[Market Focus] Aekyung Chemical Soars Over 20% on "TPC Localization" News
The share price of Aekyung Chemical is showing a strong surge of over 20% on the domestic stock market on the morning of March 27, 2026.
As of 9:48 a.m. on this day, Aekyung Chemical was trading at 11,170 won, up 20.11% compared to the previous session. The opening price even reached 11,230 won.
This is interpreted as a response to the news that Aekyung Chemical completed a mass production facility for TPC (Terephthaloyl Chloride), a key raw material for aramid fiber, thereby becoming the first company in Korea to successfully localize its production. As a result, the stock price also soared by more than 10% in after-hours trading the previous day.
Aramid is lighter and stronger than steel and is flame-retardant, earning it the nickname "super fiber." It is used in high-strength and high-heat-resistance industries such as fire protection suits, the aerospace industry, electric vehicle tire cords, and optical cables.
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The newly completed TPC mass production facility has an annual capacity of 15,000 tons. Aekyung Chemical stated, "We plan to consider expanding production in phases in line with the growth of the aramid market and the increasing trend in demand going forward."
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