History
Introducing the shining moments of HS HYOSUNG's journey,
from numerous challenges and successes
to grow as a global leader.
- 2020~
Present -
- 2024
-
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 GLOBAL LOGISTICS VINA COMPANY, AND HS HYOSUNG USA HOLDINGS
- 2023
-
Hyosung Advanced Materials expanded its carbon fiber production facility with the 4th and 5th line at Jeonju Plant.
Hyosung Advanced Materials established a carbon fiber production corporation in Ba Ria-Vung Tau Province, Vietnam.
- 2022
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Hyosung Advanced Materials decided to establish a carbon fiber production corporation in Jiangsu Province, China.
- 2021
-
Hyosung Advanced Materials acquired 'Gold Medal' in EcoVadis 2021 Sustainability Assessment.
Hyosung Advanced Materials expanded its Aramid plant in Ulsan.
Hyosung Advanced Materials signed a long-term carbon fiber supply contract with Hanwha Solutions.
- 2020
-
Hyosung Advanced Materials expanded Carbon Fiber Production Line in Jeonju Plant.
The Class Hyosung signed an MOU with Citibank.
Hyosung Information Systems opened DX Center, a demonstration center for data center solutions.
- 2010~2019
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- 2019
-
Hyosung Advanced Materials won the '500 Million Dollar Export Tower' award at the 56th Trade Day.
- 2018
-
Hyosung split into a holding company (Hyosung Corporation) and 4 business companies: Hyosung TNC, Hyosung Heavy Industries, Hyosung Advanced Materials, and Hyosung Chemical.
Hyosung Advanced Materials established a new tire cord production subsidiary in Vietnam.
- 2016
-
Hyosung Group celebrated its 50th anniversary.
Completed the interior PU automotive carpet plant in Qingdao, China.
The operating profit in 2016 exceeded 1 trillion won, joining the 'Trillion Club.'
- 2015
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Selected as an 'Excellent Cultural Arts Sponsor' by the Ministry of Culture, Sports and Tourism.
Launched the Creative Economy Support Team (Jeonbuk)/Opened Jeonju Carbon Specialized Startup Incubation Center.
Hyosung and Jeollabuk-do launched a bus equipped with carbon fiber CNG tanks.
Hyosung Information Systems achieved No. 1 in the high-end storage market.
Acquired 2015 Family-Friendly Excellent Company certification.
Acquired Gwangju Ilbo.
- 2014
-
Hyosung Information Systems’ HDS was selected as the 'Best Supplier' in the '2014 Quality Award.’
The Class Hyosung opened a showroom in Cheonan.
High-performance carbon fiber TANSOME won the 2014 Korea Technology Award.
- 2013
-
Completed the Jeonju Carbon Fiber Plant and acquisition of ISO certification.
Launched the carbon fiber brand TANSOME®.
Tire Reinforcement PU acquired international carbon labeling certification.
- 2011
-
Announced successful carbon fiber development and investment plan.
Tire Reinforcement PU signed a $1.8 billion steel cord supply contract with Goodyear
(the largest in the steel cord industry).Acquired Global Safety Textiles (GST, the world's No. 1 airbag fabric manufacturer).
- 2010
-
Tire Reinforcement PU announced the establishment of steel cord joint ventures with Sumitomo Corporation in China and Thailand.
- 2000~2009
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- 2009
-
Completed construction of an aramid fiber plant.
Launched Hyosung Toyota.
- 2007
-
Constructed a tire cord factory in Vietnam.
The Class Hyosung ranked No. 1 in customer satisfaction for three consecutive years.
- 2006
-
Selected as the 'Most Respected Company' for three consecutive years.
Constructed a steel cord plant in Nanjing, China.
Held ceremony commemorating the 100th anniversary of the birth of Chairman Manwoo Hong-Je Cho.
Signed a $3.2 billion tire cord supply contract with Goodyear.
- 2005
-
Hyosung Information Systems received the Minister of Information and Communication Award.
Signed a long-term supply contract worth $650 million with Michelin and acquired a local plant.
- 2004
-
Completed the Jiaxing Tire Cord Plant in China.
Launched 'Ion-Free', an interior PU and PTT carpet.
Eonyang Plant acquired ISO/TS 16949:2002 certification
- 2003
-
Developed Nylon 66 airbag yarn.
Tire Reinforcement PU Ulsan Plant acquired ISO/TS 16949:2002 certification.
Established Hyosung Steel Wire Qingdao Co., Ltd. in Qingdao, China.
Established The Class Hyosung, an imported car sales subsidiary.
- 2002
-
Acquired Michelin's Scottsville Tire Cord Plant in the USA.
The tire cord sector concluded a long-term supply contract with Michelin.
- 2001
-
Developed and launched the world's first high-performance PTT carpet.
Hyosung Information Systems formed a strategic alliance with SUN for storage sales.
- 1990~1999
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- 1998
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Hyosung T&C, Hyosung Trading Company, Hyosung Living Industry and Hyosung Heavy Industries merged into Hyosung Corporation.
The Steel Cord Division acquired ISO 9001 certification.
- 1997
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Completed construction of the Cheongwon Household Carpet Factory.
The Chemical Fiber Division acquired ISO 9001 certification.
- 1996
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Changed the name of Tongyang Nylon to Hyosung T&C.
Changed the name of Tongyang Polyester to Hyosung Living Industry.
Hyosung Living Industry established Hyosung VINA in Vietnam.
- 1995
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Tongyang Nylon completed construction of the Daejeon Tile Carpet Factory.
- 1992
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Tongyang Nylon began full-scale production and sales of artificial turf for interior use.
- 1990
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Tongyang Nylon received the $500 Million Export Tower Award.
- 1980~1989
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- 1987
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Tongyang Nylon completed construction of the Eonyang Steel Cord Factory.
- 1986
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Hyosung NAS installed the first system in a public institution (Korea Electric Power Corporation) in 1986.
- 1985
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Established Hyosung NAS (currently Hyosung Information Systems).
Completed construction of Anyang Integrated Research Center.
- 1984
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Hyosung Group's founder, Chairman Hong-Je Cho, passed away.
- 1983
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First export of tire cord manufacturing technology to India.
- 1981
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Tongyang Nylon completed employee apartments at the Ulsan plant.
- 1966~1979
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- 1978
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Successful commercialization of Korea's first polyester tire cord fabric.
- 1977
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Developed BCF yarn for carpets.
- 1975
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Held completion ceremony of Tongyang Polyester's Ulsan plant.
- 1973
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Established Toplon Co., Ltd.
Established Tongyang Polyester Co., Ltd.
- 1971
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Established the Technology Research Institute.
- 1970
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Tongyang Nylon merged with Hanil Nylon Co., Ltd.
Tongyang Nylon began production of conveyor belt fabric at its Ulsan plant.
- 1968
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Tongyang Nylon held the completion ceremony of the Ulsan plant.
Started production of tire cord fabric.
- 1966
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Tongyang Nylon Corporation was established.
Tongyang Nylon completed construction of the tire cord factory at its Ulsan plant.