Renew System

401 DMC high-Tech Industry center 330 Seongam-ro, Mapo-gu, seoul

South Korea South Korea

Leakage of concrete structures was one of the biggest headaches of the construction industry. Even though it is possible to prevent leakage once, but it usually happens again before long. Such repeated maintenance for the leakage will further destroy structures and cost more, creating a vicious cycle.

According to the analysis of conventional waterproofing agents conducted to develop a new product that can solve this problem, we found that all waterproofing agents analyzed were standardized curable adhesive type, which has various problems such as poor curing when constructed in winter, poor adhesive on wet surface, breaking and flaking off by the behavior of concrete, etc.

Based on the analysis results, we set up critical conditions for new product development to be abided by. The conditions are “it should not be hardened, it should have a self-healing function, it should be capable of bonding wet or moist surfaces and it should be easy to maintain.” With these four prerequisites in mind, we studied the type of new products we develop and concluded that we need to develop flexible bond type waterproofing agent with durability, not curable adhesive type waterproofing agent, getting over the existing stereotypes. We, therefore, started development of Turbo-Seal, a flexible bond type waterproofing agent, from 1995 with manpower supported under the firm university-industry cooperation as well as internal research manpower, completing the development in 1998 and we established Renew System in the following year.

We, Renew System, was designated as a company that developed a top 2013 KOREA’s 10 Best New Technologies and are now competing with leading large companies in the technical field.

The award of KOREA’s 10 Best New Technologies is given to a company that developed a new technology for the first time in the world. We developed a new technology with a technology title named “world’s first technology for manufacturing 1 liquid type non-hardened waterproofing membrane composition using waste rubber”, which was selected as a new technology by the government on Nov 12, 2013 and were honored to receive the Special Award in the KOREA’s 10 Best New Technologies

Codes of ConductEmployment and the WorkplaceEqual Employment Opportunity/NondiscriminationWe believe that all terms and conditions of employment should be based on an individual's ability to do the job and not on the basis of personal characteristics or beliefs. We provide employees with a working environment free of discrimination, harassment, intimidation or coercion relating directly or indirectly to race, religion, sexual orientation, political opinion or disability.Forced LaborWe do not use any prison, slave, indentured, or forced labor in the manufacture of any of our products.Child LaborWe do not utilize child labor in the production of any product. We do not employ any person under the age of 16, or the age at which compulsory schooling has ended, whichever is greater.Hours of LaborWe maintain reasonable employee work hours based on the limits on regular and overtime hours allowed by local law, or where local law does not limit the hours of work, the regular work week. Overtime, when necessary, is fully compensated according to local law, or at a rate at least equal to the regular hourly compensation rate if there is no legally prescribed premium rate. Employees are permitted reasonable days off (at least one day off in every seven-day period) and leave privileges.Coercion and HarassmentWe do not use any prison, slave, indentured, or forced labor in the manufacture of any of our products.CompensationWe fairly compensate our employees by complying with all applicable laws, including minimum wage laws, or the prevailing local industry wage, whichever is higher.Health and SafetyWe maintain a safe, clean and healthy environment in compliance with all applicable laws and regulations. We provide adequate medical facilities, clean restrooms, and reasonable access to potable water, well-lit and ventilated workstations, and protection from hazardous materials or conditions. The same standards of health and safety are applied in any housing we provide for our employees.Concern for the EnvironmentWe believe it is our duty to protect the environment and we do this by complying with all applicable environmental laws and regulations.Monitoring and ComplianceWe adopt a third-party monitoring program to confirm the Company's compliance with this Code of Conduct. Monitoring activities may include announced and unannounced on-site factory inspection, review of books and records relating to employment matters, and private interviews with employees.Inspection and DocumentationWe designate one or more of our officers to inspect and certify that the company's Code of Conduct is being observed. Records of this certification shall be accessible to our employees, agents, or third parties upon request.