Taekwang Industrial has been contributing to the nation’s economic development since its establishment in 1950. Through the years, our strategy of increasing our competitiveness by stressing superior quality and facilities has allowed us to retain our dominant position in the industry.
During that time, we have realized our dream of manufacturing everything related to petrochemicals, fibers, and textiles, from raw materials to finished products. This has been done, through the operation of large-scale plants for such petrochemicals as PTA, propylene, and AN. Our continued growth over the past half-century has resulted from our industry-leading experience and expertise, practical goal setting, and profit-oriented management.
We are now ensuring the continuing competitiveness of our core businesses through the extension of our PTA and NaCN plants and the development of a spandex plant in China. In addition, we are consolidating our position as an industry leader by securing new and emerging businesses as future growth engines. We will also continue to cement our position as a global company, doing business everywhere and entering new markets whenever and wherever we see them.
As always, we will deliver the ultimate in customer satisfaction while maintaining industry leadership through the enhancement of core businesses and the development of new ones. I look forward to your unwavering interest and support.