Since our establishment in 1968, we, COSMO Chemical Co., Ltd., have been the only company in Korea that manufactures titanium dioxide anatase, the best white pigment in the 21st century. Based on the technology and knowhow that we have accumulated over the years, we have been producing products for various industries such as the fiber industry, food industry, and electronics industry, apart from our generic products.
In 2011, we started the production and supply of cobalt sulfate, one of the core materials of secondary batteries, which is considered the new growth engine of Korea. We expect our cobalt sulfate business to be not only our growth engine but also to make a great contribution to enhancing Korea's competitiveness in the global market by localizing the production and supply of cobalt sulfate, which, until recently, had been imported.
From 2014, we, COSMO Chemical Co., Ltd., was equipped with Plant of Titanium Dioxide Rutile type. In doing so, we will become an World-class level expert manufacturer and supplier not only of Titanium Dioxide Anatase-type but also of Titanium Dioxide Rutile type.
We, COSMO CHEMICAL CO., LTD, will strive to become an expert manufacturer in inoraganic chemistry field through lasting R&D and investing. In doing so, we will improve shareholder value with customers satisfaction and become expert chemicals company which is contributed development of state.
In the midst of today's rapidly changing corporate environment, All employee will try to build improved company through creativity and innovation. We sincerely commit to our customers and shareholders that we will continue to be a trustworthy, respectable, open company by practicing transparent and responsible management.