![H. Yoo](https://cdn.statcdn.com/static/../CMS/contactperson/ERI2995_1712926912.png)
Kumho Petrochemical's R&D spending to sales ratio 2014-2022
In 2022, the ratio of R&D spending to sales of South Korean chemical company Kumho Petrochemical rose to 0.74 percent. That year, the company invested around 59 billion South Korean won in research and development (R&D).