TAEWONMULSAN Co., Ltd. is a Korea-based company engaged in the manufacture of automobile parts and gypsum products. The Company operates its business mainly through two segments: plaster segment and automobile parts segment. Its plaster segment provides phosphoric acid refine plaster and other construction materials. Its automobile parts segment provides water pumps for small- and mid-sized automobiles, industrial engine water pumps, gear shifts and others. The Company distributes its products within domestic market and to overseas markets.