TK CHEMICAL CORPORATION is a Korea-based company engaged in the manufacture of synthetic fiber. The Company produces polyester yarns, including cation dyed yarns, fused false twisted yarns, full dull yarns, high multi drawn texture yarns, high shrinkage yarns and others; spandex bare yarns, which are used for stockings, swim suits, tights, lingeries, jeans, dresses, skirts and others, and polyethylene terephthalate (PET) resins, which are used in beverage packages, medical packages, packing sheets and others. Through its subsidiary, HIPLUSCARD CORPORATION, it also engages in the issuance and calculation of advance payment cards. On Jun 10, 2011, the Company acquired entire shares of HIPLUSCARD CORPORATION.
(Source: ARS)