Our Operation
We enjoy doing the right things with positive enthusiasm.
NOX Core Values
THE 9 NOX WAYS
RELIABILITY
Customer Focus
We begin work by clearly understanding the goal and the objective, when the goal and the objectives must be oriented around our customers. By doing so, we strive to have all of our effort customer focused while understanding and exceeding their expectation.
Quality Excellence
We set the meaning and quality standards of our work with clarity. We make sure that quality standards are met and strive to achieve perfection. We execute every detail with precision to exceed our goals. We ensure that no minor defects are left undealt with before proceeding to the next step.
Trust Building
We respect and care for each other and pursue open communication. We prioritize alternatives over criticism, encouragement over blame, and discussions over command. We trust one another and build collaborative relationships with internal and external customers.
POSSIBILITY
Bold Vision
We share a mission that inspires outstanding results and lead colleagues toward that direction. We strive to redefine the industry and create new markets for customers.
Innovation
We seek new ideas. While thinking outside the box, we seek opportunities despite difficulties to foster innovative mindsets throughout the organization. We continuously encourage and implement new innovation.
Craftmanship
We believe that there is no end to learning, and we work to become the best in our field of expertise. We nurture leaders of tomorrow who will one day become leaders themselves, and coach them along the way.
DEDICATION
Ownership
We embrace new opportunities and opt for taking responsibility rather than claiming authority, as all of us are leaders. We act on behalf of the entire company, beyond our roles and responsibilities. Long-term values should not be sacrificed for short-term performances.
Frontline Focus
We believe that answers lie at the frontline, not at the desk. We highly respect our colleagues and wholeheartedly support their daily work at the frontline. Through active engagement in the field, we capture new opportunities and prevent any issues from occurring.
Act First
We consider speed, precision, and confirmation essential to our work. We immerse ourselves in our work on a daily basis to equip ourselves with the ability to act upon timely decisions. As most decisions and actions are amendable, we do not miss on opportunities to be the first. We value taking calculated risks and lead by doing.
NOX TEAMS
Within NOX’s organic organization, professional teams adhere to
NOX’s principles of action to together build Global No.1 NOX
Global & Domestic Sales
Carries out sales activities with NOX’s global and domestic customers, and enhances NOX’s profile and brand values through active acquisition of new customers and opening of new distribution offices
R&D
Researches and develops raw materials and production processes to build a portfolio of innovative technologies and products, based on engineering expertise and analytical thinking
Design
Establishes product design strategy and develops designs by considering both performance and aesthetics, in order to meet customers’ increasingly demanding requirements
Product & Marketing Planning
Plans new products based on the latest data and trends on customers and markets, and builds differentiated marketing strategies to improve profitability and fulfill management goals and sales plans.
Human Resources
Establishes HR strategies in connection to long-term management strategies and oversees HRM/HRD tasks such as promotion, recruitment, training, and compensation, as human resources are one of NOX’s core competencies
Business Development
Establishes NOX’s strategic goals and vision by planning and coordinating overall management activities such as development, implementation and evaluation of management strategies, allocating resources and managing performance
Production Planning
& Quality Assurance
Identifies required production quantity based on demand forecasting and sales orders for smooth production, and continuously monitors products to ensure satisfactory product quality
Finance Planning
Builds and executes various financial planning and accounting tasks to provide accurate financial information on costs and revenue in a timely manner for optimal decision making regarding profitability
Production & Environment, Health,
and Safety
Manages the entire manufacturing process to ensure smooth production without product defects, plans and implements safety programs to prevent unsafe environmental working conditions and accidents.
Purchasing
& Supply Chain Management
Purchases and distributes required items at a competitive price at the right time, builds and manages the supply chain for maximum efficiency and company profit.
MILESTONES
NOX’s history dates back to its chemical heritage from 50 years ago
1994-2005
World’s first IVP (Integrated Vertical Production) system, Glueless Floating LVT Click (ECOCLICK+) and Loose Lay LVT (ECOLAY+)
2012
World’s first launch of Woven Textile LVT, LOOM+
2013
Launch of new ‘EPT™ (Eco-Pro-Tec)’ safe antimicrobial coating (without Nano-silver)
2014
Industry’s first Embossed-In-Register production from continuous laminating line
2015
Established NOX US (1st plant) in Fostoria, Ohio
2017
Launch of SOLIDE+ (Hybrid Wood Flooring), NOX Digital Printing Tech (New Dimension in Floor Design), CERAMIT (Built-In-Grout Technology)
HISTORY
2019 – 2014
2019
NOX US 1st Factory Expansion & 2nd Factory Establishment
Acquisition of Hunter Douglas Korea’s R&D Production Facility and Sunscreen Business Unit
2018
Recipient of Shanghai DOMOTEX Asia “Contribution Award”
Recipient of Exemplary Taxpayers Award
2017
Launch of SOLIDE+ (Hybrid Wood Flooring), NOX Digital Printing Tech
(New Dimension in Floor Design), CERAMIT (Built-In-Grout Technology)
Completed construction of Seoul Design Center
Received investment from TPG (Texas Pacific Group)
2016
Digital printing system for instant sample production upon customer request
2015
Established NOX US (1st plant) in Fostoria, Ohio
Received ‘Innovation@DOMOTEX Hannover’
Received ‘IDEA 2015’
Established NOX US Ohio factory
2014
Industry’s first Embossed-In-Register production from continuous laminating line
Received ‘Red Dot Award 2014’
Awarded ‘Good Design Award 2014’
2013 – 2001
2013
Launch of ‘EPT™ (Eco-Pro-Tec)’ antimicrobial surface coating and ‘EMT™ (Eco-Multi-Tecture)’ LVT core structure
Received ‘NEOCON Silver Award’
Received $100M Export Achievement Tower
2012
World’s first launch of Woven Textile LVT, LOOM+
Received ‘SURFACES Most Innovative Award’
Received ‘NEOCON Best Product Award’
2010
Established Deoksan Factory
2009
First production of Non-Phthalate Formulation LVT
2008
First launch of Grande size Loose Lay LVT (36” X 36” ECOLAY+)
2005
World’s First Glueless Floating LVT Click (ECOCLICK+) and Loose Lay LVT (ECOLAY+)
Received Walmart’s ‘Green Rating’ for factories
2004
Established Enbo Factory
2000 – 1994
1994 – 2000
World’s first NOX IVP (Integrated Vertical Production) system:
⋅ UV Coating system
⋅ Calendering EPT™ Wear Layer / Clear Sheet
⋅ Printing Design Film
⋅ Calendering Core Sheet / Balance Layer
2000
Estabilshed Bongsan Factory
1997
First launch of ‘EMT™ (Eco-Multi-Tecture)’ Core LVT (for gluedown LVT)
with supreme dimensional stability
1994
Established NOX Corporation (Godeok Factory)