| QTA demand has been increased
continuously since 1990 because
we have supplied to customers
domestic and abroad of good quality
at lower price based on strong
cost competitiveness. To meet
increased demand, we have increased
our producing capacity through
debottlenecking and expansion
and currently, we produce 1.3
million tons of QTA per year.
Market share for QTA in domestic
market was 11.4% in 1990 and
that had been increased as 16.9%
in 1998 even there was Asian
financial crisis occurred. That
was because we practiced a customer
oriented management through
regular technical A/S and strict
quality control and strong cost
competitiveness. Accordingly,
market share of QTA extended
to 24% in 2003
Foreign demands also started
to be increased as noticing
cost merit of QTA, therefore
30,000 tons of QTA export volume
in 1999 had been dramatically
increased to 300,000 tons in
2003. Within just 4 years ,
QTA export volume had been increased
as ten times.
The export volume is expected
to be more than 500,000 tons
in 2004.
Samnam is contributing to national
economic development by uplifting
cost competitiveness of domestic
polyester fiber industry and
acquiring foreign currency with
increased export volume through
continuous efforts of improvement.
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