Hyosung Corporation Company Summary |
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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.
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COMPANY DATA |
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Principal Sector |
Industrial |
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Principal Industry |
Industrial & Manufacturing |
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Homepage |
www.hyosung.co.kr |
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Key Developments: Hyosung Corporation
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Asia Market Overview of November 12
NOV 12, 2009 17:30 - Article Views: 5,465
Asian share markets continue a winning streak on Thursday following the good leads from Wall Street. Japan's Nikkei stock index rose in early trade as exporters were lifted by confidence in global recovery. Korean central bank decided to keep rates unchanged at a record-low 2 per cent. |
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Korea's Hyosung (SEO:004800) Only Bidder for Hynix (SEO:000660)
SEP 23, 2009 16:02 - Article Views: 5,279
Hyosung Group (SEO:004800) has made an offer to buy a 28 percent stake in Hynix Semiconductors (SEO:000660), the world's No. 2 memory chip maker after Samsung Electronics (SEO:005930). |
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