Company Introduction Innovation that sets the foundation apart,
a Lifestyle Facilitator in the textile and trading industry

History

OUR HISTORY

Continuous growth
and challenges

that have
created a history
of innovation

  • NOW~2010

    Continuous
    growth

    • 2023
      1. Nov.
        Textile Launch of the integrated fiber brand website renewal
      2. Sep.
        Textile Renewal of the TNC brand and launch of the integrated fiber brands “CREORA” and “regen”
      3. Jun.
        Hyosung Group’s integrated ESG brand “RE:GEN” (Reply to Every Generation’s Future) has been launched
    • 2022
      1. Dec.
        Commencement of conservation project for “Sea Grass Forest,” a flagship blue carbon site, to expand biodiversity preservation efforts
      2. Nov.
        Achievement of a “BBB rating” in MSCI ESG assessment
      3. Oct.
        Declaration of support for the Task Force on Climate-related Financial Disclosures (TCFD) to address climate change
      4. Aug.
        Textile Commercialization of the world’s first bio-based Spandex (regen Bio- based) and acquisition of global eco-certifications
      5. Jul.
        Textile Support for sustainable fiber and smart fiber startups through open innovation
      6. Apr.
        Recognition with the Carbon Disclosure Project (CDP) Carbon Management Sector Honor
    • 2021
      1. Dec.
        Hyosung TNC joins the 1-trillion-won operating profit club
      2. Oct.
        Collaborates with Jeju City on sustainable projects to preserve Jeju beaches
      3. Aug.
        Participates in recycling project for discarded fishing nets in South Jeolla Province
      4. Jun.
        Receives the “Environmental Award” from the Seoul Metropolitan Government
      5. May
        Signs a business agreement on resource recycling projects with Busan Metropolitan City
      6. Apr.
        Enters into a business agreement on resource recycling projects with Yeosu Port Authority
      7. Jan.
        Collaborates with the Seoul Metropolitan City on establishing a resource circulation system in Jeju
    • 2020
      1. Sep.
        Textile Collaborates with Andar to launch “athleisure” masks
      2. Apr.
        Textile Signs an MOU with the Ministry of Environment and Jeju Island to establish a resource circulation system
    • 2019
      1. Jul.
        Textile Establishes a production technology center
    • 2018
      1. Sep.
        Textile Establishment of 5 Spandex factories in China, Vietnam, and other locations, building smart factories
      2. Aug.
        Textile 4 Hyosung Group companies jointly hold Corporate Day presentation
      3. Jun.
        Textile Establishment of Hyosung TNC Co., Ltd. (Jun. 1)
      4. Mar.
        • Textile 2019 F/W Trend workshop held
        • Textile “Creora Workshop” conducted in the Asia region
        • Textile Signed an agreement with Vietnamese fashion company “Fashion Star” to launch a sportswear line
        • Trading Successful first export of fertilizers from Hyosung’s Trading Division, Huchems KVF (Vietnamese fertilizer plant)
      5. Jan.
        • Textile Gumi plant receives Presidential commendation for labor-management contribution
        • Textile Expansion of the Hyosung Quzhou Spandex factory
    • 2017
      1. Jul.
        Textile Expansion of the Hyosung Dong Nai Spandex factory
      2. Mar.
        Textile Establishment of the Hyosung Quzhou Spandex factory
    • 2016
      1. Jul.
        Textile CREORA’s new product “CREORA Fresh” presented at the world’s largest lingerie and swimwear material exhibition “Mode City & Interfilière” in Lyon
    • 2015
      1. Aug.
        Textile Expansion of the Hyosung Dong Nai Spandex factory
      2. May
        Textile Hyosung Corporate Pavilion opens in the Fiber Museum within the Daegu Textile Complex
    • 2014
      1. Oct.
        Trading Opening Ceremony for “Three Shining Islands” held at Sevit Island
      2. Apr.
        Textile Launching of “CREORA Comfort,” a Spandex brand for diapers
      3. Mar.
        Textile Conducting “CREORA Workshops” targeting major customers in the Asia region, proposing the latest fashion trends and fabric development
    • 2013
      1. Dec.
        Textile Spandex PU’s Gumi plant achieves the first ISO/TS 29001 certification in Korea
    • 2012
      1. Jul.
        Textile Celebration of the 20th anniversary of CREORA’s launch at the world’s largest lingerie and swimwear exhibition “Mode City Paris/Interfilière”
      2. Mar.
        Textile Textile PG launches a wide range of sustainable functional yarns at “2012 Preview in Daegu.”
    • 2011
      1. Dec.
        • Textile Spandex yarn “CREORA” selected as a World-Class Product by the Korean Ministry of Knowledge Economy
        • Textile Polyester yarn “Askin” selected as the Next-generation World-class Product by the Ministry of Knowledge Economy
      2. Sep.
        Textile Completion of the Spandex plant in the Southern Brazilian State of Santa Catarina
      3. May
        Trading Opening of the world’s largest artificial island
        “Sevit Island” in the Han River
    • 2010
      1. Nov.
        Trading Winner of the “$4 billion export award” at the 47th annual Trade Day Awards
  • 2009~2000

    The development
    of the business

    • 2009
      1. Jan.
        Textile Elastic polyester fiber “Xanadu” selected as a world-class product
    • 2008
      1. May
        Textile Awarded the Jang Young Shil Prize for the development and commercialization of the world's first industrial-strength PET yarn
      2. Jan.
        • Textile Launched recycled polyester yarn “regen”
        • Textile Achieved the status of the world’s No. 1 product (as of 2006) in the fiber sector, according to the Ministry of Trade, Industry, and Energy, winning in three categories
    • 2007
      1. Nov.
        Launched recycled yarn “Mipan regen”
      2. Jun.
        • Textile Spandex PU received Key Suppliers Awards from Kimberly-Clark
        • Trading Established local subsidiary Hyosung Vietnam Co., Ltd. near Ho Chi Minh City
      3. Apr.
        Textile Established Hyosung Istanbul Tekstil
      4. Jan.
        Textile Acquired Dongguk Trade Spandex Factory with an annual capacity of 6,000 tons located in Zhuhai, Guangdong Province, China
    • 2006
      1. Dec.
        Textile Selected as “2nd Certified New Technology” by the Korea Industrial Technology Association
      2. Jun.
        Textile Nylon yarn PU develops PET conductive yarn
      3. Jan.
        Textile Nylon yarn PU develops new products Mipan Colorist and Mipan Colormax
    • 2005
      1. Aug.
        Textile Polyester yarn PU attains ISO 9001 and ISO 14001 certifications
      2. Apr.
        Textile Textile PG receives the Grand Prize in the synthetic fiber category at the “Korea Textile Material Quality Awards”
    • 2004
      1. Nov.
        Textile The completion of the Hyosung Spandex (Guangdong) factory, with an annual capacity of 18,000 tons
      2. Sep.
        Textile Spandex PU completes the construction of a Spandex factory in Zhuhai, China
      3. Jul.
        Textile Introduction of “Zenio,” a new material developed for clothing using Nylon-66 yarn
      4. May
        Trading The opening of “Mercedes-Benz Tower” by The Class Hyosung
      5. Apr.
        Trading Polyester yarn PU receives the Grand Prize in the synthetic fiber category at the “2004 Korea Textile Material Quality Awards”
    • 2003
      1. Dec.
        Trading The Class Hyosung establishes an independent unit within the trading PG.
      2. Nov.
        • Textile The Fiber Research Institute develops antimicrobial Spandex, chlorine-resistant Spandex, and nylon stretch yarns.
        • Textile The Fiber PG introduces “For Doctor,” a health shirt made from antiseptic yarn.
        • Textile The Fiber Research Institute develops “Mipan Nano Magic Silver,” the first domestic produced yarn with nanotechnology.
      3. Aug.
        Textile Expansion of the Spandex factory in Jiaxing, China (C-2).
      4. Jun.
        Textile Polyester Yarn PU develops the first domestic produced nylon yarn for airbags
    • 2002
      1. Dec.
        • Textile Textile PG receives the “Top 10 New Technology Award in Korea” for M3 and M2 ultra-microfiber.
        • Textile The Fiber Research Institute develops nylon-based absorbent innerwear and antimicrobial fibers.
      2. Jul.
        • Trading Trading PG and Steel PU entered into a long-term supply agreement for stainless steel with Yieh Hsing in Taiwan
        • Trading Hyosung Corporation signed a dealer agreement with Mercedes-Benz Korea for sales in the Seoul area.
      3. May
        Textile Fiber 1 PG’s Spandex PU receives “CREORA” quality certification in Fila fabric quality testing.
      4. Apr.
        Textile The Polyester Yarn PU’s “AeroCool” is selected by the Ministry of Trade, Industry and Energy as a “World-Class Product.”
    • 2001
      1. Nov.
        • Textile Hyosung Chemical Fiber (Jiaxing) Limited Company established as a local subsidiary
        • Textile Spandex PU completes the construction of the Jiaxing Spandex Factory in China (C-1).
      2. Sep.
        Textile Nylon products receive the European environmental certification mark “OEKO-TEX Standard 100.”
      3. Aug.
        Textile The Fiber Research Institute wins the Korean Fiber Material Quality Award in the categories of ultra-microfiber and phosphorescent yarnsv
      4. Apr.
        Textile Nylon Yarn PU develops “Mipan Lumax,” a nylon luminous yarn.
    • 2000
      1. Dec.
        Textile The Fiber Research Institute awarded the Prime Minister’s commendation as an outstanding corporate research institute
      2. Jul.
        Textile The Fiber Research Institute awarded the Prime Minister’s commendation as an outstanding corporate research institute
      3. Mar.
        Textile The Fiber Research Institute awarded the Prime Minister’s commendation as an outstanding corporate research institute
      4. Jan.
        Textile Nylon Yarn PU successfully develops Korea’s first nylon-drawn yarn
  • 1999~1973

    Business Leap
    Forward

    • 1999
      1. Sep.
        Textile Textile PG completes the Spandex BI program; confirmed Spandex filament brand as “CREORA”
      2. Jun.
        Textile Textile PG implements the Customer Satisfaction (CS) mark scheme.
      3. Mar.
        Textile Textile PG successfully commercializes moisture-absorbing, fast-drying polyester fiber “AeroCool”
    • 1998
      1. Sep.
        • Textile Develops the world’s first “Nylon Filament Yarn”
        • Textile Hyosung T&C develops the world’s second 0.3 denier microfiber
      2. Jul.
        Textile Hyosung T&C’s Central Research Institute wins the “IR 52 Jang Young Shil Award for low melting point yarns
      3. Apr.
        Textile Nylon Yarn PU established the “Textile Marketing Development Center” (MDC)
      4. Mar.
        Textile Hyosung T&C publishes the industry's the first electronic newsletter “T&C Line”
      5. Jan.
        Trading Chemical PU signs a long-term supply deal for PTA with Italy’s INCAi
    • 1997
      1. Oct.
        Textile Hyosung Living Industry inaugurates Vietnam’s textile factory.
      2. May
        Textile Hyosung T&C’s Central Research Institute wins BiAx-Super “IR-52 Jang Young Shil Award”
      3. Feb.
        • Textile Hyosung Living Industry started operating the Seongseo dyeing factory.
        • Trading Hyosung Corporation takes an equity stake in Oman’s oil production project.
      4. Jan.
        • Trading Hyosung Corporation established Hyosung Transworld.
        • Textile Hyosung T&C successfully commercializes Spandex.
        • Textile Hyosung T&C publishes Dongyang Nylon 30-Year History
    • 1996
      1. Nov.
        • Trading The Home Appliance Business Team of Hyosung Corporation's Chemical Materials Business Division signs an exclusive sales agreement with Electrolux of Sweden.
        • Textile Dongyang Nylon celebrates its 30th anniversary and declares a new corporate motto.
      2. Oct.
        Trading Hyosung Corporation established a coil processing center in Zhangjiagang, China.
      3. Jun.
        Trading Hyosung Corporation acquired Sebo Refrigeration, entering the refrigerated warehouse business.
      4. Apr.
        • Textile Dongyang Nylon established a distribution business team, commencing operations under the “Hyosung Distribution” brand.
        • Textile Dongyang Polyester became the first in the domestic chemical fiber industry to obtain ISO 9001 certification.
      5. Jan.
        • Trading Hyosung Corporation successfully developed a bituminous coal mine in Australia.
        • Trading Hyosung Corporation established new branch offices in Sendai, Japan, and Manila, Philippines.
    • 1995
      1. Dec.
        Trading Hyosung Corporation establishes Hyosung Food & Beverage (Beijing) Limited Company.
      2. Sep.
        Textile Dongyang Nylon’s Central Research Institute develops a 10,000mm waterproof fabric “BiAx-Super.”
      3. Jul.
        Textile Dongyang Nylon's Central Research Institute wins the “IR-52 Jang Young Shil Award” for NY microfiber products.
      4. Feb.
        • Trading Hyosung Corporation receives the "Exporter of $400 million in textiles and fabrics” award.
        • Textile Dongyang Nylon expands its Spandex production capacity (Q-3 project).
    • 1994
      1. Dec.
        Textile Dongyang Nylon’s Central Research Institute develops 0.5 denier microfiber; 1.5-2 denier nylon S/F, PET DSP-10
      2. Sep.
        Textile Dongyang Nylon’s Ulsan Factory commences ACE-beam equipment modification (#35)
      3. Aug.
        • Textile Dongyang Nylon and Dongyang Polyester Gumi Factory begin full-scale polymerization production.
        • Trading Hyosung Corporation opens the second Volkswagen/Audi showroom in Hyosung Building, Seosomun, Seoul.
      4. Jul.
        Trading Hyosung Corporation exports passenger cars to China for the first time.
    • 1993
      1. Nov.
        • Trading Hyosung Corporation is the recipient of the 30th Trade Day “Gold Tower Industrial Medal”
        • Trading Hyosung Corporation establishes an office in Mumbai, India
        • Textile Dongyang Nylon publishes Dongyang Nylon 25-Year History
      2. Jul.
        • Trading Hyosung Corporation establishes offices in Chongqing and Qingdao, China, as well as in São Paulo, Brazil
        • Trading Hyosung Corporation signs a supply contract for Chinese anthracite with POSCO
      3. Jun.
        Textile Dongyang Nylon expands its Spandex production capacity (Q-2 project).
      4. Mar.
        Textile Dongyang Nylon’s Central Research Institute develops lightweight insulating material Nylon Hollow Fiber
      5. Jan.
        Textile Dongyang Nylon’s Ulsan Plant starts the X-5 (composite yarn) project
    • 1992
      1. Dec.
        • Trading Hyosung Corporation establishes an office in Kuala Lumpur, Malaysia
        • Textile Dongyang Nylon’s Anyang Plant begins Spandex production (1 ton of polymerization, 0.4 tons of spinning.
      2. Sep.
        Textile Dongyang Polyester completes the construction of an automated factory in Gumi.
      3. Jul.
        • Trading Hyosung Corporation establishes an office in Guangzhou, China.
        • Textile Dongyang Polyester wins the “IR52 Jang Young Shil Award" for developing MORIK, a new material.
      4. Mar.
        • Textile Dongyang Nylon’s Anyang Plant completes the Spandex factory (Q-1 project).
        • Trading Hyosung Corporation establishes an office in Dalian, China.
      5. Feb.
        • Trading Hyosung Corporation establishes an office in Hanoi, Vietnam.
        • Textile Dongyang Nylon establishes Lanka Synthetic Fiber Company (LSFC).
    • 1991
      1. Dec.
        Textile Dongyang Nylon’s Ulsan Plant completes the Topstar-5 project.
      2. Nov.
        Textile Dongyang Nylon signs acquisition agreement for Sri Lanka CPC Nylon Plant with the Sri Lankan government.
      3. Sep.
        Trading Hyosung Corporation establishes a joint venture Korea Coal Pty. Ltd. in Sydney, Australia.
      4. Aug.
        Textile Dongyang Nylon’s Anyang Plant commences the construction of a Spandex Plant.
      5. May
        Trading Hyosung Corporation participates in the Australian bituminous coal mine development project.
      6. Apr.
        Textile Dongyang Nylon's Ulsan Plant completes X-4 project.
      7. Feb.
        • Trading Hyosung Corporation establishes the Istanbul office in Turkey.
        • Trading Hyosung Corporation establishes the Ho Chi Minh office in Vietnam.
      8. Jan.
        Trading Hyosung Corporation establishes the Moscow office in Russia.
    • 1990
      1. Nov.
        • Textile Dongyang Nylon wins “Top Exporter” award with $500 million in exports.
        • Trading Hyosung Corporation becomes the first domestic company to supply Chinese rock phosphate to Jinhae Chemical.
        • Trading Hyosung Corporation exports fertilizers from Philippines to Sri Lanka (first successful case of 3-way trade).
      2. Oct.
        Trading Hyosung Corporation Establishes the Fukuoka office in Japan.
      3. Jul.
        Textile Dongyang Nylon commences direct exports under the “Toplon” brand.
      4. May
        Textile Dongyang Nylon ventures into the Spandex business.
      5. Apr.
        Textile Dongyang Polyester commences production of RE-V co-polyester chips for bottle applications.
      6. Mar.
        Textile Dongyang Nylon completes the construction of a polyurethane resin factory.
      7. Feb.
        Trading Hyosung Corporation establishes the Warsaw office in Poland.
      8. Jan.
        Trading Hyosung Corporation establishes the Overseas Regional Headquarters.
    • 1989
      1. Dec.
        Textile Dongyang Nylon’s Central Research Institute develops NY T/C heat-resistant fabric, NY microfiber (0.2d).
        The Central Research Institute develops skiwear fabric.
      2. Oct.
        Textile Hyosung Corporation issues euro-denominated commercial paper on its own credit
      3. Sep.
        Trading Hyosung Corporation establishes offices in Kaohsiung, Taiwan, and Mexico.
      4. Jul.
        • Trading Hyosung Corporation establishes offices in Shanghai and Milan.
        • Trading Dongyang Nylon’s Ulsan Plant completes the Topstar-3 project (introducing automated equipment auto doffer).
      5. Feb.
        Trading Hyosung Corporation opens up the first direct shipping route between North and South Korea in 44 years.
      6. Jan.
        Trading Hyosung Corporation establishes the Dubai office.
    • 1988
      1. Dec.
        • Textile Dongyang Nylon’s Central Research Institute develops nylon partially oriented yarn (POY), fine star, magnetic materials, and silver-coated suede.
        • Trading Hyosung Corporation signs an exclusive import agreement for agricultural and mineral products from Jilin Province.
      2. Oct.
        • Trading Hyosung Corporation opens the Beijing office.
        • Textile Dongyang Nylon’s Central Research Institute establishes the Ulsan branch office.
      3. Feb.
        • Textile Dongyang Nylon merges with Wonmi Fiber Industry.
        • Trading Hyosung Corporation opens the Audi/Volkswagen showroom in Nonhyeon-dong, Gangnam-gu.
      4. Jan.
        Textile Dongyang Polyester completes the construction of the Second Plant for RE-V in Ulsan.
    • 1987
      1. Oct.
        Textile Dongyang Nylon successfully localizes Nylon-66 resin production, begins mass production.
      2. Sep.
        Textile Dongyang Polyester closes its Daegu Plant.
      3. Aug.
        • Trading Hyosung Corporation issues first overseas commercial paper of $40 million in New York.
        • Trading Hyosung Corporation opens the Toronto office in Canada.
        • Trading Hyosung Corporation achieves $1 billion in exports.
      4. Jan.
        Textile Dongyang Nylon's Ulsan Plant launches the Topstar-1 project.
    • 1986
      1. Dec.
        Textile Dongyang Nylon's Central Research Institute develops thin suede fabric, insulating heat-resistant fibers.
      2. Jun.
        Textile Dongyang Polyester completes BOQ expansion at Ulsan Plant.
      3. Feb.
        Textile Dongyang Polyester starts the production of moisture-absorbing yarn.
      4. Jan.
        Textile Dongyang Nylon's Ulsan Plant commences the Topstar project.
    • 1985
      1. Sep.
        Trading Hyosung Corporation signs a dealership agreement with Volkswagen AG.
      2. Jun.
        Textile Dongyang Nylon partially relocates headquarters to the research building within Anyang Plant.
      3. Mar.
        Textile Dongyang Nylon's Anyang Plant completes the Titania-85 project.
    • 1984
      1. Nov.
        Textile Dongyang Nylon receives the Productivity Award.
      2. Aug.
        • Textile Dongyang Nylon's Technical Research Institute wins a “Contribution to New Material Development” Award for developing moisture- and sweat- absorbing yarn.
        • Textile Dongyang Nylon's Ulsan Plant begins the production of composite yarn (X-I project) and develops nylon conductive yarn.
      3. Jun.
        Textile Dongyang Nylon completes the X-I project with proprietary technology (commercialization of 0.1 denier ultra-microfiber).
      4. Apr.
        Trading Hyosung Corporation merges with Singal Tourism Development, Dongyang Industry, and Seoul Building.
      5. Feb.
        Textile Dongyang Nylon merges with Toplon, relaunches as its own textile business division.
    • 1983
      1. Dec.
        Textile Dongyang Nylon's Technical Research Institute develops moisture-absorbing fabric (BIAX) and synthetic suede.
      2. Jun.
        • Textile Dongyang Polyester launches the DY-III project (8-end spinning, 3 D/T expansion).
        • Trading Hyosung Corporation signs a financial restructuring and affiliate mergers and acquisitions agreement (Gyeongnam Development, Hyosung Development, Hyosung Oil Refinery, Singal Tourism Development, Dongyang Industrial, and Seoul Building).
      3. Mar.
        Textile Toplon integrates operations with Dongyang Nylon.
    • 1982
      1. Dec.
        Textile Dongyang Nylon completes the construction of its textile and resin pilot buildings.
      2. Oct.
        Textile Dongyang Nylon’s Anyang Plant completes the construction of the Titania plant.
      3. May
        Textile Dongyang Polyester completes the construction of the Ulsan plant welfare center.
      4. Apr.
        Trading Hyosung Corporation acquires bunker C oil purchase rights for KEPCO power plants.
      5. Mar.
        • Trading Seok-rae Cho inaugurates as the Hyosung Corporation Chairman.
        • Trading Hyosung Corporation establishes the Riyadh office.
    • 1981
      1. Dec.
        Textile Dongyang Polyester wins the “Top $100 million exporter award.
      2. Nov.
        Textile Dongyang Nylon’s Ulsan Plant completes building employee apartments.
      3. Apr.
        Textile Dongyang Nylon’s Unyang plant installs the water jet power loom.
      4. Feb.
        Trading Hyosung Corporation implements the information monitoring system, first among Korea’s trading companies.
    • 1980
      1. Jul.
        • Textile Dongyang Nylon’s Anyang plant selected as an excellent safety management company.
        • Textile Wonmi Fiber’s shirt division attain’s Korea’s first KS certification.
      2. Feb.
        Textile In-sang Song inaugurates as the Dongyang Nylon Chairman.
      3. Jan.
        Textile Dongyang Nylon’s Technical Research Institute develops NSY.
    • 1979
      1. Nov.
        • Trading Hyosung Corporation becomes a “$500 million Exporter| award recipient.
        • Textile Dongyang Nylon wins the quality management award.
      2. Aug.
        • Trading Hyosung Corporation converts the Hong Kong office as a local subsidiary.
        • Textile Dongyang Nylon completes the construction of the pilot spinning plant.
      3. May
        Trading Hyosung Corporation launches the first yacht at Incheon’s yacht plant.
      4. Apr.
        • Trading Hyosung Corporation’s headquarters relocates to 4-17 Namdaemun-ro, Jung-gu, Dongseong Bldg., Seoul.
        • Textile Dongyang Nylon completes the construction of the Unyang fabric plant.
      5. Jan.
        • Textile Dongyang Nylon completes the construction of the Unyang fabric plant.
        • Textile Toplon holds completion ceremony for its Unyang Plant.
    • 1978
      1. Nov.
        • Trading Hyosung Corporation receives 15th Export Day “$300 million exporter” award.
        • Textile Dongyang Polyester wins the “Stone Tower Industry Medal.”
        • Textile Dongyang Nylon the winner of the Quality Management Award (Gold) and Industry Standard Award (Bronze).
      2. Oct.
        • Trading Hyosung Corporation establishes Hyosung Oil Refining.
        • Textile Hyosung Corporation opens the “Toplon Technical Service Center.”
      3. Jul.
        Trading Hyosung Corporation establishes the Stockholm office.
      4. May
        Textile Dongyang Nylon’s Technical Center develops slub yarns for medical applications.
      5. Feb.
        Textile Dongyang Nylon appoints Lee Yong-cheol as vice chairman and Bae Ki-eun as president.
    • 1977
      1. Dec.
        • Textile Wonmi Fiber signs a trademark and technology partnership deal with Manhattan Industries, Inc. of the US. Emerged as a Korea's largest specialist in a shirt maker
        • Trading Hyosung Corporation establishes the Colombo office, first among general trading companies in Korea.
      2. Nov.
        Trading Hyosung Corporation receives 14th Export Day “$300 million exporter” award.
      3. Sep.
        • Trading Dongyang Polyester moves its headquarters to Hyosung II Building, 21-1 Seosomun-dong, Jung-gu, Seoul.
        • Textile Hyosung Corporation moves its headquarters to Hyosung II Building, Seosomun-dong, Jung-gu, Seoul.
      4. Jun.
        Trading Hyosung Corporation makes an IPO.
      5. Mar.
        Textile Dongyang Nylon completes its Export Cooperation Complex II plant (inside Gumi Industrial Complex, Sunsan-gun, North Gyeongsang Province).
      6. Feb.
        Trading Hyosung Corporation establishes the Cairo office.
      7. Jan.
        Textile Dongyang Nylon to introduce the TQC scheme
    • 1976
      1. Nov.
        • Trading Hyosung Corporation the recipient of 13th Export Day "$100 million exporter" award
        • Textile Completed Ulsan Plant integrated office and ten-year hall
      2. Oct.
        Textile Dongyang Polyester completes the construction of the Daegu plant.
      3. Aug.
        Trading Hyosung Corporation designated as a general trading company
      4. Jul.
        • Textile Corporate newsletter "Toplon News" published by 4 fiber affiliates
        • Textile Dongyang Nylon selected as a model company for the factory Saemaeul Movement, and winner of the President's commendation
      5. May
        • Trading Hyosung Corporation establishes the New York office.
        • Trading Hyosung Corporation establishes offices in Singapore, Taipei, Jeddah, and Kuwait.
      6. Feb.
        Textile Toplon commences overseas exports.
    • 1975
      1. Dec.
        Textile Dongyang Nylon's Bupyeong plant completes the main factory and dormitory expansion.
      2. Nov.
        Trading Hyosung Corporation receives 12th Export Day "Bronze Tower Industry Medal."
      3. Oct.
        Trading Hyosung Corporation establishes the Hong Kong office.
      4. Sep.
        Textile Dongyang Nylon opens an in-house vocational training center.
      5. Jun.
        Textile Dongyang Polyester exports its first products "Twill" and "Amunzen" to New York.
      6. May
        • Textile Dongyang Polyester holds an Ulsan plant groundbreaking ceremony.
        • Textile Dongyang Dyeing starts operations of the Daegu plant (annual dyeing capacity of 28 million yards of synthetic fabric).
      1. Feb.
        Trading Hyosung Corporation acquires the Incheon factory of Daedong Corporation (operating as Incheon's 1st processing plant).
      2. Jan.
        Textile Unification of the corporate logos of 4 fiber affiliates (Dongyang Nylon, Dongyang Polyester, Toplon, Dongyang Dyeing)
    • 1974
      1. Nov.
        Textile Dongyang Nylon wins the "Bronze Tower Industry Medal."
      2. Aug.
        Textile Dongyang Nylon registers the "Toplon" trademark with the patent office.
      3. Feb.
        Textile Dongyang Nylon launches the factory Saemaeul Movement.
      4. Jan.
        • Textile Dongyang Polyester holds an Ulsan plant groundbreaking ceremony.
        • Textile Hyosung Corporation signs a financial structure improvement and related affiliate merger agreement (Gyeongnam Development, Hyosung Development, Hyosung Oil Refining, Singal Tourism Development, Dongyang Industrial, and Seoul Building).
    • 1973
      1. Oct.
        Textile Dongyang Nylon starts operating the Ulsan plant and Unyang branch factory.
      2. Sep.
        Textile Dongyang Nylon establishes Dongyang Dyeing.
      3. Aug.
        Trading Cho Hong-je inaugurates as the Hyosung Corporation Chairman.
      4. Jun.
        Textile Dongyang Nylon lists its shares on the Korea Stock Exchange.
      5. May
        Textile Dongyang Nylon establishes Dongyang Polyester.
      6. Feb.
        Textile Dongyang Nylon establishes Toplon.
  • 1973~1957

    Starting a
    business

    • 1972
      1. Jun.
        Textile Dongyang Nylon establishes the Export Department, a dedicated unit within the sales department.
      2. May
        Textile Dongyang Nylon signs a technology transfer agreement with Japanese company Teijin for medical nylon yarn.
      3. Feb.
        Textile Dongyang Nylon publishes the "Toplon Guide" magazine.
      4. Jan.
        Textile Dongyang Nylon makes the first direct export of raw yarn to Taiwan (5 metric tons).
    • 1971
      1. Jul.
        • Trading Hyosung Corporation established the Tokyo office.
        • Textile Dongyang Nylon holds a groundbreaking ceremony for the Daegu plant.
      2. Jun.
        Textile Dongyang Nylon's Ulsan plant sees the completion of the second expansion phase of the Apollo project.
      3. May
        Textile Dongyang Nylon's Ulsan plant shifts its process from the directspinning to the chip method.
    • 1970
      1. Dec.
        • Textile Dongyang Nylon merges with Hanil Nylon following the suggestion of Hanil's CEO Seok-rae Cho.
        • Textile Dongyang Nylon sees its an annual output surpass 10,000 metric tons.
      2. Sep.
        • Textile Dongyang Nylon's Ulsan plant commences the Apollo and Tiger project expansion.
        • Textile Dongyang Nylon acquires Hanil Nylon.
      3. May
        Textile Seok-rae Cho inaugurates as the Dongyang Nylon President.
    • 1969
      1. Sep.
        Textile Dongyang Nylon's Ulsan plant completes 1st expansion (Blue Sky-II project, 7-ton daily capacity, cell type, production of a fine yarn below 40 deniers).
      2. Aug.
        Textile Dongyang Nylon's Ulsan plant sees the completion of the first expansion phase of the BS-II project
        (increased to 12.5 tons with a 5-ton medical yarn expansion)
      3. Jan.
        Textile Yong-seok Won inaugurates as the Dongyang Nylon president.
    • 1968
      1. Sep.
        Textile Dongyang Nylon's Planning Division initiates polyester business research.
      2. Jul.
        Textile Dongyang Nylon's Ulsan Plant holds a completion ceremony.
      3. Jun.
        Textile Dongyang Nylon launches the first raw yarn product under the trademark "Toplon."
      4. Apr.
        • Textile Ulsan Plant completes the BS-I project (daily output of 17.5 tons).
        • Textile Dongyang Nylon's Ulsan Plant commences trial operation. Successful production of prototypes.
    • 1967
      1. Oct.
        Textile Dongyang Nylon completes the entire building for the Ulsan Plant.
      2. Sep.
        Textile Dongyang Nylon acquires 18,000 shares of Dongyang Caprolactam.
      3. Apr.
        Textile Dongyang Nylon appoints Seok-rae Cho as Executive Director.
      4. Feb.
        Textile Dongyang Nylon issues 100,000 new shares, with total capital of 200 million won.
      5. Jan.
        Textile Dongyang Nylon appoints Seok-rae Cho as auditor and director. Head of Construction Division appointed
    • 1966
      1. Nov.
        Textile Dongyang Nylon registers as a corporation.
      2. Sep.
        Textile Dongyang Nylon holds a groundbreaking ceremony for the Ulsan Plant.
      3. Jul.
        Trading Hyosung Corporation establishes the Tokyo office.
      4. Apr.
        Textile Chairman Seok-rae Cho returns home from studying abroad in the US and participates in the group management.
    • 1965
      1. Trading Hyosung Corporation relocates to Hyosung I Building.
    • 1964
      1. Sep.
        • Textile Dongyang Caprolactam established through joint investment by Hyosung, Kolon, and Hanil Nylon.
        • Trading Hyosung Corporation acquires Haedong Refinery in Yeongdo, Busan.
        • Textile Chairman Cho Hong-je decides to enter the new business of producing Nylon raw yarn.
      2. May
        Textile Hyosung Corporation applies for designation approval for a new factory site for a new business.
      3. Jan.
        Trading Hyosung Corporation applies for an approval of lubricant business plan to the Economic Planning Board.
    • 1962
      1. Sep.
        Trading Hyosung Corporation relocates to 112 Sogong-dong, Jung-gu, Seoul.
    • 1957
      1. Feb.
        Trading Establishment of Hyosung Corporation Co., Ltd. (Representative Director Hong-je Cho)