Hyosung, massive demonstration of yarn for auto parts in the ‘Techtextil’ of Germany

Hyosung announced on 6^th that the company participated in ‘Techtextil 2015’, world’s largest industrial fiber exhibition held in Frankfurt, Germany from May 4^th to 7^th and massively demonstrated industrial yarns used as vehicle-related materials such as seatbelt yarn, airbag yarn and carbon fiber, to find new customers.

Techtextil is an exhibition introducing industrial fiber and non-woven fabric used as subsidiary materials for agriculture, construction and civil engineering, and is held every two years since it was first opened in 1986 in Frankfurt, Germany. This year, 1,330 companies from 48 countries all over the world participated to receive about 30 thousand visitors.

In this exhibition, Hyosung actively sought to secure new customers for seatbelt yarn and airbag yarn. Hence, the company can now expect synergy effect creation through securing competitiveness over the overall industrial yarns used for vehicles along with world’s No.1 product tire-cord.

For this purpose, Hyosung held the ‘Hyosung Night’ in the evening of 5^th (local time in Germany) for 200 guests from main client companies including fabric manufacturers and auto part manufacturers. Hyosung Night, this year it was the 3^rd event, has been used as the opportunity that Hyosung introduces products developed by its own technology such as carbon fiber and aramid for customers in the associated industries and builds cooperative relationship with client companies. Also, as a place of exchange where client companies from the same industry can make mutual communications, this event has provided the opportunity of checking trends of the overall industrial yarns.

Head of Industrial Materials PG, Cho Hyun-sang (Vice President) said, “We are happy to be able to introduce consistently the excellent quality and technology of Hyosung’s industrial yarn through participation in this 30 year old world’s largest industrial fiber exhibition,” and “We were able to do both relationship strengthening with the previous customers and finding new customers simultaneously through ‘Hyosung Night’, invitation event for our customers.”