Huchems Fine Chemical Corporation [069260.KS] Stock Forecast

TKG Huchems Co.,Ltd. manufactures and sells fine and basic chemical products in South Korea and internationally. It operates through Chemical and Environment-Friendly divisions. Its fine chemicals comprise DNT, a raw material of TDI for use in polyurethanes and explosives, as well as serves as a base material for styrofoam, plastic, and synthetic leather applications; and mononitrobenzene, a raw material of MDI and polyurethanes, which is used as a material for auto interior/exterior applications, as well as a base material in making of artificial timber, insulation in electrical equipment, construction materials, packaging material, and synthetic leather. The company's fine chemical products also include dilute nitric acid for use in metallurgy, concentrated nitric acid, ammonium nitrate, polyurethane, etc., as well as for textile dyes and pigments; and concentrated nitric acid that is used in explosives, decolorizing agents, DNT, medicines, etc., as well as for use as synthetic fiber raw material; and ammonium nitrate as a raw material for explosives, and gas for semiconductors and medical gas. In addition, it offers methanol, which is used to produce MTBE for fuel oil or denatured alcohol and for materials synthesis of formaldehyde; urea for industry for use in resins, paints, feeds, synthetic detergents, wastewater treatments, dyes, etc., as well as for producing adhesives; and ammonia to produce fertilizers, caprolactam, nitric acid, ammoniation of rice straw and refrigerants, and ammonia as a patent medicine and flavor producing material. The company is also involved in the clean development mechanism project business; and provision of urea solutions. The company was formerly known as Huchems Fine Chemical Corporation and changed its name to TKG Huchems Co.,Ltd. in March 2022. TKG Huchems Co.,Ltd. was founded in 2002 and is headquartered in Seoul, South Korea.