Hyosung, supported market discovery of the Jeollabukdo located small and medium-sized companies

Hyosung revealed on 13^th that the company was accelerating discovery of markets for the Jeollabukdo located small and medium-sized companies, using the Jeonbuk Creative Economy Innovation Center as center.

Through this agreement, Hyosung agreed to supply functional yarn to Cotton Queen Co., which then agreed to use this yarn to produce fabric to supply again to Hyosung. The fabric made through cooperation of the two companies will be used for such domestic sportswear as North Face, Columbia and JDX. The scale of supply is about 1.5 billion won corresponding to the quantity of producing 500 thousand clothes.

So far, Hyosung and the Jeonbuk Creative Economy Innovation Center have sought vitalization of specialized industries including carbon fiber to support growth of the Jeollabukdo located small and medium-sized companies. Besides this MOU, Hyosung is actively supporting product development and market discovery in the carbon fiber and food areas.

CES in Jeonju developed the carbon fiber heating cable and is applying it to heating systems such as Paprika farm. Representative Park Jong-oh of this company had conceived heating wire for road to prevent traffic accidents caused by road ice, and developed this to manufacturing of vinyl house warming heating cable.

However, while having no means to find out carbon fiber considered to be the best heating material, CES visited the Jeonbuk Creative Economy Innovation Center and was provided carbon fiber by Hyosung, and finally developed the heating body and made a success in commercialization.

Hyosung and Jeonbuk Creative Economy Innovation Center continue technical support to CES after commercialization, and is providing the required information for entering the market through continuous consulting.