This was a dream materials only had in our imagination -Hyosung polykatone commercialized the world's first successful eco-friendly polymer material. Based on excellent physical properties and competitive parts industry to lead the world with the core material.

About HYOSUNG

Overview

Hyosung’s mission is “Enhancing and enriching the quality of life for humanity with its leading technology and management capability” Hyosung has a global network of over 70 operation centers of all over the world organized through 8 business centers. Hyosung is the global leader in some product categories such as tire cord, spandex, seatbelt yarns, and airbag fabric as well as transformers, ATM units. Hyosung is an integrated textile producer with nylon, polyester and fabric in addition to spandex/elastane. Textile business is an important part of Hyosung portfolio.

business area

business area image

HYOSUNG

  • Construction
  • Financing & Other Affiliated Companies
  • Chemicals
  • Industrial Materials
  • Textile
  • Power & Industrial Systems
  • Information & Communication
  • Trading

PP/DH

Packaging

Film

TPA

Neochem

Optical Film

POK Grade

History

  • 2020~Present

    • 2022

      Won King Sejong Award 2022
      Announced its support for TCFD in effort to cope with climate change
      Hyosung TNC Commercialized World’s First Bio-based Spandex

    • 2021

      Won 22nd 'Rewarding Veterans and Patriots Culture Award'
      Hyosung, Hyosung Advanced Materials received Carbon Management Honors Club and Carbon Management Sector Honors

    • 2020

      Hyosung Advanced Materials awarded the best grade by CDP for global efforts to cope with climate changes
      Certified anew as exemplary entity in provision of support for culture/arts
      Hyosung Heavy Industries built Korea’s first liquefied hydrogen station in Samcheok
      Hyosung Advanced Materials, Ulsan City signed MOU for investment in expansion of Aramid factory
      Signed MOU with the Linde Group for liquid hydrogen business

  • 2011~

    • 2019

      Hyosung Chemical held the 1st shareholders regular general meeting
      Hyosung Chemical held Corporate Day in Singapore and Hong Kong
      Hyosung ITX commercialized the AI Chatbot customer service center

    • 2018

      The holding company and 4 other companies were spun off
      Hyosung Advanced Materials established a new tire cord production corporation in Vietnam
      Hyosung R&D Business Labs acquired new technology certification for its brightness enhancement film
      Held the joint IR session Corporate Day

    • 2017

      Korean Red Cross Award for Best Honorary General
      Selection of best practices for the 2017 Energy and Greenhouse Gas Reduction Support Project
      Propane gas dehydrogenation catalyst process technology selected as the 14th industrial technology achievement in 2017

    • 2016

      The Industrial Machinery Performance PU developed the 15MW water-turbine generator
      POK Business Team acquired the automotive quality management system certification
      50th anniversary of Hyosung Group
      Operating profit in 2016 exceeded KRW1 trillion

    • 2015

      Acquired Best Family Friendly Management Certification in 2015
      Selected as ‘The Excellent supporter of Culture and Art’
      Established ‘Creative Economy Supporting Team’

    • 2014

      Won the 2014 Korea Technical Grand Prize for high performance carbon fiber TANSOME®
      Opened ‘Some Sevit’, the waterside cultural space at Han River
      Extended Spandex Factory in Vietnam

    • 2013

      World first POKETONE developed and commercialized.

    • 2012

      Power & Industrial Systems PG signed a contract for electrical power grid construction in Qatar
      Vietnam Smile Expedition won KPRA Korea PR Awards for its Global PR
      Company newsletter <HYOSUNG> won 'Chairman's Prize of Korea Clean Contents National Movement Association' in Company Newsletter of '2012 Korea Communication Awards'
      Tire & Industrial Reinforcement Materials PU completed construction of Thailand JV steel cord plant with SEI
      Nautilus Hyosung won the '2012 Red Dot Design Award'

    • 2011

      Built spandex plant in Brazil
      Developing the country’s first Carbon Fiber

  • 2000~

    • 2010

      Received Tower of Exports Order for $4 Billion in exports(The 47th Annual Trade Day)
      Built steel cord plant in Vietnam
      Signed agreement to build spandex plant in Brazil
      Signed contract to build electrical power grid in Qatar
      Participated in 2010 Shanghai Expo

    • 2009

      Declared the Hyosung Way
      Built aramid fiber plant
      Built TAC film plant
      Hyosung Capital merged with Star Lease Co., Ltd.
      Established Hyosung Toyota
      Hyosung R&DB Labs received Presidential Award for Merit of promotion of Science and Technology (Korea Industrial Technology Association)

    • 2008

      Built spandex plant in Turkey and Vietnam
      Acquired Chinhung International Inc.
      Built tire cord plant in Vietnam
      Built plant for Nantong Hyosung Transformer Co., Ltd. In China

    • 2007

      Founded subsidiaries in US and Brazil
      Acquired Dongguk Trade’s plant in Zhuhai
      Built spandex plants in Turkey
      Built tire cord plant in Vietnam

    • 2006

      Acquired China’s Nantong Transformers Co., Ltd
      Successfully developed Korea’s first wind turbine power generation system
      Selected as the ’Most Respectable Company’ for three consecutive years
      Built steel cord plant in Nanjing, China
      Acquired four plants from Goodyear

    • 2005

      Built nylon film plant in Jiaxing, China
      Built transformer plant for Baoding Hyosung Tianwei Transformer Co., Ltd. in China
      Built nylon film plant in Gumi

    • 2004

      Work for the spandex Plant in Zuhai, China completed.
      Work for the transformer Plant in Baoding, China completed.
      The Tire Cord Plant in Jiaxing, China completed.

    • 2003

      Hyosung Steelcord(Qingdao) Co., Ltd was established in Qingdao,China.
      Boading Hyosung Tianwei Transformer Co., Ltd was established in Huabei Province, China.
      The Class Hyosung, an import car sales corporation, was established.
      Hyosung Spandex(Guangdong) Co., Ltd was established in Guangdong Province, China.
      Hyosung Film(Jiaxing) Co., Ltd was established in Zhejiang Province, China.

    • 2002

      Hyosung Computer PU and Hyosung Data System were merged into Nautilus Hyosung Inc.
      Took over the tire cord Plant of Michelin in Scotsville, U.S.A.

    • 2001

      Adopted ERP.

    • 2000

      Tookover the Bridge Solution Group, Hongjin Data System and the Aegis Venture Group.
      Hyosung Spandex(Jiaxing) Co., Ltd was established in China.

  • 1990~

    • 1998

      Hyosung T&C, Hyosung Corporation, Hyosung Living Industry and Hyosung Industries consolidated into Hyosung Corporation
      Realigned organization into 5 Performance Groups and 31 Performance Units

    • 1997

      Established Hyosung EBARA Engineering Co., Ltd.
      Established Hyosung Finance Co., Ltd.

    • 1996

      Established Hyosung VINA in Vietnam
      Reached \1 trillion in sales
      Established the nylon film plant in Daejeon

    • 1995

      Completed the Daejeon Tile Carpet Plant
      Completed Gumi Plant II (fabric)
      Inaugurated 21st Century Committee, Second Wave Business Launch Committee

    • 1994

      Established Hyosung Information & Communications Co., Ltd.
      Completed the Jochiwon Plant

    • 1993

      Head office building moved to Kongduk-dong, Mapo-gu, Seoul

    • 1992

      Started producing spandex at Anyang Plant
      Completed Gumi Plant I (yarn)
      Completed Changwon Plant V (gear reducers)

    • 1990

      Completed the Yongyeon PP & Propylene plant
      $500 million in exports

  • 1980 ~

    • 1989

      Established Korea Engineering Plastics Co., Ltd.
      Established Hyosung EBARA Co., Ltd.
      Completed Changwon Plant IV (electric panel products)

    • 1988

      Established Resin Research Division

    • 1987

      Established Korea Engineering Plastics Co., Ltd.
      Acquired Wonmi Textile Industries Co., Ltd.
      Built 3rd plant in Changwon (rotary machines)

    • 1986

      Established Hyosung Hitachi Data Systems(currently Nautilus Hyosung)
      Founded training institutes

    • 1985

      Established Hyosung NAS Co., Ltd.(now Hyosung Information System Co., Ltd.)
      Built Anyang General Training Institute

    • 1984

      Merged Toplon Co., Ltd.
      Merged Hyosung Construction Co., Ltd.

    • 1983

      Established Electronic R&D Center

    • 1980

      Established Hyosung BASF Co., Ltd.
      Completed the Gumi Computer Plant

  • 1970 ~

    • 1975

      Acquired Hanyoung Industries Co., Ltd.

    • 1973

      Established Toplon Co., Ltd.
      Established Tongyang Polyester Co., Ltd.
      Established Tongyang Dyeing Co., Ltd.

    • 1971

      Established Research Institute

    • 1970

      Acquired Hanil Nylon Co., Ltd.

  • 1960 ~

    • 1968

      Completed the Ulsan Plant

    • 1967

      Completed the tire cord plant in Ulsan

    • 1966

      Established Tongyang Nylon Co., Ltd.