Cork cambium forms tissues that form the cork

Cork cambium forms tissues that form the cork.Do you agree with this statement? Explain.

Yes, the cork cambium forms tissues that form cork. Cork cambium (phellogen) produces
new cells both on its outer surface and inner surface. The cells formed on the outer side differentiate into cork, also called phellem. Soon, its wall become suherised and living protoplasm dies. The empty cells get filled with tannins, alkaloids and air. The dead, suherised cell is called cork or phellem.