Description

Hyosung Corporation, a prominent South Korean conglomerate established in 1966 and headquartered in Seoul, maintains a significant international footprint through its diverse business operations. The company is actively involved in textiles, global trading, power and industrial systems, construction, industrial materials, chemicals, and information and communication technology (ICT). Its textile division is a key producer of spandex (marketed under the 'creora' brand), polyester, and nylon yarns, as well as various dyed products. It also supplies a wide array of fabrics for general apparel, workwear, and industrial uses, alongside specialized yarns, textiles, and cord materials critical for sectors like automotive, civil engineering, agriculture, and defense. In the trading sphere, Hyosung facilitates the export of steel and metal products and engages in chemical commerce. The power and industrial systems segment offers a comprehensive array of products and solutions, including advanced electrical infrastructure such as transformers, circuit breakers, shunt reactors, switchgears, STATCOM, and high-voltage direct current (HVDC) transmission products. This segment also provides turnkey solutions, condition monitoring, asset health management, power system maintenance and automation, and process automation. Further extending its industrial reach, Hyosung supplies motors, generators, energy storage systems, solar inverters and EPC services, and wind turbines, in addition to chemical equipment, filling stations, industrial gas systems, gearboxes, geared motors, specialized gear units, pumps, desalination systems, and welding machinery. The company's construction activities encompass civil engineering projects, general building, and residential development. Within its industrial materials and chemicals portfolio, Hyosung manufactures polypropylene (under the 'TOPILENE' brand), purified terephthalic acid, nylon and polyester films, optical films, polyketone (branded as 'POKETONE'), and various specialty gases including nitrogen trifluoride, F2/N2 mixtures, and fluorine gas. Finally, the ICT division delivers hardware and software services, business solutions for IT services and contact centers, and produces LED display systems, construction landscape lighting, and general LED lighting equipment, while also managing a financial platform.