Taekwang Industrial Co, Ltd. () is a South Korean

chemical A chemical substance is a form of matter having constant chemical composition and characteristic properties. Some references add that chemical substance cannot be separated into its constituent elements by physical separation methods, i.e., wi ...

and

textile Textile is an umbrella term that includes various fiber-based materials, including fibers, yarns, filaments, threads, different fabric types, etc. At first, the word "textiles" only referred to woven fabrics. However, weaving is not the ...

company headquartered in the Jangchung-dong area of central

Seoul Seoul (; ; ), officially known as the Seoul Special City, is the capital and largest metropolis of South Korea.Before 1972, Seoul was the ''de jure'' capital of the Democratic People's Republic of Korea (North Korea) as stated iArticle 103 ...

, with plants located in China as well as in Korea. Founded by Lee Im Yong in 1950, the company has developed into a manufacturer of textiles, petrochemicals, wet weather and safety clothing products, and is part of the

Taekwang Group Taekwang Group is a large South Korean ''chaebol'' (conglomerate), producing clothing, apparel, chemical, industry, and financial services products. Subsidiaries *Taekwang Industry *Taekwang Synthetic Fiber (ChangShu, China) *Taekwang Swimwear ...

. Taekwang Industrial had established a foundation in Seoul Sehwa High School. Taekwang produces Acelan brand

spandex Spandex, Lycra, or elastane is a synthetic fiber known for its exceptional elasticity. It is a polyether-polyurea copolymer that was invented in 1958 by chemist Joseph Shivers at DuPont's Benger Laboratory in Waynesboro, Virginia, US. The ge ...

, raincoats, umbrellas,

sodium cyanide Sodium cyanide is a poisonous compound with the formula Na C N. It is a white, water-soluble solid. Cyanide has a high affinity for metals, which leads to the high toxicity of this salt. Its main application, in gold mining, also exploits its hi ...

, and black

abaya The abaya "cloak" (colloquially and more commonly, ar, عباية ', especially in Literary Arabic: '; plural ', '), sometimes also called an ''aba'', is a simple, loose over-garment, essentially a robe-like dress, worn by some women in par ...

fabric. Taekwang Industrial's electronic division, ''Taekwang Eroica'', manufactured phones and audio electronics products, including the Eroica brands. However, the electronic division was shut down when Korea's audio market dried up in December 2005. The revenue of Taekwang Industrial was 2.1 trillion KRW in 2011.

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* Chemical companies of South Korea Clothing companies of South Korea Electronics companies of South Korea Taekwang Group Chemical companies established in 1950 South Korean companies established in 1950 Manufacturing companies based in Seoul {{SouthKorea-company-stub

See also

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