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Brief History

The footsteps of a company that is well on its way to global success

Brief History

Our History

  • HYOSUNG TNC_
  • HYOSUNG TNC_
  • HYOSUNG TNC_
Previous

Sustainable Growth2010 ~ Present

  • 2022
    November
    Get “BBB” grade in MSCI ESG Ratings
    August
    developed bio-derived spandex, ‘creora® bio-based’, and obtained a global eco-friendly certification
  • 2021
    December
    Joined the rank of businesses posting KRW 1 trillion in operating profit
    October
    Engaged in joint project for eco-friendly beaches with Jeju City
    August
    Took part in the project for recycling used fishing nets jointly with the Jeollanam-do Provincial Government
    June
    Received the Environmental Grand Prize from Seoul Metropolitan Government
    May
    Signed an MOU with Busan Metropolitan Government for a resource cycling project
    April
    Signed an MOU with the Yeosu Port Authority for a resource cycling project
    January
    TextileMOU Execution with the SMG to Promote the “Regen Seoul” Project.
  • 2020
    September
    TextileJointly with Andar introduces athletic leisure masks to the market.
    April
    TextileSigned an MOU with MOE, Jeju Province for the establishment of a resources circulation system.
  • 2019
    August
    TextileParticipated in "Preview in SEOUL"
    July
    TextileEstablished a Production Technology Center
    April
    Textileparticipates in SaigonTex 2019
    March
    TradingThe Class Hyosung signed an MoU with Citibank
    Textileparticipated in 2019 Daegu International Textile Fair (PID, Preview in Daegu)
    February
    Textileparticipated in 2020 S/S Première Vision
  • 2018
    September
    TextileJoined Intertextile Shanghai 2018, the world's largest textile expo
    TextileFive plants in China and Vietnam introduced a smart factory system
    TextileJoined Bluezone Expo in Munich, Germany
    August
    TextileFour companies of the Hyosung Group jointly hosted the IR session "Corporate Day"
    July
    TextileJoined Paris Mode City Interfilere 2018
    June
    TextileJoined Annex 2018, the world's largest felt expo
    TextileHyosung T&C was launched (June 1)
    April
    TextileJoined Indo Intertex exhibition
    TextileParticipated for the first time in Vietnam Saigon Textile & Garment Industry Expo 2018
    March
    TextileHosted the 2019 F/W Trend Workshop
    TextileOrganized Creora Workshop for the Asian region
    TextileSigned the MOU with Vietnamese fashion company Fashion Star to launch a sportswear business
    TextileJoined the Daegu International Textile Fair
    TradingThe Trading Unit began the first export of the fertilizer produced by Vietnamese fertilizer factory Hu Chems KVF
    January
    TextileBrazilian Corporation joined 2018 Columbia Tex
    TextileGumi Plant won the presidential award for contributing to the creation of a healthy labor-management culture
    TextileAdditional construction of Hyosung Quzhou spandex Plant
  • 2017
    July
    TextileAdditional construction of Hyosung Dong Nai spandex Plant
    March
    TextileEstablishment of Hyosung Quzhou spandex Plant
  • 2016
    July
    TextileProduct entry of new creora product ‘creora® Fresh’, in world’s largest lingerie and swimming suits exhibition ‘Lyon Mode City&Interfilière’
  • 2015
    August
    TextileParticipation in ‘ANEX 2015’, world’s biggest non-woven yarn exhibition
    May
    TextileAdditional construction of Hyosung Dong Nai spandex Plant
    April
    TextileParticipation in Intertex(INDO Intertex, fiber and garment expo in Indonesia)
  • 2014
    Octorber
    TradingThree shining islands’ Sebitseom Opening Ceremony held
    April
    Textilespandex brand for diapers, ‘creora® comfort’ launch at ‘INDEX 2014’
    March
    Textile‘creora® workshop’ an event proposing fabric development methods and new fashion trends held for main clients in Asia
  • 2013
    December
    Textilespandex PU Gumi Plant obtains Korea’s first-ever ISO/TS 29001 certification
  • 2012
    July
    Textile20th year anniversary of creora since its launch held in world’s largest lingerie and swimming suits exhibition ‘Paris Mode City/Interfilière’
    March
    TextileFiber PG launches various functional, environment-friendly products in ‘2012 Preview in Daegu(PID)’
  • 2011
    December
    Textilespandex fiber creora and polyester fiber askin selected ‘World’s Top Products’ by the Ministry of Knowledge Economy
    September
    Textilespandex PU, completes construction of spandex Plant in Santa Catarina located in the South of Brazil
    May
    TradingOpening of world’s largest man-made island ‘Sebit Dungdungseom’ on the Han River
  • 2010
    November
    TradingAwarded ‘4 Billion US Dollar Export Tower’ on the 47th Day of Export Award Ceremony
  • HYOSUNG TNC_
  • HYOSUNG TNC_
Previous

Advancement of Business2000 ~ 2009

  • 2009
    February
    TextileFabric Dyeing PU participates in Paris Premiere Vision
    January
    TextileNew polyester fiber ‘Xanadu’ selected as world-class product
  • 2008
    May
    TextileIndustrial high-tenacity PET fiber receives Jang Young-sil Award – World’s first development and commercialization of industrial PET fiber
    January
    TextileFiber PG launches recyclable polyester thread ‘Regen’
    TextileWinner of 3 awards as leader of market share in the fiber sector(as of 2006) selected by Ministry of Commerce Industry and Energy
  • 2007
    November
    TextileRecyclable fiber ‘MIPAN Regen’ launched
    June
    Textilespandex PU awarded in Kimberley Clark’s Key Suppliers Awards
    TradingLocal corporate body Hyosung Vietnam Co. Ltd. founded in Dong Nai province, near Ho Chi Minh City
    April
    TextileEstablishment of Hyosung Istanbul Textile
    January
    TextileAcquisition of Dongguk Trading’s spandex Plant in Zhuhai, Guandong province in China with an annual production capacity of 6,000 tons
  • 2006
    December
    TextileSelected ‘The 2nd Certified New Technology’ by the Korea Industrial Technology Association
    November
    TradingOfficial launch of Hyosung’s online gaming business, Hyosung CTX
    June
    TextileNylon Fiber PU develops PET high tenacity textile thread
    January
    TextileNylon Fiber PU develops new product MIPAN Colorist and MIPAN Colormax
  • 2005
    August
    TextilePolyester Fiber PU obtains ISO 9001, ISO 14001 certifications
    April
    TextileFiber PG receives Top Award for ‘Korea Fiber Material Quality Awards’ in the synthetic fiber sector
  • 2004
    November
    TextileHyosung Guangdong Anryun Co. Ltd., builds spandex manufacturing plant with annual production capacity of 18,000 tons
    September
    Textilespandex PU builds spandex plant in Zhuhai, China
    July
    TextileLaunch of ‘Zenio’, a new clothing material developed from Nylon-66 thread
    May
    TradingThe Class Hyosung opens ‘Mercedes-Benz Tower’
    April
    TextilePolyester Fiber PU receives Top Award for synthetic fiber in '2004 Korean Fiber Material Quality Awards’
  • 2003
    December
    TradingThe Class Hyosung launches operation as autonomous corporate body in Tradings PG
    November
    TextileFiber Research Institute develops antimicrobial spandex•chlorine-resistant spandex•latent & potential crimped yarn nylon
    TextileFiber PG launches health-shirt made of anti-bacterial fiber ‘For Doctor’
    TextileFiber Research Institute develops ‘Mipan Nano Magic Silver’, the first fiber made via nanotechnology in Korea
    August
    TextileAdditional construction of spandex plant in Jiaxing, China(C-2)
    June
    TextileNylon Fiber PU develops Korea’s first-ever nylon thread for airbags
  • 2002
    December
    TextileFiber PG receives ‘Korea’s Top 10 New Technology Award’ for microfiber M3・M2
    TextileFiber Research Institute develops hydrophilic fast-drying nylon fiber・anti-bacteria fiber
    July
    TradingTrading PG and Steel PU enter long-term supply contract for stainless steel with YIEH HSING, Taiwan
    TradingHyosung Corporation enters dealership agreement for Seoul region with Mercedes-Benz Korea
    May
    TextileFiber1 PG and spandex PU prove high quality of creora in materials quality testing in FILA
    April
    TextilePET Fiber PU, ‘aerocool’ selected ‘World-Class Product’ by the Ministry of Commerce Industry and Energy
  • 2001
    November
    TextileLocal corporate body Hyosung Chemical Fiber Jiaxing Co. Ltd., established
    TextilespandexPU completes spandex plant in Jiaxing, China(C-1)
    September
    TextileNylon products obtain European environment-friendly trademark ‘Oeko-tex Standard 100’, European
    August
    TextileFiber Research Institute receives Top Korean Fiber Material Quality Award in ultra-microfiber sector and glow yarn sector
    April
    TextileNylon Fiber PU develops glow-in-the-dark nylon yarn ‘MIPAN Lumax’
  • 2000
    December
    TextileFiber Research Institute receives Prime Minister Award as an excellent business research institute
    July
    TextileFiber Research Institute receives Prime Minister Award as an excellent business research institute
    March
    TextileFiber Research Institute receives Prime Minister Award as an excellent business research institute
    January
    TextileNylon Fiber PU develops Korea’s first-ever nylon cotton yarn
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  • HYOSUNG TNC_
Previous

Early Growth of Business1973 ~ 1999

  • 1999
    September
    TextileFiber PG finalizes spandex BI operations – decides on brand ‘creora®’ for spandex chemical fiber product
    TextileFiber PG finalizes spandex BI operations – decides on brand ‘creora®’ for spandex chemical fiber product
    June
    TextileFiber PG attempts ‘CS(Customer Satisfaction) Mark’ system
    March
    TextileFiber PG succeeds in building hydrophilic fast-drying polyester fiber product ‘aerocool’
  • 1998
    September
    TextileWorld’s first-ever development of ‘Nylon Filament Fiber’
    TextileHyosung T&C develops the world’s second 0.3 denier microfiber
    July
    TextileHyosung T&C Central Research Institute, ‘IR 52 Jang Young-sil Award’ for low-melting-point yarn
    April
    TextileNylon Fiber PU newly constructs ‘Fiber MDC(Marketing Development Center)’
    March
    TextileHyosung T&C launches ‘T&C LINE’, first-ever electronic company newspaper in the industry
    January
    TradingChemicals PU enters long-term agreement to supply PTA with INCAi CO., Italy
  • 1997
    Octorber
    TextileHyosung Life Industry holds Vietnam fabric plant completion ceremony
    May
    TextileHyosung T&C Central Research Institute receives ‘IR-52 Jang Young-sil Award’ for BiAx-Super
    February
    TextileHyosung Life Industry begins operation of Seongseo Dyeing Plant
    TradingHyosung Trading invests to become a stakeholder for oil production business in Oman
    January
    TradingHyosung Trading establishes Hyosung Transworld Co. Ltd.
    TextileHyosung T&C succeeds in industrializing spandex
    TextileHyosung T&C publishes
  • 1996
    November
    TradingHome Appliances Team of Hyosung Trading Chemical Materials Business Department enters exclusive sales partnership in Korea with Electrolux, Sweden
    TextileTongyang Nylon, 30th-anniversary ceremony and new company name announcement event
    Octorber
    TradingHyosung Trading begins construction of coil processing center in Zhangjiagang, China
    June
    TradingHyosung Trading acquires Sebo Cold-Storage, enters the cold-storage industry
    April
    TextileTongyang Nylon newly opens Distribution Business Team, launches operations as ‘Hyosung Distribution’
    TextileTongyang Polyester obtains ISO 9001 Certification for the first time in Korean chemical fiber industry
    January
    TradingHyosung Trading succeeds in black coal mine development in Australia
    TradingHyosung Trading newly opens offices in Sendai, Japan and Manila, Philippines
  • 1995
    December
    TradingHyosung Trading establishes Hyosung Chaneum Co. Ltd. in Beijing
    September
    TextileTongyang Nylon Central Research Institute develops 10,000mm breathable waterproof fabric ‘BiAx-Super’
    July
    TextileTongyang Nylon Central Research Institute receives ‘IR-52 Jang Young-sil Award’ for NY microfiber product
    February
    TradingHyosung Trading awarded ‘400 Million US Dollar Export Tower’ for fiber fabric
    TextileTongyang Nylon, additional construction of spandex plant(Q-3 Project)
  • 1994
    December
    TextileTongyang Nylon Central Research Institute develops 0.5 denier-level microfiber, 1.5~2 denier-level nylon S/F, PET DSP-10
    September
    TextileTongyang Nylon Ulsan Plant engages in renovation start-up of ACE-Beam Machines(#35)
    August
    TextileTongyang Nylon∙Tongyang Polyester Gumi Plant begin official operation of polymerization sector
    TradingHyosung Trading opens 2nd Volkswagen/Audi exhibition center in Hyosung Building, Seosomun-dong
    July
    TradingHyosung Trading, first-time automobile export to China
  • 1993
    November
    TradingHyosung Trading receives ‘Order of Industrial Service Merit Gold Tower’ on 30th Day of Export
    TradingHyosung Trading establishes office in Bombay, India
    TextileTongyang Nylon publishes <25 Years in the History of Tongyang Nylon>
    July
    TradingHyosung Trading newly opens offices in Chongqing∙Cheongdo County, China and São Paulo, Brazil
    TradingHyosung Trading wins contract to supply hard coal from China to POSCO
    June
    TextileTongyang Nylon, additional spandex plant construction(Q-2 Project)
    March
    TextileTongyang Nylon Ulsan Plant begins start-up project X-5(complex fiber)
    January
    TextileTongyang Nylon Ulsan Plant begins start-up project X-5(complex fiber)
  • 1992
    December
    TradingHyosung Trading opens office in Kuala Lumpur, Malaysia
    TextileTongyang Nylon Anyang Plant begins spandex production(daily polymerization quantity; 1 ton, daily spinning quantity; 0.4 tons)
    September
    TextileTongyang Polyester completes construction of Gumi Automation Plant
    July
    TradingHyosung Trading newly opens Guangzhou office in China
    TextileTongyang Polyester awarded ‘IR52 Jang Young-sil Prize’ for developing new material MORIK
    March
    TextileTongyang Nylon Anyang Plant completes construction of spandex plant(Q-1 Project)
    TradingHyosung Trading newly opens Dalian office in China
    February
    TradingHyosung Trading newly opens Hanoi office in Vietnam
    TextileTongyang Nylon establishes Lanka Synthetic Fiber Company(LSFC)
  • 1991
    December
    TextileTongyang Nylon Ulsan Plant completes Top Star-5 Project
    November
    TextileTongyang Nylon signs merger and acquisition agreement of Sri Lanka CPC Nylon Plant with Sri Lankan government
    September
    TradingHyosung Trading establishes joint investment venture Korea Coal Pty. Ltd. in Sydney, Australia
    August
    TextileTongyang Nylon Anyang Plant begins construction of spandex plant
    May
    TradingHyosung Trading participates in developing black coal mines in Australia
    April
    TextileTongyang Nylon Ulsan Plant completes X-4 Project
    February
    TradingHyosung Trading, new establishment of Istanbul office in Trkiye
    TradingHyosung Trading, establishment of Ho Chi Minh City office in Vietnam
    January
    TradingHyosung Trading, new establishment of Moscow office in Russia
  • 1990
    November
    TextileTongyang Nylon awarded ‘500 Million US Dollar Export Tower’
    TradingHyosung Trading supplies phosphate rock from China for the first time in Korea to Jinhae Chemicals
    TradingHyosung Trading exports fertilizer produced in the Philippines to Sri Lanka(first-ever integrated trade of the three countries)
    Octorber
    TradingHyosung Trading opens Fukuoka office in Japan
    July
    TextileTongyang Nylon begins direct exports of brand ‘TOPLON’
    May
    TextileTongyang Nylon enters operating in the spandex market
    April
    TextileTongyang Polyester begins manufacturing RE-V chip for polymerized bottle production
    March
    TextileTongyang Nylon completes construction of Polyurethane Resin Plant
    February
    TradingHyosung Trading, establishment of Warsaw office in Poland
    January
    TradingHyosung Trading, establishment and operation of Overseas Headquarters
  • 1989
    December
    TextileTongyang Nylon Central Research Institute develops NY T/C new insulation material, NY microfiber(0.2d) ski wear fabric
    Octorber
    TradingHyosung Trading, EURO CP issue via internal credit
    September
    TradingHyosung Trading establishes Kaohsiung City office in Taiwan and Mexico office
    July
    TradingHyosung Trading establishes Shanghai ∙ Milano office
    TextileTongyang Nylon Ulsan Plant completes Top Star-3 Project(Implementation of automation facility Auto Doffer)
    February
    TradingHyosung Trading, first-ever pioneer of direct route connecting North and South Korea, 44 years since the nation’s division
    January
    TradingHyosung Trading, new establishment of Dubai office
  • 1988
    December
    TextileTongyang Nylon Central Research Institute develops nylon POY processor∙Fine Star•magnetic ingredient, silver fabric suede
    TradingHyosung Trading enters exclusive import agreement of agricultural and mineral products
    Octorber
    TradingHyosung Trading, establishment of Beijing office
    TextileTongyang Nylon Central Research Institute establishes Ulsan branch office
    February
    TextileTongyang Nylon acquires Wonmi Textile Industries Co., Ltd.
    TradingHyosung Trading opens Audi/Volkswagen Exhibition Center(Nonhyeon-dong, Gangnam-gu)
    January
    TextileTongyang Polyester, establishment of RE-V Ulsan Plant 2
  • 1987
    Octorber
    TextileTongyang Nylon succeeds in localizing Nylon-66 resin, implements dual-production system
    September
    TextileTongyang Polyester closes down Daegu Plant
    August
    TradingHyosung Trading issues its first global CP(commercial paper) worth $40 million in New York
    TradingHyosung Trading, establishment of Toronto office in Canada
    TradingHyosung Trading achieves accumulated exports of $1 billion
    January
    TextileTongyang Nylon begins operation of Ulsan Plant Top Star-1 Project
  • 1986
    December
    TextileTongyang Nylon Central Research Institute develops ultra-thin suedeㆍinsulation fabric
    June
    TextileTongyang Polyester, ceremony of additional construction of Ulsan Plant BOQ
    February
    TextileTongyang Polyester begins hygroscopic fiber production
    January
    TextileTongyang Nylon begins construction of Ulsan Plant Top Star Project
  • 1985
    Octorber
    TradingHyosung Trading enters dealership agreement with Volkswagen AㆍG
    September
    TextileTongyang Nylon, partial relocation of headquarters into Anyang Research Complex
    March
    TextileTongyang Nylon Anyang Plant completes Titania-85 Project
  • 1984
    November
    TextileTongyang Nylon receives best productivity award
    August
    TextileTongyang Research Institute receives ‘new material development contribution award’ for developing hygroscopic and hydrophilic fiber
    TextileTongyang Nylon Ulsan Plant begins production of complex fiber production(X-Ⅰproject), developing nylon high tenacity textile thread
    June
    TextileTongyang Nylon completes X-I Project with own unique technology X(industrialization of 0.1 denier-level ultra-microfiber)
    April
    TradingHyosung Trading merger and acquisition of Singal Tourism Development Co. Ltd. • Tongyang Industry Co. Ltd. • Seoul Building Co. Ltd.
    February
    TextileTongyang Nylon acquires Toplon Co. Ltd. and re-launches it as Fabric Business Department
  • 1983
    December
    TextileTongyang Nylon Technology Research Institute develops breathable waterproof fabric(BIAX)ㆍartificial suede(Suede)
    June
    TextileTongyang Polyester, Operation of DY-Ⅲ Project(spinning improved to 8end, additional establishment of 3 D/T)
    TradingHyosung Trading improves financial structure and signs M&A contract for related subsidiaries(Gyeongnam Development Promotion Co. Ltd.)
    TradingHyosung Development Co. Ltd., Hyosung Oil Co. Ltd., Singal Tourism Development Co. Ltd., Tongyang Industry Co. Ltd., Seoul Building Co. Ltd.
    March
    TextileToplon Co. Ltd. integrates management with Tongyang Nylon
  • 1982
    December
    TextileTongyang Nylon Technology Research Institute completes construction of pilot section of fiberㆍresin
    Octorber
    TextileTongyang Nylon Anyang Plant completes construction of Titania Power Plant
    May
    TextileTongyang Polyester completes Ulsan Plant Welfare Center
    April
    TradingHyosung Trading wins buying rights of Bunker C Oil for KEPCO power plant
    March
    TradingHyosung Trading, inauguration of President S. R. Cho
    TradingHyosung Trading opens Riyadh office
  • 1981
    December
    TextileTongyang Polyester awarded ’100 Million US Dollar Export Tower’
    November
    TextileTongyang Nylon Ulsan Plant completes construction of employee housing apartments
    April
    TextileTongyang Nylon Eonyang Plant installs a Waterjet Room
    February
    TradingHyosung Trading implements information monitor systems for the first time in the Korean trading industry
  • 1980
    July
    TextileTongyang Nylon Anyang Plant selected excellent company in safety control
    TextileWonmi Fiber obtains KS label approval in shirts sector for the first time in Korea
    February
    TextileTongyang Nylon, inauguration of President Song In-sang
    January
    TextileTongyang Nylon develops Technology Research Institute NSY
  • 1979
    November
    TradingHyosung Trading awarded ‘500 million US Dollar Export Tower’
    TextileTongyang Nylon awarded Top Award for Quality Control
    August
    TradingHyosung Trading converts Hong Kong office into an autonomous local corporate body
    TextileTongyang Nylon completes Pilot Weaving Plant
    May
    TradingHyosung Trading launches Yacht number 1 in Incheon Yacht Plant
    April
    TradingHyosung Trading relocates headquarters to 17-7 Dongseong Building, 4-ga Namdaemun-ro, Jung-gu
    TextileTongyang Nylon completes construction of Eonyang Fabric Plant
    January
    TextileTongyang Nylon completes construction of Eonyang Fabric Plant
    TextileTOPLON Co. Ltd. celebrates completion of Eonyang Plant
  • 1978
    November
    TradingHyosung Trading awarded ’300 million US Dollar Export Tower’ on 15th Day of Export
    TextileTongyang Polyester awarded ‘Order of Industrial Service Merit’
    TextileTongyang Nylon receives top award for quality control and gold & bronze medal for industry standardization with TQC performance results
    Octorber
    TradingHyosung Trading invests to build Hyosung Oil Co. Ltd.
    TextileTongyang Nylon opens ‘TOPLON Technology Service Center
    July
    TradingHyosung Trading establishes Stockholm office
    May
    TextileTongyang Nylon Technology Research Institute develops Slub fiber for medical products
    February
    TextileTongyang Nylon appoints Vice President Lee Yong-cheol・President Bae Gi-eun
  • 1977
    December
    TextileWonmi Fiber forms partnership with Manhattan Industries, Inc. US to share brands and technology. Becomes biggest shirt-specialized manufacturer in Korea
    TradingHyosung Trading establishes Colombo office in Sri Lanka for the first time in the history of Korean general trading industry
    November
    TradingHyosung Trading awarded ‘100 million US Dollar Export Tower’ on 14th Day of Export
    September
    TextileTongyang Polyester headquarters relocate to Hyosung Building 2 in 21-1 Seosomun-dong, Jung-gu, Seoul
    TradingHyosung Trading relocates its headquarters to Hyosung Building 2 in Seosomun-dong
    June
    TradingHyosung Trading goes public
    March
    TextileTongyang Nylon completes construction of the 2nd Complex for Collaboration in Exports(located in Gumi Industrial Complex, Seonsan-gun, Gyeongbuk Province)
    February
    TradingHyosung Trading establishes Cairo Branch in Egypt
    January
    TextileTongyang Nylon confirms implementation of TQC system
  • 1976
    November
    TradingHyosung Trading awarded ’100 million US Dollar Export Tower’ on 13th Day of Export
    TextileUlsan Plant establishes integrated office and 10-year anniversary center
    Octorber
    TextileTongyang Polyester completes construction of Daegu Plant
    August
    TradingHyosung Trading registered and approved as a complex trading company
    July
    TextileFour fiber companies publish company newsletter ‘TOPLON News’
    TextileTongyang Nylon selected exemplary plant for New Village Movement(Saemaul Undong), awarded Presidential Citation
    May
    TradingHyosung Trading opens New York office
    TradingHyosung Trading establishes offices in Singapore•Taipei•Jeddah•Kuwait
    February
    TextileTOPLON Co. Ltd. begins overseas exports
  • 1975
    December
    TextileTongyang Nylon Bupyeong Plant completes construction of main plant and dormitories
    November
    TradingHyosung Trading awarded ‘Dongtan Order of Industrial Service Merit’ on 12th Day of Export
    Octorber
    TradingHyosung Trading establishes Hong Kong office
    September
    TextileTongyang Nylon opens in-house job training center
    June
    TextileTongyang Polyester begins exporting first products ‘Twill’ and ‘Amunzen’ to the New York market
    May
    TextileTongyang Polyester, Ulsan Plant completion ceremony
    TextileTongyang Dyes begins operation of Daegu Plant(28 million yards worth of chemical fiber fabric dyed annually)
    February
    TradingHyosung Trading acquires Incheon Plant of Daedong Trading Co. Ltd.(Operated as Incheon Materials Plant 1)
    January
    TextileChiefs of 4 fiber companies unified(Tongyang Nylon, Tongyang Polyester, TOPLON, Tongyang Dyes)
  • 1974
    November
    TextileTongyang Nylon awarded ‘Dongtan Order of Industrial Service Merit’
    August
    TextileTongyang Nylon, registration of ‘TOPLON’ brand in Korea Intellectual Property Office
    February
    TextileTongyang Nylon Plant begins New Village Movement(Saemaul Undong)
    January
    TextileTongyang Polyester, Ulsan Plant ceremony in beginning construction
    TextileTongyang Polyester issues 2.2 million new shares, increasing capital to 2.4 billion won
    Tongyang Nylon establishes brand label ‘HONEY’ for export products
  • 1973
    Octorber
    TextileTongyang Nylon Ulsan Plant begins operation of Eonyang Plant Branch
    September
    TextileTongyang Nylon establishes Tongyang Dyes Co. Ltd.
    August
    TradingHyosung Trading, inauguration of Chairman Hong-Jai Cho
    June
    TextileTongyang Nylon goes public on Korea Stock Exchange
    May
    TextileTongyang Nylon establishes Tongyang Polyester Co. Ltd.
    February
    TextileTongyang Nylon establishes Toplon Co. Ltd.
  • HYOSUNG TNC_
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  • HYOSUNG TNC_
Previous

Start of BusinessBefore 1973

  • 1972
    June
    TextileTongyang Nylon establishes new Export Department in Sales Team exclusively for exports
    May
    TextileTongyang Nylon agrees to implement medical nylon fabric technology with Jein Co. Ltd., Japan
    February
    TextileTongyang Nylon publishes <TOPLON guide>
    January
    TextileTongyang Nylon, first direct yarn export to Taiwan(5M/T)
  • 1971
    July
    TradingHyosung Trading establishes Tokyo office
    TextileTongyang Nylon, Daegu Plant completion ceremony
    June
    TextileTongyang Nylon Ulsan Plant completes 2nd additional construction, Apollo Project
    May
    TextileTongyang Nylon Ulsan Plant improves production process from direct spinning to chip method
  • 1970
    December
    TextileMerger of Hanil Nylon and Tongyang Nylon as proposed by CEO S. R. Cho
    TextileTongyang Nylon exceeds annual production quantity of 10,000 M/T
    September
    TextileTongyang Nylon Ulsan Plant begins building Apollo and Tiger projects
    TextileTongyang Nylon acquires Hanil Nylon
    May
    TextileTongyang Nylon, CEO S. R. Cho inauguration
  • 1969
    September
    TextileTongyang Nylon completes first additional construction of Ulsan Plant(Blue Sky-Ⅱ Project, daily production quantity of 7 tons, cell type application, mass production for thread of 40-denier or lower)
    August
    TextileTongyang Nylon Ulsan Plant completes first additional construction of Ulsan Plant BS-Ⅱ(capacity of 5 additional tons in medical products, daily production of 12.5 tons)
    January
    TextileTongyang Nylon, CEO Won Yong-seok inauguration
  • 1968
    September
    TextileTongyang Nylon Strategy Team begins research on polyester business
    July
    TextileTongyang Nylon holds ceremony for Ulsan Plant completion
    June
    TextileTongyang Nylon launches first fiber product as brand Toplon
    April
    TextileUlsan Plant completes construction of BS-1 Project(daily production of 17.5 tons)
    TextileTongyang Nylon Ulsan Plant begins test operations and succeeds in sample production
  • 1967
    Octorber
    TextileTongyang Nylon completes entire Ulsan Plant
    September
    TextileTongyang Nylon acquires 18,000 shares of Tongyang Caprolactam
    April
    TextileTongyang Nylon, Director S. R. Cho appointed managing director
    February
    TextileTongyang Nylon issues 100,000 new shares, total capital of 200 million won
    January
    TextileTongyang Nylon auditor S. R. Cho selected as director, appointed Vice President of Construction
  • 1966
    November
    TextileTongyang Nylon Co. Ltd. corporation registration
    September
    Textile Tongyang Nylon begins construction of Ulsan Plant
    July
    TradingHyosung Trading establishes Tokyo office in Japan
    April
    TextileCEO S. R. Cho returns to Korea from studies in the US to participate in group management
  • 1965
    TradingHyosung Trading relocates to Hyosung Headquarters Building 1
  • 1964
    September
    TextileHyosung・Hanguk Nylon・Hanil Nylon joint investment to establish Tongyang Caprolactam Co. Ltd.
    TradingHyosung Trading acquires Haedong Oil Co. Ltd. Located in Yeong-do, Busan
    TextileCEO Hong-Jai Cho selects nylon yarn as new business item
    May
    TextileHyosung Trading applies for approval to build new plants on designated sites to operate new businesses
    January
    TradingHyosung Trading applies for approval of its lubricant oil business plan to the Economic Planning Board
  • 1962
    September
    TradingHyosung Trading relocates to 112 Sogong-dong, Jung-gu
  • 1957
    February
    TradingEstablishment of Hyosung Trading Co. Ltd.(CEO Hong-Jai Cho)

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FAMILY SITE

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