Taekwang Industrial Co., Ltd is a Korea-based company mainly engaged in the production and sale of petrochemical products. Along with subsidiaries, the Company operates its business through two segments. Manufacturing and Leasing Segment is involved in the production and sale of pure terephthalic acid (PTA), ammonium nitrate (AN), propylene, Acrylics (ACR), nylon, spandex, as well as land and buildings leasing. Broadcasting and Communication Segment is engaged in the provision of broadcasting and communication services such as cable television (TV) service, high speed Internet and Internet phone services, broadcasting advertisement services. The Company distributes its products within the domestic market and to overseas markets, including China, Japan and Southeast Asia.