Lion Chemtech is showing strong performance. This is interpreted as being influenced by the company's interview stating that it holds the number one market share for artificial marble in Russia and that reconstruction demand is expected after the war ends.
As of 10:43 AM on the 30th, Lion Chemtech is trading at 7,760 KRW, up 8.53% compared to the previous day.
Lion Chemtech is an eco-friendly chemical specialist company with excellent technology, ranking first domestically (4th globally) in synthetic wax and third domestically (4th globally) in artificial marble. Its sales composition is 70% artificial marble and 30% chemical materials.
Heewon Park, chairman of Lion Chemtech, said in an interview with a media outlet, "We hold the number one market share in Russia, so we expect significant reconstruction demand once the war ends." He also mentioned that local companies are establishing businesses in Poland to transport artificial marble to Russia.
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