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About Hyosung
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Global Excellence Hyosung

“Hyosung aim to create higher values for humankind”

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 a 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 the Hyosung portfolio.

business area

business area

Information & Communication
Trading
Industrial Materials
Textile
Spandex PU
Nylon Polyester Yarn PU
Fabric / Dyeing PU
Chemicals
Financing & Other Affiljated Companies
Constnudion
Power & Industrial Systems

2012 Business Performance of Hyosung

1. Current Status of Sales(USD) - 2011 Hyosung 10,235.6Million / 2012 Hyosung 11,191.7Million

Brief History

  • Hyosung is leading the world chemical fiber industry by producing and supplying yarns, textiles, and dyed products, based on its 40 years of production expertise.
  • We are working to enrich people’s lifestyles in the future, investing much of our efforts into cutting-edge businesses such as new renewable energy, electronic materials and high-tech materials
2011 ~
Present
2013 Expansion of spandex Vietnam plant
2012 Developing the country’s first Carbon Fiber
Power & Industrial Systems PG delivered the
first product of its solar inverter
2011 Spandex New Plant: Brazil
2000 ~ 2009 Built aramid fiber plant
2008 Spandex new plants : Turkey & Vietnam
2007 Spandex new plant : China
2004 Spandex new plant : China
2001 Launched spandex business in China
1990 ~ 1999 Expanded the Gumi Spandex Plant
1998 Consolidated 4 companies into Hyosung
Corporation
1994 Established Hyosung Information & communications Co.,Ltd
1992 Started spandex business
1990 $500 million in exports
1970 ~ 1984 Merged Hyosung Construction Co., Ltd
1977 Completed the Changwon Plant
1973 Established Toplon Co., Ltd.
Established Tonyang Polyester Co., Ltd
Established Tongyang Dyeing Co., Ltd
1971 Established Research Institute
1950 ~ 1967 Completed the tire cord plant in Ulsan
1966 Established Tongyang Nylon Co., Ltd