Hyosung Corporation

Hyosung Corporation is a Korean industrial conglomerate that is present in business areas such as textiles, chemicals, industrial materials, heavy industrial systems, construction and international trade. The Company's textile unit manufactures nylon yarns, spandex yarns, polyester yarns and synthetic fibers. Its chemical unit's products include propane propylene (PP), polyethylene terephthalate (PET) bottles, nylon and polyester films. The Company's industrial materials unit is engaged in the provision of tire cords, steel cords, carpets and flooring materials. Its heavy industrial system unit provides transformers, circuit breakers, electromotors and decelerators. Its trading unit is engaged in the distribution of steels and chemical products. Its construction unit conducts such building projects of apartments and residence-commerce complex buildings. The Company has suspended the manufacturing of industrial system units in Changwon factory, from September 18, 2009.