TK Chemical Corporation
KKRX:1044801,768.00
KRW
-32.00
(-1.78%)
ISIN
KR7104480009
Return %
Stock
S&P 500
1Y
3.39
14.20
3Y
5.30
81.12
5Y
-73.17
68.34
Capital Structure
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in mil. unless spec.Working Capital
KRW
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in mil. unless spec.Growth Rates
KRW
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in mil. unless spec.Quarterly Revenue
KRW
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
KRW
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in mil. unless spec.Company Description
- CEO
- Geun-Sook Park
- Full Time Employees
- 162
- Sector
- Process industries
- Industry
- Textiles
- Address
- Daegu South Korea
- IPO Date
- Apr 26, 2011
- Website
- tkchemi.co.kr
- Similar Companies
- Business
- TK Chemical Corporation is a South Korea-based chemical and materials manufacturing company primarily engaged in the production, processing, and distribution of synthetic fibers, petrochemical resins, and industrial materials. Founded in 2007 and headquartered in Seoul, South Korea, with manufacturing facilities located in Gumi and Chilgok, Gyeongsangbuk-do, the company operates as a key member of the SM Group (Samra Midas Group) and serves domestic and international markets across Asia, North America, Europe, and the Middle East. The company operates across multiple integrated business divisions, offering a diverse product and service portfolio that includes: Polyester Filament and Staple Fibers, comprising regular and high-tenacity yarns, microfibers, and specialty fibers engineered for apparel, sportswear, home furnishings, automotive interiors, and industrial textiles; Spandex Yarns, produced under the proprietary Arachra brand for stretch fabrics, functional sportswear, and intimate apparel; Polyethylene Terephthalate (PET) Resins and Bottle Chips, including standard and heat-resistant grades utilized in the manufacturing of beverage bottles, food packaging containers, and industrial sheets; Eco-Friendly Recycled Fibers and rPET Chips, manufactured through post-consumer plastic bottle collection and recycling initiatives for sustainable textiles; and Construction and Real Estate Development, encompassing residential building construction and civil engineering projects carried out in synergy with group affiliates. In recent years, TK Chemical Corporation has implemented significant operational and strategic changes to enhance profitability and optimize its business structure. The company has rationalized its manufacturing footprint by restructuring and scaling back certain unprofitable conventional synthetic fiber and spandex production lines in response to persistent global oversupply and elevated raw material costs. Concurrently, it has pivoted its core focus toward the eco-friendly circular economy, commercializing recycled polyester yarns derived from domestic recycled PET flakes through strategic partnerships with municipal governments and outdoor apparel manufacturers. Furthermore, TK Chemical Corporation has streamlined its corporate portfolio by reallocating capital, optimizing equity holdings in SM Group maritime shipping and logistics affiliates such as SM Line Corporation, and expanding its presence in specialized high-value resin formulations and construction contracting.