Tranche Update on Aekyung Petrochemical Co., Ltd's Equity Buyback Plan announced on March 14, 2017.
May 18, 2017 at 07:50 am
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From April 1, 2017 to May 12, 2017, the company has repurchased 317,680 shares, representing 1% for KRW 3,878.89 million. With this, the company has completed the repurchase of 460,000 shares, representing 1.44% for KRW 5,494.65 million under the buyback announced on March 14, 2017.
AekyungChemical Co Ltd formerly Aekyung Petrochemical Co Ltd is a Korea-based company mainly engaged in the petrochemical business. The Companyâs products portfolio consists of phthalic anhydrides, which are used as phthalate plasticizers, unsaturated polyester resins and dye intermediates; maleic anhydrides, which are used for unsaturated polyester resins for housing units and automobiles, fumaric acids for food and succinic acid; itaconic acids, which are produced through the fermentation of sugar millets or starches; plasticizers, which are organic ester compounds used for leathers, seats, polyvinyl chloride (PVC) films and electrical wires, and ester polyols. It also involves in the provision of alcohols and messaging services. The Company distributes its products within domestic market and to overseas markets.
AEKYUNGCHEMICAL CO., LTD. 
