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History

2021

  • Hyosung TNC joined the KRW 1 trillion operating profit club
  • Collaborated with Jeju-si on an eco-friendly beach revitalization project on Jeju
  • Participated with Jeollanam-do in a waste fishing net recycling project
  • Received the grand prize at the Environmental Award presented by the Seoul Metropolitan Government
  • Signed an MOU with Busan for a resource recycling project
  • Signed an MOU with Yeosu Port Authority for a resource recycling project
  • Signed an MOU with Seoul Metropolitan Government to establish a resource circulation system in Jeju

Jan.

  • Textile Sector: Entered an MOU with Seoul Metropolitan Government to promote the “regenTM Seoul” project

2020

  • Developed a mask for athleisure in collaboration with Andar
  • Textile Sector: Entered an MOU with the Ministry of Environment to establish a resource circulation system in Jeju Island

2019

Jul.

  • Textile Sector: Established a production technology center

Mar.

  • Trading Sector: Entered an MOU between The Class Hyosung and Citibank

2018

Sep.

  • Textile Sector: Established five spandex factories as smart factories in China and Vietnam

Jun.

  • Textile Sector: Founded Hyosung TNC (Jun. 1))

Mar.

  • Textile Sector: Entered an MOU with Fashion Star Co., Ltd., a Vietnamese fashion company to launch a sportswear line
  • Trading Sector: Successfully exported fertilizer of Huchems KVF (Vietnamese fertilizer plant) for the first time

Jan.

  • Textile Sector: Gumi plant received a presidential citation for labor-management culture excellence
  • Textile Sector: Extended Hyosung spandex plant in Quzhou

2017

  • Extended Hyosung spandex plant in Dong Nai
  • Textile Sector: Established Hyosung spandex plant in Quzhou

2016

  • Exhibited CREORATM's new product “CREORATM Fresh” at “Lyon Mode City & Interfiliere,” the world's largest lingerie and swimsuit material exhibition

2015

Aug.

  • Extended Hyosung spandex plant in Dong Nai

2014

Oct.

  • Held the opening ceremony of Some Sevit, “Three Shining Islands”

Apr.

  • Textile Sector: Launched “CREORATM Comfort,” a spandex diaper brand, at INDEX 2014

2013

  • Spandex PU Gumi plant acquired ISO/TS 29001 certification for the first time in Korea

2012

Mar.

  • Textile Sector: Textile PG launched a large number of eco-friendly yarns at “2021 Preview In Daegu (PID)”

2011

Dec.

  • Textile Sector: CREORATM, a spandex yarn, and Askin, a polyester yarn, designated as “World Class Products” by the Ministry of Knowledge Economy

Sep.

  • Textile Sector: Spandex PU completed the spandex plant in Santa Catarina, southern Brazil

May

  • Trading Sector: Opened Some Sevit, the world's largest artificial island, on the Hangang River

2010

Nov.

  • Trading Sector: Received “4 Billion Dollar Export Tower” at the 47th Trade Day Awards Ceremony

2009

Jan.

  • Textile Sector: Polyester stretch fiber “Xanadu” selected as a World Class Product

2008

May

  • Textile Sector: Received the Jang Young-sil Award for industrial ultra-high strength PET yarn; the first development and commercialization of industrial PET yarn in the world

Jan.

  • Textile Sector: Textile PG launched regenTM, a recycled polyester yarn
  • Textile Sector: Received three awards for product with the largest market share in the world (as of 2006) selected by the Ministry of Commerce, Industry, and Energy

2007

Nov.

  • Textile Sector: Launched MIPAN regenTM, a recycled yarn

Jun.

  • Textile Sector: Received Key Supplier Awards on Spandex PU by Kimberly Clark
  • Trading Sector: Founded Hyosung Vietnam Co., Ltd., a Vietnamese local corporation in Southeast Asia near Ho Chi Minh City

Apr.

  • Textile Sector: Established Hyosung Istanbul Textiles

Jan.

  • Textile Sector: Acquired Dongkuk Trading's 6,000-ton per year spandex plant in Zhuhai, Guangdong Province, China

2006

Dec.

  • Textile Sector: Selected as the “2nd Certified New Technology” by the Korea Industrial Technology Association

Nov.

  • Trading Sector: The official launch of Hyosung's online game division, Hyosung CTX

Jun.

  • Textile Sector: Developed nylon filament conductive filament

Jan.

  • Textile Sector: Nylon Yarn PU created new MIPAN Colorist and MIPAN Colormax products

2005

Aug.

  • Textile Sector: Polyester yarn PU acquired ISO 9001 and ISO 14001 certifications

Apr.

  • Textile Sector: Textile PG was awarded the Grand Prize in the Synthetic Fiber Division at the “Korea Textile Material Quality Award”

2004

Nov.

  • Textile Sector: Completed a spandex production plant with an annual capacity of 18,000 tons by Hyosung Guangdong Co., Ltd.

Sep.

  • Textile Sector: Spandex PU completed construction of a spandex plant in Zhuhai, China

Jul.

  • Textile Sector: Launched “Zenio,” a new clothing material made from nylon-66 yarn

May

  • Trading Sector: The Class Hyosung opened the “Mercedes-Benz Tower”

Apr.

  • Textile Sector: Polyester yarn PU won Grand Prize for synthetic fiber at “2004 Korea Textile Quality Award”

2003

Dec.

  • Trading Sector: The Class Hyosung launched an independent corporation within the Trade PG

Nov.

  • Textile Sector: Textile Research Institute developed antibacterial spandex, spandex resistant to chlorine, and nylon latent crimp yarn
  • Textile Sector: Textile PG launched “For Doctor,” a shirt made with antibacterial yarn
  • Textile Sector: Textile Research Institute developed Korea's first application of nanotechnology, “MIPAN Nano Magic Silver”

Aug.

  • Textile Sector: Expansion of the Jiaxing, China spandex plant (C-2)

Jun.

  • Textile Sector: Nylon yarn PU developed the first nylon yarn for airbags in Korea

2002

Dec.

  • Textile Sector: Textile PG received the “Korea Top 10 New Technology Award” for microfiber M3 & M2
  • Textile Sector: Textile Research Institute developed a nylon fiber that is sweat-absorbing, quick-drying, and sterile

Jul.

  • Trading Sector: Trade PG Steel PU entered a stainless steel supply agreement with Taiwan YIEH HSING on a long-term basis
  • Trading Sector: Hyosung Co., Ltd. signed a dealer agreement with Mercedes-Benz Korea in Seoul region

May

  • Textile Sector: Textile 1PG Spandex PU certified as “CREORATM” quality in FILA's fabric quality test

Apr.

  • Textile Sector: “Aerocool” of PET yarn PU designated as a “World Class Product” by the Ministry of Commerce, Industry, and Energy

2001

Nov.

  • Textile Sector: Founded Hyosung Chemical Fiber Jiaxing Co., Ltd., a textiles-related local business
  • Textile Sector: Spandex PU completed a spandex plant in Jiaxing, China (C-1)

Sep.

  • Textile Sector: Nylon products acquired the European environmental certification mark “Ecotex Standard 100”

Aug.

  • Textile Sector: Ultra microfiber and phosphorescent yarn won the Korea Textile Material Quality Award for Textile Research Institute

Apr.

  • Textile Sector: Nylon Yarn PU developed “MIPAN Lumax,” a nylon luminous yarn

2000

Dec.

  • Textile Sector: The Textile Research Institute received the Prime Minister's Commendation as an outstanding enterprise research institute

Jul.

  • Textile Sector: The Textile Research Institute received the Prime Minister's Commendation as an outstanding enterprise research institute

Mar.

  • Textile Sector: The Textile Research Institute received the Prime Minister's Commendation as an outstanding enterprise research institute

Jan.

  • Textile Sector: Nylon Yarn PU developed Korea’s first nylon spun yarn

1999

Sep.

  • Textile Sector : Textile PG completed the spandex BI work; confirmed the spandex chemical fiber yarn brand as “CREORATM

Jun.

  • Textile Sector : Textile PG implemented the CS (Customer Satisfaction) Mark system

Mar.

  • Textile Sector : Textile PG successfully commercialized Aerocool, a polyester fiber that absorbs sweat and dries quickly

1998

Sep.

  • Textile Sector : Developed world's first nylon filament yarn
  • Textile Sector : Hyosung T&C developed world's first 0.3 denier microfiber

Jul.

  • Textile Sector : Hyosung T&C central research institute won the IR 52 Jang Young-sil Award for low-melting yarns

Apr.

  • Textile Sector : Nylon Yarn PU established the textile MDC (Marketing Development Center)

Mar.

  • Textile Sector : Hyosung T&C launched the industry's first electronic newsletter, T&C LINE

Jan.

  • Trading Sector : Chemicals PU entered into a long-term PTA supply agreement with INCAi of Italy

1997

Oct.

  • Textile Sector : Hyosung T&C held a completion ceremony of the Vietnamese textile plant

May

  • Textile Sector : Hyosung T&C Central Research Center won the BiAx-Super “IR-52 Jang Young-sil Award”

Feb.

  • Textile Sector : Hyosung T&C started operation of Seongseo dyeing plant
  • Trading Sector : Hyosung C&T invested in Oman's oil production business

Jan.

  • Trading Sector : Hyosung C&T established Hyosung Transworld Co., Ltd.
  • Textile Sector : Hyosung T&C achieved spandex industrialization

1996

Nov.

  • Trading Sector : Hyosung C&T's home appliance business team of chemical products division signed an exclusive domestic sales contract with Electrolux of Sweden
  • Textile Sector : Dongyang Nylon marked 30th anniversary and held new name declaration ceremony

Oct.

  • Trading Sector : Hyosung C&T began construction on a coil processing center in Zhangjiagang, China

Jun.

  • Trading Sector : Hyosung C&T acquired Sebo Refrigeration and entered the business of refrigerated warehouses

Apr.

  • Textile Sector : Dongyang Nylon established a distribution business team Commenced operations under the name “Hyosung Distribution”
  • Textile Sector : Dongyang Polyester received the first ISO 9001 certification in China's chemical fiber industry

Jan.

  • Trading Sector : Hyosung C&T successfully developed an Australian bituminous coal mine
  • Trading Sector : Hyosung C&T opened new locations in Sendai, Japan, and Manila, Philippines

1995

Dec.

  • Trading Sector: Hyosung C&T established Beijing Hyosung Chaneum Co., Ltd.

Sep.

  • Textile Sector: Dongyang Nylon Central Research Institute developed BiAx-Super, a 10,000mm moisture-permeable, waterproof fabric

Jul.

  • Textile Sector: Dongyang Nylon Central Research Institute awarded the IR-52 Jang Young-sil Award for NY micro fiber products

Feb.

  • Trading Sector: Hyosung C&T awarded the “400 million dollar export tower”
  • Textile Sector: Dongyang Nylon expended the spandex facility (Q-3 project)

1994

Dec.

  • Textile Sector : Dongyang Nylon Central Research Institute developed microfiber 0.5 denier, nylon S/F 1.5–2 denier, PET DSP-10

Sep.

  • Textile Sector : Dongyang Nylon Ulsan Plant, ACE-Beam remodeling (#35) start-up

Aug.

  • Textile Sector : Polymerization and full-scale operation at Dongyang Nylon and Dongyang Polyester Gumi Plants
  • Trading Sector : Hyosung C&T inaugurated the second Volkswagen/Audi exhibition hall (Seosomun, Hyosung Building)

Jul.

  • Trading Sector : First Hyosung C&T passenger car exported to China

1993

Nov.

  • Trading Sector : Hyosung C&T awarded the “Golden Tower Order of Industrial Service Merit” on the 30th Trade Day
  • Trading Sector : Hyosung C&T established a branch in Bombay, India

Jul.

  • Trading Sector : Hyosung C&T established branch offices in Chongqing, Qingdao, China and Sao Paulo, Brazil
  • Trading Sector : Hyosung C&T agreed with POSCO to supply Chinese anthracite

Jun.

  • Textile Sector : Dongyang Nylon increased spandex facility (Q-2 project)

Mar.

  • Textile Sector : The Central R&D Center of Dongyang Nylon developed nylon hollow fiber, a lightweight thermal insulation material

Jan.

  • Textile Sector : Dongyang Nylon Ulsan Plant, X-5 (composite yarn) project start-up

1992

Dec.

  • Trading Sector : Hyosung C&T opened a branch in Kuala Lumpur, Malaysia
  • Textile Sector : Dongyang Nylon Anyang Plant began manufacturing spandex (polymerization : 1 ton per day; spinning: 0.4 ton per day)

Sep.

  • Textile Sector : Dongyang Polyester completed Gumi automation plant

Jul.

  • Trading Sector : Hyosung C&T opened an office in Guangzhou, China
  • Textile Sector : Dongyang Polyester won the IR52 Jang Young-sil Award for developing a new textile material MORIK

Mar.

  • Textile Sector : Completed Dongyang Nylon Anyang Plant and Spandex plant (Q-1 project)
  • Trading Sector : Hyosung C&T established a branch in Dalian, China

Feb.

  • Trading Sector : Hyosung C&T established a branch in Hanoi, Vietnam
  • Textile Sector : Dongyang Nylon established Langka Synthetic Fiber Co., Ltd. (LSFC)

1991

Dec.

  • Textile Sector : Dongyang Nylon Ulsan Plant completed the Top Star-5 project

Nov.

  • Textile Sector : Dongyang Nylon signed a contract with the Sri Lankan government to acquire the CPC nylon plant

Sep.

  • Trading Sector : Hyosung C&T established Korea Coal Pty, Ltd. a joint investment corporation in Sydney, Australia

Aug.

  • Textile Sector : Dongyang Nylon Anyang Plant started construction of the spandex plant

May

  • Trading Sector : Hyosung C&T participated in the development of a bituminous coal mine in Australia

Apr.

  • Textile Sector : Dongyang Nylon Ulsan Plant completed the X-4 project

Feb.

  • Trading Sector : Hyosung C&T established a branch in Istanbul, Turkey
  • Trading Sector : Hyosung C&T opened an office in Ho Chi Minh City, Vietnam

Jan.

  • Trading Sector : Hyosung C&T established a branch in Moscow, Russia

1990

Nov.

  • Textile Sector : Dongyang Nylon awarded the “500 million dollar export tower”
  • Trading Sector : Hyosung C&T started supplying Jinhae Chemical with Chinese phosphate ore for the first time as a trading company in Korea
  • Trading Sector : Hyosung C&T exported fertilizer to Sri Lanka from the Philippines (first three-way trade)

Oct.

  • Trading Sector : Hyosung C&T established Fukuoka branch in Japan

Jul.

  • Textile Sector : Dongyang Nylon commenced direct export under the brand name “TOPLON”

May

  • Textile Sector : Dongyang Nylon entered the spandex market

Apr.

  • Textile Sector : Dongyang Polyester commenced chip production for RE-V polymerized bottles

Mar.

  • Textile Sector : Dongyang Nylon completed polyurethane resin plant

Feb.

  • Trading Sector : Hyosung C&T established a branch in Warsaw, Poland

Jan.

  • Trading Sector : Hyosung C&T established and operated overseas regional headquarters

1989

Dec.

  • Textile Sector : Dongyang Nylon Central Research Institute developed NY microfiber (0.2d) skiwear fabric

Sep.

  • Trading Sector : Hyosung C&T established branches in Kaohsiung, Taiwan, and Mexico

Jul.

  • Trading Sector : Hyosung C&T established branches in Shanghai and Milan
  • Textile Sector : Dongyang Nylon Ulsan Plant completed the Top Star-3 project (automated facility Auto Doffer introduced)

Feb.

  • Trading Sector : After 44 years of division, Hyosung C&T pioneered the first North-South route

Jan.

  • Trading Sector : Hyosung C&T established a branch in Dubai

1988

Dec.

  • Textile Sector : Dongyang Nylon Central Research Institute developed nylon POY processed yarn, fine star, magnetic material, and silver cotton wool suede
  • Trading Sector : Hyosung C&T entered an exclusive import contract for agricultural and mineral products in Jilin Province

Oct.

  • Trading Sector : Hyosung C&T opened a branch in Beijing
  • Trading Sector : Dongyang Nylon Central Research Center established the Ulsan branch

Feb.

  • Textile Sector : Dongyang Nylon merged with Wonmi Textile Industry Co., Ltd.
  • Trading Sector : Hyosung C&T opened an Audi/Volkswagen exhibition hall (Nonhyeon-dong, Gangnam-gu)

Jan.

  • Textile Sector : Dongyang Polyester completed Plant 2 at RE-V Ulsan

1987

Oct.

  • Textile Sector : Dongyang Nylon achieved localization of Nylon-66 resin and entered mass production

Sep.

  • Textile Sector : Dongyang Polyester ceased operations at its Daegu plant

Aug.

  • Trading Sector : Hyosung C&T issued its first overseas CP for USD 40 million in New York
  • Trading Sector : Hyosung C&T opened a branch in Toronto, Canada
  • Trading Sector : Hyosung C&T reached one billion dollars export

Jan.

  • Textile Sector : Dongyang Nylon Ulsan Plant started operating Top Star-1 project

1986

Dec.

  • Textile Sector : Dongyang Nylon Central Research Center developed thin suede and insulation fiber

Jun.

  • Textile Sector : Dongyang Polyester held a completion ceremony of Ulsan Plant BOQ extension

Feb.

  • Textile Sector : Dongyang Polyester commenced manufacturing of hygroscopic yarn

Jan.

  • Textile Sector : Dongyang Nylon Plant Ulsan Plant commenced Top Star project

1985

Oct.

  • Trading Sector : Hyosung C&T entered an agency contract with Volkswagen AG

Mar.

  • Textile Sector : Dongyang Nylon Anyang Plant completed Titania-85 project

1984

Nov.

  • Textile Sector : Dongyang Nylon won the Grand Prize for Productivity

Aug.

  • Textile Sector : Dongyang Nylon R&D Center was presented with the “New Material Development Contribution Award” for developing moisture-absorbing and sweat-absorbing yarn
  • Textile Sector : Dongyang Nylon Ulsan Plant initiated composite yarn production (X-I project) and developed nylon conductive thread

Jun.

  • Textile Sector : Dongyang Nylon completed X-I project utilizing its own technology (industrialization of 0.1 denier ultra-microfiber)

Apr.

  • Trading Sector : Hyosung C&T merged with Singal Tourism Development Co., Ltd., Dongyang Industrial Co., Ltd., and Seoul Building Co., Ltd.

Feb.

  • Textile Sector : Dongyang Nylon merged with Toplon Co., Ltd. and was reconstituted as the Textile Division

1983

Dec.

  • Textile Sector : Dongyang Nylon Technology Research Center developed BIAX and synthetic suede

Jun.

  • Textile Sector : Dongyang Polyester initiated the DY-III project (spinning to 8-end, addition of D/T 3 units)
  • Trading Sector : Hyosung C&T entered a merger contract of related affiliates (Gyungnam Development Jinheung Co., Ltd., Hyosung Development Co., Ltd., Hyosung Refinery Co., Ltd., Singal Tourism Development Co., Ltd., Dongyang Industry Co., Ltd., and Seoul Building Co., Ltd.), and improved its financial structure

Mar.

  • Textile Sector : Toplon Co., Ltd. integrated its business with Dongyang Nylon

1982

Dec.

  • Textile Sector : Dongyang Nylon Technology Research Center completed pilot building for fiber and resin

Oct.

  • Textile Sector : Dongyang Nylon Anyang Plant completed construction of the Titania Plant

Apr.

  • Trading Sector : Hyosung C&T acquired the authorization to acquire bunker C oil for KEPCO power plants

Mar.

  • Trading Sector : Hyosung C&T established a branch in Riyadh

1981

Dec.

  • Textile Sector : Dongyang Polyester won the “100 Million Dollar Export Tower”

Nov.

  • Textile Sector : Dongyang Nylon Ulsan Plant completed employee apartment building

Apr.

  • Textile Sector : Dongyang Nylon Eonyang plant installed a water jet room

Feb.

  • Trading Sector : Hyosung C&T was the first among Korea's general trading companies to implement an information monitoring system

1980

Jul.

  • Textile Sector : Dongyang Nylon Anyang Plant designated as an outstanding safety management company
  • Textile Sector : Wonmi fiber shirt sector obtained KS mark authorization in Korea for the first time

Jan.

  • Textile Sector : Dongyang Nylon R&D Center developed NSY

1979

Nov.

  • Trading Sector : Hyosung C&T won the “500 Million Dollar Export Tower”
  • Textile Sector : Dongyang Nylon received the top award for quality management

Aug.

  • Trading Sector : Hyosung C&T established a local Hong Kong corporation as a branch
  • Textile Sector : Dongyang Nylon completed construction of a pilot loom plant

Apr.

  • Textile Sector : Dongyang Nylon completed the Eonyang Textile Plant

Jan.

  • Textile Sector : Dongyang Nylon completed Eonyang Textile Plant
  • Textile Sector : Toplon Co., Ltd. held the completion ceremony of Eonyang Plant

1978

Nov.

  • Trading Sector : Hyosung C&T was awarded the “300 Million Dollar Export Tower” on the 15th Export Day
  • Textile Sector : Dongyang Polyester was awarded the “Stone Tower Order of Industrial Service Merit”
  • Textile Sector : Dongyang Nylon won the Quality Control Grand Prize, the Industrial Standardization Award Gold and Bronze Award for TQC activities

Oct.

  • Trading Sector : Hyosung C&T invested in and established Hyosung Oil Refinery Co., Ltd.
  • Textile Sector : Dongyang Nylon inaugurated the “Toplon Technical Service Center”

Jul.

  • Trading Sector : Hyosung C&T established a branch in Stockholm

May

  • Textile Sector : Dongyang Nylon R&D Center established a medical slub company

1977

Dec.

  • Textile Sector : Wonmi Fiber registered trademark and entered a technical partnership with Manhattan Industries, Inc., U.S. Emerged as Korea's largest shirt manufacturer
  • Trading Sector : As the first Korean general trading company, Hyosung C&T established its Sri Lankan branch in Colombo

Nov.

  • Trading Sector : Hyosung C&T was awarded the “100 Million Dollar Export Tower” on the 14th Export Day

Jun.

  • Trading Sector : Hyosung C&T disclosed its IPO

Mar.

  • Textile Sector : Dongyang Nylon completed its second export cooperation complex (in Gumi Industrial Complex, Seonsan-gun, Gyeongsangbuk-do)

Feb.

  • Trading Sector : Hyosung C&T established a branch in Cairo, Egypt

Jan.

  • Textile Sector : Dongyang Nylon confirmed TQC system implementation

1976

Nov.

  • Trading Sector : Hyosung C&T was awarded the “100 Million Dollar Export Tower” on the 13th Export Day
  • Textile Sector : Completed the general office and Sipnyeon Hall for Ulsan Plant

Oct.

  • Textile Sector : Dongyang Polyester completed construction of the Daegu Plant

Aug.

  • Trading Sector : Hyosung C&T registered as a general trading company

Jul.

  • Textile Sector : Four major textile companies established Toplon News, a publication devoted to the textile industry
  • Textile Sector : Dongyang Nylon was chosen as a model plant by Saemaul Undong (New Village Movement) and commended by the president

May

  • Trading Sector : Hyosung C&T established a New York branch
  • Trading Sector : Hyosung C&T opened offices in Singapore, Taipei, Jeddah, and Kuwait

Feb.

  • Textile Sector : Toplon Co., Ltd. commenced international exports

1975

Dec.

  • Textile Sector : Dongyang Nylon completed extension of Buypeong Plant, main plant, and dormitory

Nov.

  • Trading Sector : Hyosung C&T was awarded the “Bronze Tower Order of Industrial Service Merit” on the 12th Export Day

Oct.

  • Trading Sector : Hyosung C&T established office in Hong Kong

Sep.

  • Textile Sector : Dongyang Nylon inaugurated an internal vocational training center

Jun.

  • Textile Sector : Dongyang Polyester exported its first “Twill” and “Amunzen” products to the New York market

May

  • Textile Sector : Dongyang Polyester held the completion ceremony of the Ulsan Plant
  • Textile Sector : Dongyang Dying Co., Ltd. commenced plant operations in Daegu (28 million yards of chemical fiber dyeing process per year)

Feb.

  • Trading Sector : Hyosung C&T acquired Daedong Industrial Co., Ltd. Incheon Plant (operated as Incheon's No. 1 sawmill)

Jan.

  • Textile Sector : Unified the symbols of four textile companies (Dongyang Nylon, Dongyang Polyester, Toplon, and Dongyang Dying)

1974

Nov.

  • Textile Sector : Dongyang Nylon was presented with the Bronze Tower Order of Industrial Service Merit

Aug.

  • Textile Sector : Dongyang Nylon registered the trademark “Toplon” with the Korean Intellectual Property Office

Jan.

  • Textile Sector : Dongyang Polyester held a groundbreaking ceremony for the Ulsan Plant
  • Textile Sector : Hyosung C&T improved its financial structure and signed for merger and acquisition of affiliated companies (Gyeongnam Development Promotion Co., Ltd., Hyosung Development Co., Ltd., Hyosung Oil Refinery Co., Ltd., Singal Tourism Development Company, Co., Ltd., Dongyang Industry Co., Ltd., Seoul Building Co., Ltd.)

1973

Oct.

  • Textile Sector : Dongyang Nylon Ulsan Plant started operation of Eonyang Powder Plant

Sep.

  • Textile Sector : Dongyang Nylon established Dongyang Dying Co., Ltd.

Jun.

  • Textile Sector : Dongyang Nylon was listed on the Korea Stock Exchange

May

  • Textile Sector : Dongyang Nylon founded Dongyang Polyester Co., Ltd.

Feb.

  • Textile Sector : Dongyang Nylon founded Toplon Co., Ltd.

1972

Jun.

  • Textile Sector : Dongyang Nylon established the Export Division, an export-only division within the Sales Division

May

  • Textile Sector : Dongyang Nylon signed a contract with Japan's Teijin Limited to introduce manufacturing technology for medical nylon yarn

Feb.

  • Textile Sector : Dongyang Nylon launched the magazine “Toplon Guide”

Jan.

  • Textile Sector : Dongyang Nylon started direct export of yarn to Taiwan (5M/T)

1971

Jul.

  • Trading Sector : Hyosung C&T established Tokyo branch
  • Textile Sector : Dongyang Nylon held a completion ceremony of Daegu Plant

Jun.

  • Textile Sector : Dongyang Nylon Ulsan Plant completed the second Apollo project expansion

May

  • Textile Sector : Dongyang Nylon Ulsan Plant modified method from direct spinning to chip method

1970

Dec.

  • Textile Sector : Hanil Nylon merged Dongyang Nylon and Hanil Nylon
  • Textile Sector : Dongyang Nylon exceeded annual production of 10,000 M/T

Sep.

  • Textile Sector : Dongyang Nylon Ulsan Plant commenced extension of Apollo and Tiger projects
  • Textile Sector : Dongyang Nylon acquired Hanil Nylon

1969

Sep.

  • Textile Sector : Dongyang Nylon Ulsan Plant completed its first expansion (Blue Sky-II project, 7 tons per day, cell-type application, and mass production of fine yarn with a denier count of 40 or less)

Aug.

  • Textile Sector : Dongyang Nylon Ulsan Plant completed the first BS-II extension (12.5 tons per day for 5 tons for medical use)

1968

Sep.

  • Textile Sector : Dongyang Nylon Planning Department initiated polyester industry research

Jul.

  • Textile Sector : Dongyang Nylon held a completion ceremony of Ulsan Plant

Jun.

  • Textile Sector : Dongyang Nylon introduced its first yarn under the brand name Toplon

Apr.

  • Textile Sector : Ulsan Plant completed BS-1 project (17.5 tons per day)

1967

Oct.

  • Textile Sector : Dongyang Nylon completed all structures at its Ulsan Plant

Sep.

  • Textile Sector : Dongyang Nylon acquired 18,000 Dongyang Caprolactam shares

1966

Nov.

  • Textile Sector : Dongyang Nylon Co., Ltd. incorporated as a company

Sep.

  • Textile Sector : Dongyang Nylon broke ground on the Ulsan Plant

Jul.

  • Trading Sector : Hyosung C&T established a Tokyo office in Japan

1964

Sep.

  • Textile Sector : Hyosung, Korea Nylon, and Hanil Nylon jointly founded Dongyang Caprolactam Co., Ltd.
  • Trading Sector : Hyosung C&T acquired Haedong Refinery Co., Ltd. in Yeongdo, Busan

1957

Feb.

  • Trading Sector : Founded Hyosung C&T Co., Ltd. (CEO Cho Hong-jae)
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