Date: 26 December 2006
Mr. Won-Gil Choe, president of TTCM China, Inc., gave an interview to update the current status of the company.
In the interview, Mr. Choe discussed the background of TTCM China's business and recent developments stemming from the company's strategic focus on not only Northern China but also the more rapidly growing Southern and Southeastern regions of the country. Founded in 1995 in Tianjin, China, TTCM's core business is manufacturing and installing glass-reinforced composite high pressure fiber plastic pipes, in diameters ranging of 4.6 feet to 11.8 feet, including fittings and related parts.
The company has developed a proprietary manufacturing process based on micro-emulsification technology that was developed at Harbin Industrial University that produces products with strength to weight ratios at 1/4 the weight of equivalent metal products and 1/8 that of equivalent concrete products.
Mr. Choe explained that with the sustained economic growth and industrialization of the world's most populous country, tremendous strain has been placed on the country's infrastructure, especially in water delivery, sewers and flood control systems where the company's products are needed.
He pointed out the growing demand for TTCM's products, and also highlighted some of the company's latest successes, such as the recently announced $12.9 million dollar order, adding to TTCM China's already impressive backlog of orders exceeding $24.5 million as of December 31, 2005.
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