HYOSUNG CORP.

Company Introduction: HYOSUNG CORP.

Company Type:

HYOSUNG CORP. is a South Korean multinational conglomerate. It is primarily a manufacturer with extensive production facilities across various industries, and it also operates significant trading divisions. Therefore, it is best described as a large conglomerate with a strong manufacturing foundation and diverse business interests including manufacturing, trading, and services.

Detailed Company Introduction:

HYOSUNG CORP., also known as Hyosung Group, is a leading South Korean industrial conglomerate headquartered in Seoul, South Korea. Established in 1966, the company has grown into a global enterprise with a wide range of business divisions and subsidiaries.

Hyosung Group's operations span several key sectors, demonstrating its robust manufacturing capabilities and commitment to innovation. Its core businesses include:

1. Textiles: A global leader in high-performance textile materials, including spandex (Creora brand), nylon, and polyester. These materials are used in various applications from apparel to industrial products.

2. Industrial Materials: Produces critical components such as tire cords, steel cords, airbag fabrics, seatbelt yarns, and advanced materials like carbon fiber.

3. Chemicals: Manufactures a variety of chemical products, including polypropylene (PP), terephthalic acid (TPA), films, and engineering plastics.

4. Heavy Industries: Involved in power infrastructure (transformers, circuit breakers, motors), renewable energy (wind power systems), and industrial pumps.

5. Construction: Engages in civil engineering, industrial plant construction, and residential development.

6. Information & Communication: Provides IT solutions, including automated teller machines (ATMs) through Hyosung TNS, and various other IT services.

7. Trading: Facilitates global trade of various commodities, raw materials, and finished goods, leveraging its extensive international network.

With a strong emphasis on research and development, Hyosung continually strives to develop innovative products and technologies that address global market needs. The company operates numerous production facilities and sales offices worldwide, serving customers in over 100 countries. Its diversified portfolio and technological expertise underscore its position as a major player in global manufacturing and industry.

Here are the products that HYOSUNG CORP. of Korea manufactures or sells:

* **Chemicals:**

* Polypropylene (PP)

* Nylon

* Polyester

* Terephthalic Acid (TPA)

* Industrial Gases (Nitrogen, Oxygen, Argon, etc.)

* **Industrial Materials:**

* Tire Cord

* Steel Cord

* Technical Yarn

* Spandex (Creora)

* **Power & Industrial Systems:**

* Transformers

* Switchgears

* Motors

* Generators

* Energy Storage Systems (ESS)

* **Construction:**

* Apartments

* Commercial Buildings

* Civil Engineering Projects

* **Trading & Investment:**

* Steel

* Chemicals

* Machinery

* Various Commodities

* Investment in diverse sectors