History

Awarded the 500 Million Export Tower Award during the 56th Trade Day Commemorative Ceremony

Completed a carbon fiber plant in Jeonju

Goodyear (the US) signs $3.2 billion long-term contract/acquires 4 production plants

Established Hyosung Chemical Fiber Jiaxing (Economic Development District, Jiaxing)

Became the world's first to commercialize top end PTT carpet

Completed production units for bead wire and steel cord within the Eonyang Plant

Became Korea's first to develop PET Tire cord

Became Korea's first to produce tire cord

2025 ~ 2011 2009 ~ 1993 1989 ~ 1966

Towards a global leader

Founded in the chemical fiber business, HS HYOSUNG ADVANCED MATERIALS has made relentless challenges and achievements to grow as a global leader.

2025 ~ 2011
  • 2025

    Completion of the HS HYOSUNG Vina Core Materials Co., Ltd. plant

  • 2024

    Awarded a Platinum Medal in the EcoVadis evaluation
    Included in the Dow Jones Sustainability Index (Korea) for two consecutive years
    Established a new holding company, HS HYOSUNG Corporation.
    Incorporated affiliates, including HS HYOSUNG ADVANCED MATERIALS, HS HYOSUNG INFORMATION SYSTEMS, HS HYOSUNG TOYOTA, HS HYOSUNG THE CLASS, HS HYOSUNG THE PREMIUM, HS HYOSUNG PREMIER MOTORS, HS HYOSUNG AUTOWORKS, HS HYOSUNG GLOBAL LOGISTICS VINA COMPANY, and HS HYOSUNG USA HOLDINGS

  • 2023

    Carbon fiber capacity expansion at the Jeonju plant
    Carbon fiber production subsidiary established in Ba Ria-Vung Tau, Vietnam

  • 2022.12

    Attained “EcoVadis Gold Rating”

    2022.11

    Received letter of commendation from the Minister of Trade

    2022.10

    Acquired ISCC PLUS with its eco-friendly materials

    2022.03

    Participated in BIS summit 2022 anti-corrupt

  • 2021.12

    Activated the expanded Aramid production line in the Ulsan factory

    2021.10

    Signed an agreement for sale of land, buildings, and ancillary structures in the Eonyang factory

    2021.05

    Decided to invest in carbon fiber production line expansion at the Jeonju factory

  • 2020.12

    Awarded the best grade by CDP for global efforts to cope with climate changes

    2020.11

    Daejeon Plant acquired ISO 14001 certificate

    2020.05

    Capacity expansion of the aramid production plant; signing of an investment agreement with Ulsan City Inauguration of Polyester Industrial Yarn Plant (Jiaxing, China)

  • 2019.12

    'Recognition as a corporate contributor to the local community; awarded a recognition plaque (selected by the Ministry of Health and Welfare and the Korea Association of Social Workers)
    Awarded the 500 Million Export Tower Award during the 56th Trade Day Commemorative Ceremony

    2019.08

    The Jeonju plant held a signing ceremony for the new investment agreement on carbon

    2019.04

    The Jeonju plant began the expansion of the carbon fiber production line.

  • 2018.12

    Received a commendation for excellent volunteer service in 2018 from the Seocho City Office

    2018.11

    Certified as the Best Family-Friendly Management of 2018 by the Ministry of Gender Equality and Family

    2018.08

    Expansion of carpet weaving capacity in Qingdao, China
    Held the joint corporate - IR session, “Corporate Day”
    Expansion of nylon Tire cord facilities in Vietnam

    2018.07

    HYOSUNG ADVANCED MATERIALS was listed on the KOSPI (July 13)

    2018.06

    HYOSUNG ADVANCED MATERIALS was established (June 1)

  • 2017.09

    Built a facility for production of yarns for carpets within the Ulsan Plant site
    Created an organization devoted to substantiation of smart factories Completed a new GST factory in Torreon, Mexico

    2017.06

    Established Smart factory in Vietnam factory

  • 2016.03

    Completed a factory for automotive carpets in Qingdao, China

  • 2015.12

    Opened an incubator for carbon startups within its Jeonju site

    2015.11

    Concluded an MOU with Jeonbuk on support for nurturing of specialty businesses

    2015.08

    Expanded its GST site in Romania

    2015.03

    Awarded a prize for innovation at JEC 2015, the world's largest fair for composite materials Launched a factory in Dong Nai, Vietnam

  • 2014.11

    Recognized at Korea's technology awards with TANSOME® and selected as a provider of one of Korea's top 10 new technologies

  • 2013.12

    Received an internationally accepted 'Carbon Balloon Labe
    Certificate' in tire reinforcement

    2013.05

    Completed a carbon fiber plant in Jeonju
    Commercialized high strength and intermediate modulus carbon fiber (TANSOME®) that it had developed first in Korea

    2013.04

    Completed a GST factory in Changshu, China

  • 2011.08

    Acquired a stake in Petite Textiles (GST)

    2011.06

    Became the first in Korea to develop high performance carbon fiber based on its proprietary technology
    Concluded a long-term agreement with Goodyear of U.S. on supply of steel cord worth $1.8 billion and acquired two production plants

Towards an industry leader

Founded in the chemical fiber business, HYOSUNG ADVANCED MATERIALS has made relentless challenges and achievements to grow as a global leader.

2009 ~ 1993
  • 2009.08

    Commercialized aramid yarn (ALKEX®)

    2009.03

    Launched a plant for automotive carpets in Decatur

  • 2007.07

    Launched a Tire cord plant in Vietnam

  • 2006.03

    Goodyear (the US) signs $3.2 billion long-term contract/acquires 4 production plants

  • 2005.07

    Michelin (the US) signs $650 million steel cord contract/acquires a production plant

    2005.05

    Completed the construction of a polyester industrial yarn plant (Jiaxing, China)

    2005.01

    Endorsed as a manufacturer of world class product of Korea with 'yarn for tire reinforcement'

  • 2004.12

    Tire & Industrial Reinforcements PU completed a steel cord plant in Qingdao, China

    2004.07

    Textile research institute and Technical Yarn PU became Korea's first to develop vinyl fiber PVA

    2004.05

    Hyosung Innotech PU developed S-GREEN, eco-friendly material for interior finishing

    2004.04

    Tire & Industrial Reinforcements PU completed a Tire cord plant in Jiaxing, China

  • 2003.12

    Developed PEN Tire cord
    Developed Lyocell Tire cord

    2003.10

    Established Hyosung Steel Cord Qingdao (Qingdao, China)

    2003.09

    The Ulsan Plant of Tire & Industrial Reinforcements PU became the first in Korea to receive ISO/TS 16949 : 2002 certificate

    2003.08

    Established Hyosung Chemical Fiber Jiaxing (Economic Development District, Jiaxing)

    2003.03

    Established the polyester industrial yarn production plant, Hyosung Luntai Lianzi Jiaxing (Jiaxing, China)
    Opened Hyosung Tire cord (Jiaxing) Co., Ltd. in Jiaxing

  • 2002.11

    Michelin (the US) signs $650 million steel cord contract/acquires a production plant

    2002.01

    Won an international patent lawsuit for tire reinforcement materials (vs. Honeywell)

  • 2001.05

    Became the world's first to commercialize top end PTT carpet and received IR52 Jang Young Sil Award for it

  • 2000.07

    Had the world's largest production capacity for PET Tire cord

  • 1997.08

    Concluded an agreement with Tokyo Rope of Japan on transfer of steel cord technology

  • 1996.06

    Became Korea's first to develop nylon yarn for airbags

    1996.02

    Started to supply automotive option mats for the entire Hyundai passenger car line-up

  • 1995.07

    Dongyang Nylon Co., Ltd. expanded its steel cord production to 2,500 tons per month through SS-2 project Developed and started producing high strength steel cord for trucks and buses
    Developed and started producing high strength steel cord for trucks and buses

    1995.03

    Completed a tile carpet plant in Daejeon

  • 1994.01

    Dongyang Nylon's central research institute developed a
    antimicrobial and deodorizing carpet

  • 1993.12

    Commercialized Nylon 66 Tire cord

Building a foundation for chemical fiber business

Founded in the chemical fiber business, HS HYOSUNG ADVANCED MATERIALS has made relentless challenges and achievements to grow as a global leader.

1989 ~ 1966
  • 1989.10

    Started production of polyester low shrinkage yarn and
    commercialized nylon high tenacity yarn

    1989.04

    Dongyang Nylon opened an office in Eonyang (currently Steel Wire Technical Center)

  • 1988.12

    Started export of option mats for automobiles to ITOCHU Corporation of Japan

  • 1987.12

    Sold over 100 billion won of Tire cord a year

    1987.05

    Started production and sale of steel cord

    1987.04

    Completed production units for bead wire and steel cord within the Eonyang Plant

  • 1986.11

    Obtained quality assurance Q-Mark for Swan Carpet (from FITI Testing and Research Institute)

    1986.03

    Signed a technical alliance agreement for steel cord manufacturing with Okikuni Steel (Japan)

  • 1983.10

    Exported Tire cord fabric manufacturing technology (to India)

    1983.06

    Achieved quality certification for high-strength bead wire (from US companies including Goodyear, Firestone, Goodrich)

    1983.02

    Dongyang Nylon completed production facility for BCF carpet

  • 1980.11

    Developed industrial yarns including yarns for tarpaulin and sewing thread

    1980.08

    Attained quality certification for bead wire (from US companies Firestone, General Tire)

  • 1979.04

    Started steel wire business for tire reinforcement

    1979.02

    Became Korea's first to commercialize PET Tire cord

  • 1978.10

    Became Korea's first to develop PET Tire cord

  • 1977.07

    Became Korea's first to develop BCF yarn for carpets

  • 1976.04

    Received quality certification from Goodyear

  • 1975.04

    Received quality certification from General Tire, Goodrich and Yokohama

  • 1974.07

    Dongyang Nylon received quality certification for its Tire cord from Firestone

  • 1973.06

    Independently achieved world-class production of high-strength Tire cord yarn through proprietary technology

  • 1972.09

    Southeast Asia became the first destination for the company to export its Tire cord

  • 1968.06

    Became Korea's first to produce Tire cord

  • 1966.05

    Completed a Tire cord plant in Ulsan