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Get a closer >Hyosung TNC Unveiling the First-Ever Regen Manufacturing Process at 'Seoul Fashion Week' 2024.11.20 Hyosung TNC is set to unveil the first-ever manufacturing process of Regen, Korea's leading recycled textile brand. On the 27th, it announced that it will participate in the ‘2025 S/S Seoul Fashion Week’ held at Dongdaemun Design Plaza in Seoul on September 4, and focus on introducing Hyosung’s recycled textile technology as a pioneering leader in the global sustainable market. In particular, at this exhibition, Hyosung TNC plans to showcase the manufacturing process of ‘Regen Ocean,’ a nylon fiber made of recycled fishing nets that is the world’s first to be successfully developed since 2007, and ‘Regen Polyester,’ a polyester fiber made of recycled PET bottles that is Korea’s first to be successfully developed since 2008. Seoul Fashion Week is the largest global fashion business event in S. Korea organized by the Seoul Metropolitan Government, with 120 global buyers from around the world to be joining this year. Additionally, Hyosung TNC will showcase the first-ever products that apply ‘textile-to-textile’ (textile recycling), a next-generation eco-friendly textile technology that circulates textile waste generated during the clothing manufacturing process and regenerates it into textile fibers. It plans to collaborate with fashion startup ‘Montsenu’ to exhibit the first-ever T-shirts made of recycled bedding and clothing discarded from hotels. Additionally, it will showcase various Regen-applied products such as Regen Ocean, Regen Polyester, and ‘Regen Bio Spandex’ made of sorghum and sugarcane. CEO Chi-hyung Kim of Hyosung TNC said, “Our company has contributed to expanding its foothold by pioneering the global market for recycled textile fibers,” and added, “We will now solidify our position as a world-class leader of the global trend in the sustainable fashion market by actively developing recycling technologies throughout the entire process from textile manufacturing to disposal.”
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Get a closer >Hyosung TNS Acquired Information Security Certification ‘ISO 27001’ 2024.10.16 On the 16th, Hyosung TNS, Hyosung’s financial IT affiliate, announced that it has acquired ‘ISO27001’ certification, which is an international information security management standard established by the International Organization for Standardization (ISO) and the International Electrotechnical Commission (IEC). It is the most authoritative international certification in the field of information security The ISO 27001 certification at hand was achieved through a rigorous audit review by DNV, an international expert audit agency, to reliably accredit the security management system of Hyosung TNS for complying with international standards in terms of the confidentiality, integrity, and availability of information assets. Given that Hyosung TNS handles financial information through its ATM business, this international certification for information security has been proactively acquired to ensure customer trust. Based on the technology and know-how accumulated over a long time in the financial automation system field, its competitiveness in the information security field has been enhanced further. CEO Bryan Choi of Hyosung TNS said, “By acquiring this certification, Hyosung TNS has further enhanced its reputable reliability in customer information protection and risk management,” and added, “We will continue to maintain customer trust through systematic security management and delivered innovative solutions in the future, while safely protecting customers’ valuable information and data.”
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Get a closer >Hyosung Group Hyosung Fostering Long-Standing Partnership with Vietnam for 100 Years 2024.10.15 On the 14th, Hyosung Chairman Hyun-joon Cho met with Prime Minister Pham Minh Chinh in Hanoi, Vietnam to discuss business cooperation plans. In attendance at this meeting were Chairman Cho, Vice Chairman Sang-woon Lee, and other Hyosung executives, as well as Prime Minister Pham Minh Trinh and ministerial and vice-ministerial officials from the Vietnamese government. Hyosung officials requested for keen interest and support for promoting its existing flagship business sectors driven by ongoing investments in Vietnam, as well as the group’s future new business areas, such as the eco-friendly cutting-edge material bio BDO (butanediol), renewable aviation fuel SAF (sustainable aviation fuel), and data centers. At this time, Chairman Cho said, “Since Hyosung entered into Vietnam in 2007, it has grown into a company with annual sales of USD 3.7 billion in Vietnam alone,” and added, “As Prime Minister Pham Minh Trinh noted on his visit to South Korea, we share his aspiration that cooperation in various fields, such as securing supply chains between the two countries, responding to climate change, and transitioning to a digital economy is crucial for the next 30 years. As such, Hyosung seeks to chart its 100-year future in Vietnam and contribute to economic development in Vietnam by making more investments than its existing amount.” Prime Minister Pham Minh Trinh said, “I highly value the effective corporate investment efforts and social contribution activities that Hyosung has undertaken so far,” and added, “Our government will actively support Hyosung’s ongoing investments and future business areas with keen interest.” Since Hyosung first entered Vietnam in 2007, it has made ongoing investments totaling USD 4 billion throughout Vietnam toward its flagship business sectors, such as spandex, heavy electrical equipment, chemical products, and IT, in addition to future business areas, such as the eco-friendly advanced raw material bio BDO and data centers.
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Get a closer >Hyosung Group Hyosung, Happy Excursion with Families of Children with Disabilities 2024.09.30 Hyosung staged the '2024 Hyosung-Purme Foundation Family Excursion' with families of children with disabilities affiliated with the Purme Foundation on an excursion to Hongcheon, Gangwon-do for two nights and three days from September 27 to 29. A total of 65 people participated in this trip, including 10 families of Hyosung employees and 10 families of children with disabilities. Families from each respective group paired up to travel together for two nights and three days in the Hongcheon area. The families enjoyed recreational activities such as playing on water rides, making pizza, and feeding animals at Vivaldi Park, Ocean World, and Yangpyeong Imsil Cheese Village. A parent of a child disabilities who participated in the event said, “For the past 10 years, I have been hastily focused on my child’s treatment without pause, so I regarded travel as a luxury, but having taken this trip, I was able to relieve stress and revitalize my vigor to return to my routine life and live with joy.” Since 2013, Hyosung has supported the rehabilitation treatment costs for children with disabilities in their growth stages in tandem with the Purme Foundation. Since 2015, it has been conducting family excursions every year for children with disabilities who have difficulty traveling due to their usual rehabilitation treatment schedules, wheelchairs, etc., non-disabled siblings who tend to be more reclusive, and parents of children with disabilities who have difficulty traveling due to time and financial difficulties. Meanwhile, Hyosung persistently undertakes social contribution activities for the rehabilitation and welfare of people with disabilities by supporting the production of barrier-free movies for the visually and hearing impaired to also enjoy them, sponsoring the creative activities of artists with disabilities at the Seoul Disability Art Center, and empowering its employees to assist with outdoor activities for children at disability-geared daycare centers every month.
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Get a closer >Hyosung Chemical Co., Ltd Taking Action to Preserve the DMZ Ecosystem 2024.09.27 Hyosung Chemical is teaming up with the Korea National Arboretum affiliated with the Korea Forest Service to take up measures for improving the ecosystem environment of the Demilitarized Zone (DMZ). On the 26th, at Hyosung Chemical's headquarters in Seocho-gu, Seoul, Hyosung Chemical signed a mutual cooperation agreement (MOU) with the Korea National Arboretum for forest ecosystem restoration and biodiversity preservation in the DMZ area. CEO Geon-jong Lee of Hyosung Chemical and Director Young-seok Lim of the Korea National Arboretum attended the signing ceremony. This agreement was signed to promote participation in activities to protect the natural ecosystem and preserve biodiversity as part of ESG management. The two entities will undertake joint cooperation for ESG management practices, such as ▲restoring the ecosystem of the DMZ wasteland and forest damage areas, ▲securing native plant seeds for forest ecosystem restoration, and ▲forming a social consensus on the importance of preserving biodiversity. CEO Geon-jong Lee of Hyosung Chemical said, "The importance of forest ecosystems in the face of climate change is amplifying. Amid this increase, we have decided to team up with the Korea National Arboretum to actively participate in preserving the DMZ, a global ecosystem repository ,” and added, “We are committed to strengthening ESG management through various activities to preserve the ecosystem and biodiversity well into the future.” Meanwhile, Hyosung Chemical has continued to undertake projects for environmental protection and biodiversity preservation with Hyosung Heavy Industries, Hyosung TNC, and Hyosung Corporation, its holding company . Since 2022, it has been undertaking conservation and coastal cleanup activities for sea squirts, known as blue carbon, a carbon absorber in the marine ecosystem. In addition, it has persistently contributed to building a healthy ecosystem for future generations through activities to support the feeding and treatment of winter migratory birds designated as endangered species and ensure wetland preservation to protect their habitats.