Taekwang Industry
Encyclopedia
Taekwang Industry Co, Ltd. is a South Korean chemical, clothing
and electronics
company headquartered in the Jangchung-dong area of central Seoul
. The company, founded by Lee Im Yong in 1950, has developed into a manufacturer of textiles, petrochemicals, wet weather and safety clothing, and audio electronics products, and is part of the Taekwang Heungkook Group
. Taekwang produces, among many other things, "Acelan" brand spandex, raincoats, umbrellas, sodium cyanide
, and black abaya
fabric. It has plants in China as well as Korea.
Revenues were 1.2 billion KRW
in 2006.
Clothing
Clothing refers to any covering for the human body that is worn. The wearing of clothing is exclusively a human characteristic and is a feature of nearly all human societies...
and electronics
Electronics
Electronics is the branch of science, engineering and technology that deals with electrical circuits involving active electrical components such as vacuum tubes, transistors, diodes and integrated circuits, and associated passive interconnection technologies...
company headquartered in the Jangchung-dong area of central Seoul
Seoul
Seoul , officially the Seoul Special City, is the capital and largest metropolis of South Korea. A megacity with a population of over 10 million, it is the largest city proper in the OECD developed world...
. The company, founded by Lee Im Yong in 1950, has developed into a manufacturer of textiles, petrochemicals, wet weather and safety clothing, and audio electronics products, and is part of the Taekwang Heungkook Group
Taekwang Heungkook Group
Taekwang Group is a large South Korean chaebol , producing electronics, apparel, chemical, industry, and financial services products....
. Taekwang produces, among many other things, "Acelan" brand spandex, raincoats, umbrellas, sodium cyanide
Sodium cyanide
Sodium cyanide is an inorganic compound with the formula NaCN. This highly toxic colorless salt is used mainly in gold mining but has other niche applications...
, and black abaya
Abaya
The abaya "cloak" , sometimes also called an aba, is a simple, loose over-garment, essentially a robe-like dress, worn by some women in parts of the Islamic world including in Turkey, North Africa and the Arabian Peninsula....
fabric. It has plants in China as well as Korea.
Revenues were 1.2 billion KRW
South Korean won
The won is the currency of South Korea. A single won is divided into 100 jeon, the monetary subunit. The jeon is no longer used for everyday transactions, and appears only in foreign exchange rates...
in 2006.