Various stories of activities brought to you by Hyosung TNC
Hyosung TNC has started working with TOPTEN, the No. 1 SPA business in the country, for the joint development of eco-friendly products. On March 8, the Company signed an MOU with TOPTEN for said undertaking in a ceremony held at the headquarters building of Shinsung Tongsang in Gangdong-gu, Seoul, with Hyosung TNC President Kim Chi-hyung and Shinsung Tongsang Chair Yeom Tae-soon in attendance. The two businesses′ decision to work together for the development of good-quality eco-friendly products with reasonable prices came following the increase in such goods particularly among the MZ generation. Under said MOU, Hyosung TNC will develop/supply diverse eco-friendly materials using Regen®, which is polyester fiber made of recycled transparent PET bottles. For its part, TOPTEN will introduce a collection of cost-effective, eco-friendly clothes using it, including activewear like Balance. Hyosung TNC also intends to help TOPTEN introduce a variety of cost-effective, eco-friendly clothes through the joint development of new products using Regen® and by providing eco-friendly fashion ideas to TOPTEN. ″We are playing the leading role in fashion markets both in and out of the country through eco-friendliness, fully taking advantage of the merits of our Regen® and working with local governments as well as the relevant fashion brands. We will continue making similar efforts by making eco-friendly products easily accessible to consumers through positive cooperation,″ Hyosung TNC President KIM Chi-hyung said, commenting on the matter. For his part, Shinsung Tongsang Chair Yeom Tae-soon noted that TOPTEN and Hyosung TNC have worked together to develop eco-friendly materials and functional fabrics. ″We have been able to improve our main line of products like OnAir, CoolAir, and Balance. Through the MOU signed this time, the two businesses will engage in further R&D of new materials/eco-friendly products to make better apparel and meet consumers′ desire for value-based consumption,″ he added.
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Hyosung paid a visit to the Jongno Women Resources Development Center in Jongno, Seoul on June 26 and donated 70 million won to be spent for a program intended to help women with career experience land jobs. Said center will operate a course for training 40-plus women over the age of 45 in jobs related to healthcare and accounting with the support fund provided by Hyosung. The course will provide education to the trainees to help them obtain the relevant qualification to work in said fields. Even after the course, the center will provide them with support like job consulting, job-related information, etc. Hyosung has provided such support for women with career experience since 2013 to help them find jobs as professionals such as school meal cooks, daycare teachers, working-level employees at social welfare institutions, etc. A total of 400-plus women has attended such programs provided through Hyosung’s support, and 354 of them succeeded in finding jobs in diverse fields.“We at Hyosung should always strive to grow with people in our neighborhood and the local community, guided by the saying ‘If you want to go fast, go alone. If you want to go far, go together’,” Hyosung Chairman CHO Hyun-joon said.Hyosung strives to provide support to those who need it in such a way that they are encouraged to cultivate their future themselves under the social contribution-related vision of “We will be with you through sharing.”
Hyosung invited 30 Korean War heroes to the “Stand up for Heroes!” event held on June 25 at the Gocheok Sky Dome, Seoul. The event was co-hosted by the Ministry of Patriots and Veterans Affairs Southern Seoul Regional Office (MPVA) and Kiwoom Heroes and sponsored by Hyosung. Hyosung paid the expenses for vehicles, meal, souvenir, etc. for the 30 war veterans invited to a game between Kiwoom Heroes and Doosan Bears. The event was arranged to remember the dedication of the war veterans on the occasion of the 70th anniversary of the signing of the Armistice Agreement. The name of the event, “Stand up for Heroes,” was fixed in association with Kiwoom Heroes to show the support and appreciation for the Korean War heroes. People who came to see the game had an opportunity to enjoy programs held for the event including roulette event related to the truce of the Korean War, quiz game, ceremonial pitches done by war veterans, march of the standard bearers of the 22 countries that came to ROK’s aid during the war, and performance by the band of the Capital Defense Command. “We should feel grateful and pay our respects to war veterans who devoted themselves to the homeland and strive to pass such feeling to upcoming generations,” Hyosung Chairman CHO Hyun-joon said. Hyosung engages in a variety of social contribution activities for those who rendered distinguished services for the country, setting protection of the homeland and paying of respects to war veterans as some of the important social contribution-related themes. Such activities include the following: invitation of war veterans to a trip to Imjingak and Odusan Unification Observatory (in May) and provision of daily necessities like meat soup and gomtang (meat bone soup) for war veterans staying at home under the care of the MPVA on the occasion of memorial month in June.
Hyosung TNC is taking part in the succession of fiber and fashion expos held in the United States and Europe in a bid to make forays into global eco-friendly markets.Hyosung TNC is introducing an array of its eco-friendly fiber goods at OR (Outdoor Retailer) Show 2023 held in Salt Lake City, US for three days from June 19 to 21. It is one of the largest outdoor industry expos held in North America.At said OR Show, Hyosung TNC is introducing Regen Ocean Nylon recycled from abandoned fishing nets, the main culprit of plastic-based pollution of the ocean, and Regen Ocean Robic fiber made from Regen Ocean Nylon.1)Especially, Hyosung expects visitors to the expo to pay attention to its cooperation with Osprey, which enjoys the top position in global outdoor backpack markets.Osprey has introduced the Talon Earth collection for S/S 2024 where Hyosung TNC’s Regen Ocean Robic was applied. Said item is a technical backpack product made mainly of recycled materials ranging from fabrics to sewing thread and zipper chain plastic. It boasts comfort of wearing and durability equal to existing products as well as being Osprey’s first backpack approved by Bluesign®.As a sustainability standard concerning environment, health, and safety controlled by Swiss group Bluesign Technologies, Bluesign examines the material ingredients and entire process of production of goods such as work stability as well as whether pollutants are generated, including matters concerning end consumers’ safety, to ensure that the goods are safe for both producers and consumers.Hyosung TNC succeeded in the development of Mypan Regen Robic in 2020 after about a year of research through close cooperation with Osprey. At the time, Mypan Regen Robic was a material made from recycled byproducts created in the process of production of fiber goods. Note, however, that the one introduced this time is one developed by Hyosung TNC and Osprey using only abandoned fishing nets, so it is an upgraded material in terms of eco-friendliness.Recently, Hyosung completed LCA (Life Cycle Assessment) by comparing 1 kg of recycled nylon made from abandoned fishing nets with 1 kg of existing nylon. The use of Regen Ocean Nylon was found to result in 73% reduction of CO2 emission, 75.7% reduction in the use of fossil fuel, and up to 98.6% reduction in consumption of water.“No other business in the world can produce recycled fiber goods made from the three leading chemical fibers. We at Hyosung will continue to strive for product-related R&D for sustainable and active lifestyle as a leading business in the field of eco-friendly fiber,” Hyosung Chairman CHO Hyun-joon said.Hyosung TNC plans to introduce its recycled goods differentiated from the others by taking part in the eco-friendly material specializing FFE (Future Fabric Expo) held in London for three days from June 26.At said expo, the Company intends to look for substantial business opportunities through first-hand meetings with customers to expand its presence in the European market, which leads global markets for eco-friendly fiber and fashion goods.
On June 7, Hyosung’s representatives paid a visit to the Gwanggaeto Corps of the ROK 1st Army Corps and delivered 44 million won to be spent for the troops’ welfare.They also presented some consolation money to be spent on raising the troops’ morale. They expressed their wish that the welfare support fund be spent on building physical exercise facilities for the troops. Hyosung has maintained brotherhood ties with said corps, which has been defending the north side of the Greater Seoul Area and the western front since 2010. Those from the Hyosung Group have paid a visit to the military unit each year and provided financial support for the provision of facilities for book reading, physical exercise, laundry, etc. “We should never forget those devoted to the protection of people’s safety. I hope that fund provided by us will help raise the morale of our troops on the front line,” Hyosung Chairman CHO Hyun-joon said. Hyosung provides programs for provision of support for veterans under the slogan “We will be with you through sharing.”Last month, for instance, Hyosung employees carried out a voluntary activity for cleaning the Seoul National Cemetery on the occasion of Memorial Month, and the Company provided financial support for improving the residential environment of family members of veterans who rendered distinguished service. The Company also invited veterans and their families to a trip to Paju on the occasion of the 70th anniversary of the signing of the Armistice Agreement. This month, the Company plans to deliver ‘daily necessities of love’ to those who rendered distinguished service registered with the Ministry of Patriots and Veterans Affairs Southern Seoul Regional Office (MPVA). In 2021, the Company was given an award by the MPVA for its effort for those who rendered distinguished service including provision of PiBo (robotic companions for the elderly) and AI-powered aid robots.
Hyosung TNC’s Regen Ocean Nylon, which is made through the recycling of abandoned fishing nets, is being reborn as outdoor clothing.Hyosung TNC said on June 1 that it has applied its Regen Ocean Nylon to clothing and backpacks for S/S 2023 in cooperation with well-known outdoor brands such as The North Face, K2, etc. This is the first time Regen Ocean Nylon is used in the production of domestic outdoor goods.Regen Ocean Nylon is a recycled fiber made with abandoned fishing nets collected in and outside the country. In 2007, Hyosung TNC became the first business in the world to develop and commercialize it. The Company started increasing its production through the addition of the relevant production facilities around the end of last year. Many businesses interested in environmental production try to use it considering its high recycling value and contribution to the preservation of the ocean ecosystem. Abandoned fishing nets account for about 10% of plastic trash in the ocean. They have become threats to the lives of ocean animals, so major countries started looking for ways to collect and recycle them.The outdoor goods for S/S 2023 for which Regen Ocean Nylon is used include K2’s training sets, polo T-shirts, and backpacks and The North Face’s rash guards, windbreakers, etc. About 36 tons of abandoned fishing nets have been recycled through said cooperative work.“Wearing clothes made of Regen Ocean Nylon means that you take part in the effort to save the ocean ecosystem, which is a source of lives. We’ll continue to develop such goods as a business devoted to the production of eco-friendly fiber goods,” Hyosung TNC President KIM Chi-Hyung said.
On May 31, Hyosung employees and war veterans who have rendered distinguished services and their families took a trip to Korean War sites in Paju, Gyeonggi-do as arranged by Hyosung and Ministry of Patriots and Veterans Affairs Southern Seoul Regional Office.The event was arranged to express gratitude to war veterans for their sacrifice for and contribution to the country on the occasion of the 70th anniversary of the signing of the Armistice Agreement. A total of 12 war veterans and 33 members of their families started the trip at the Seoul National Cemetery, took a gondola lift at Imjingak in Paju, and paid a visit to the Odusan Unification Observatory. “I was confined to my home for a long time due to COVID-19 and my poor health. I think the trip will remain long in my memory as I got to spend time with other war veterans in meaningful places,” a veteran said.Hyosung Chairman CHO Hyun-joon said, “We should feel grateful and pay respects to war veterans who devoted themselves to the homeland and strive to pass such feeling to upcoming generations.” Hyosung provides financial support for the provision of homes to war veterans and engages in social contribution activities for the protection of the homeland and paying of respects to war veterans including the cleaning of the Seoul National Cemetery carried out by its employees on May 24.