History

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2025

Feb.

Commercial production of the fifth machine of film at the Quzhou Factory, NY Film.

2023

Dec.

Commercial production of the fourth machine of film at the Quzhou Factory, NY Film.

2022

Oct.

Declared support for TCFD as a response to climate change

Apr.

Participated in the 19th Ethical Management CEO Pledge Ceremony

Mar.

Pledged to end corruption at the BIS Summit 2022

Held the 4th annual general meeting

2021

Oct.

Obtained an A+ rating in the ESG evaluation performed by the Korea Corporate Governance Service

Apr.

Participated in the Chinaplas 2021

Mar.

Held the 3rd annual general meeting

2020

Dec.

Hyosung Group donated KRW 1 billion to neighbors at the year-end

Jun.

Hyosung Chemical and the Korea Institute of Science and Technology developed packaging film with a gas barrier

Apr.

Signed an MOU with the Linde Group to promote liquid hydrogen business

Mar.

Held the 2nd annual general meeting

2019

Dec.

Published the Sustainability Report 2018

Jul.

Held a CEO seminar for institutional investors

Jun.

Established the “Production Technology Center” for textile, industrial materials, and chemical PG

May.

Participated in the Chinaplas 2019, a plastic and rubber industry expo in Guangzhou, China

Mar.

Held the 1st annual general meeting

Feb.

Held Corporate Day in Singapore and Hong Kong

2018

Dec.

TOPILENE R200P, an ultra-high-pressure pipe resin for cold and hot water pipelines, designated as the World Class Product of Korea

Oct.

Held IR for institutional investors in Singapore and Hong Kong

Merger of Hyosung Vina Chemicals Port Co., Ltd.

Sept.

Acquired 100% of Hyosung Vina Chemicals Port Co., Ltd.'s equity

Aug.

Commercial production of the third machine of film at the Jiaxing Factory, NY Film.

Aug.

Held a securities firm analysts' meeting

Held Corporate Day, a joint corporate meeting between four Hyosung subsidiaries

Jul.

Re-listing in the stock market

Jun.

Re-listing in the stock market

Board of Directors in lieu of initial shareholder meeting

Equity spin-off of Hyosung Co., Ltd.

May.

Established Hyosung Vina Chemicals

Feb.

Commercial production of the second machine of film at the Jiaxing Factory, NY Film.

2016

Jul.

Established NF3 production plant in Quzhou, Zhejiang, China

Jan.

Completed the expansion of NF3 and PP plant in Yongyeon, Ulsan

2015

Dec.

Neochem PU entered into a two-year supply agreement worth USD 10 million with Air Liquide, a French multinational supplier of gas products and related equipment

Jun.

Commenced the operation of POKETONE™ commercialization plant in Yongyeon Plant, Ulsan (annual production: 50,000 tons)

2014

Nov.

World's first to commercialize polyketone, a new polymer

Oct.

Commercial production of the second machine of PET film at the Yongyeon Factory.

Feb.

Neochem PU won the Best Partner Award 2014 at the Samsung Electronics Outstanding Partner Awards

2013

Dec.

Completed the engineering design for the POKETONE™ commercialization plant Formed the POK Business Group

Jun.

Commercial production of the first machine of PET film at the Yongyeon Factory.

Jun.

Neochem PU won the Global Preferred Supplier Award 2012 hosted by Linde (a German multinational supplier of gas products and related equipment)

2012

Dec.

Acquired Shinhwa Intertek Co., Ltd.; Packaging PU produced 1 billion units of aseptic beverages; Won the silver prize at the Korea Technology Award for TAC film for LCD

Nov.

Won the IR52 Jang Young-sil Award for high-efficient platinum catalyst for propane dehydrogenation

Mar.

Built POKETONE™ manufacturing facilities in Yongyeon Plant, Ulsan (annual production: 1,000 tons)

2009

Dec.

Two items designated as the Next Generation World Class Products of Korea by the Ministry of Knowledge Economy: Stretchable polyester Xanadu and high gas barrier multi-layer technology

Oct.

Yongyeon Plant 2 awarded the title of Eco-Industrial Park (EP) Green Technology Contributor by the Minister of Knowledge Economy in 2009

Chemical PG Yongyeon Plant 2 awarded the title of Eco-Industrial Park (EP) Green Technology Contributor

2008

Apr.

Yongyeon Plant 1 designated as an eco-friendly business

Jan.

Commenced research and development of POKETONE™

2007

Jun.

Chemical PG Yongyeon Plant entered into the voluntary agreement to reduce chemical releases

2006

Dec.

Polypropylene (PP) product R200P designated as the World Class Product of Korea by the Ministry of Trade, Industry and Energy in 2006

Apr.

Acquired a portion of Agfa Photo's assets in Germany

Mar.

Established a POKETONE™ bench-scale polymerization facility (R&D center in Anyang; annual production: 10 tons)

2005

Jun.

Ultra-high-pressure PP pipe resin for cold and hot water pipelines designated as the World Class Product of Korea

PP/DH PU Yongyeon Plant in won the grand prize at the 2nd Korea Industrial Equipment Management Technology Competition

Jan.

Commercial production of the first machine of film at the Jiaxing Factory, NY Film.

2004

Dec.

Developed PET heat shrinkable film and catalyst for PP polymerization

Film PU completed the construction of nylon film plant in Gumi

Oct.

Commercial production of Nylon Film at the Gumi Plant (Film PU)

Oct.

PP/DH PU Yongyeon Plant obtained ISO 9001 (Quality management system) and ISO 14001 (Environmental management system) certifications

Jun.

TPA PU awarded the grand prize at the Korea Industrial Equipment Management Technology Competition

2003

Dec.

Acquired KT Mark for PP composition for medical use

Nov.

POKETONE™ Lab. commenced research and development

Jun.

Plastic Surgery PU acquired ISO 9001 certification

May.

Film PU established Hyosung Thin Film Ltd. in Jiaxing, China

2002

Nov.

TPA PU Yongyeon Plant 2 awarded the grand prize in the Corporate Category at the 15th TPM World Competition

2001

Oct.

PP/DH PU developed the world's third and Asia's first R200P, a PP material for underfloor heating and cold/hot water pipelines

Jul.

PP/DH PU developed the world's second heat-sealable resin capable of low-temperature bonding

Film PU acquired ISO 9001 certification

2000

Dec.

Chemical Research Institute developed new PP catalysts

Nov.

Chemical PG Yongyeon Plant 2 celebrated 100 tons of PAT production

Mar.

Chemical Research Institute developed Korea's first PET bottles (240 ml) for milk

1999

May.

Packaging PU sold more than 100 million PET bottles a month

1998

Nov.

Hyosung T&C, Hyosung Trading, Hyosung Life Industries, and Hyosung Heavy Industries merged with Hyosung Co., Ltd. (5 PGs and 31 PUs)

May.

Acquired KT Mark for PP polymer

1997

Jun.

Commenced the operation of polyester film plant in Gumi

May.

Commenced the operation of polyester film plant in Gumi

1996

Nov.

Added polypropylene (PP-2) line in Yongyeon Plant 1

Apr.

Acquired the first ISO 9001 certification in the Korean chemical fiber industry

Mar.

Completed the construction of PET bottle production plant in Daejeon

1993

Jul.

Adopted Japanese company JSW's technology to develop a chip for manufacturing biaxially stretched nylon film

1991

Sept.

Yongyeon Plant commenced propylene production for commercial purpose

Apr.

Yongyeon Plant commenced PP shipping

Mar.

Yongyeon Plant commenced PP shipping

1990

Dec.

Completed the construction of propylene plant in Yongyeon, Ulsan

1989

Feb.

Adopted US company UOP's technology, propane dehydrogenation

1985

May.

Expanded Eonyang and Bupyeong Plants (restructured into PET bottle production plants)

1984

Dec.

Developed PP and epoxy resins

1983

Sept.

Completed the construction of Korea's first compounding plant in Anyang

1981

Dec.

Published and circulated Korea's first Total Quality Control (TQC) guidelines

May.

Acquired US FDA approval for two types of PET resins for soft drinks

1979

May.

Developed a chip for manufacturing PET bottles

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