Kleannara has scheduled an extraordinary general meeting for 4 November 2026 in Seoul at which shareholders will vote on appointing Choi Byung Min, currently an advisor to the company and its former honorary chairman, as an inside director. The move is presented by the board as reinforcing leadership continuity at the South Korean hygiene and household paper products maker.
Why this mattersReturning a former honorary chairman to the board points to continuity rather than change in strategy at the South Korean household paper producer.
- Kleannara's board has called an extraordinary general meeting for 4 November 2026 in Seoul.
- Shareholders will vote on appointing Choi Byung Min as an inside director.
- Choi Byung Min currently serves as an advisor and formerly held the role of honorary chairman.
- Kleannara is listed under ticker KR:004540 and makes tissues, diapers and other household paper products for the South Korean market.
Kleannara is expanding exports of its Clay Coated Kraft Board (CCKB), an eco-friendly premium paperboard, to South Africa as part of a push to diversify revenue and improve profitability. The company cites tightening EU packaging rules and rising customer demand for recyclable materials as tailwinds, and plans to pursue new customers in South Africa, Europe and Southeast Asia. Kleannara returned to profit in the second quarter of 2026 with an operating profit of KRW 600m.
Why this mattersTightening EU packaging rules are pulling Korean board makers out of commodity white board and into higher-priced coated grades sold into new export markets.
- Kleannara is expanding exports of its Clay Coated Kraft Board (CCKB) to South Africa
- CCKB offers higher strength, water resistance and printability than standard white board, used in HMR and household product packaging
- EU Packaging and Packaging Waste Regulation took effect from August, cited by the company as driving customer demand for recyclable packaging
- Kleannara plans further customer development in Europe and Southeast Asia alongside South Africa
- The company reported an operating profit of KRW 600m in the second quarter of 2026, returning to profit
