Hs Hyosung Advanced Materials Company Description
Hs Hyosung Advanced Materials, together with its subsidiaries, engages in the business of industrial materials in Korea, Asia, Europe, and internationally.
It offers textile cords, including PET, nylon, and aramid and hybrid tire cords, as well as steel cords and bead wires for tire reinforcement.
The company also provides automotive yarns comprising polyester yarn for seatbelts and airbag yarns; and industrial yarns, such as sewing threads, recycled PET sewing threads, and fine denier yarns.
In addition, it offers automotive carpets that include floor and optional mats; commercial carpets, which consist of swan roll carpets, swan tile carpets, and swan mats; and yarns for carpets, including nylon BCF, PET BCF, and polypropylene BCF yarns.
Further, the company provides carbon materials comprising standard modulus, intermediate modulus, and tensile carbon fiber products under the TANSOME brand name; aramid yarn under the ALKEX brand name; and airbag fabrics and cushions.
It serves various industries, such as the automobile, civil engineering, architecture, construction, and transportation industries.
The company was formerly known as Hyosung Advanced Materials Corporation and changed its name to Hs Hyosung Advanced Materials in September 2024.
Hs Hyosung Advanced Materials is based in Seoul, South Korea.
| Country | South Korea |
| Founded | 2018 |
| Industry | Textile Manufacturing |
| Sector | Consumer Discretionary |
| Employees | 953 |
| CEO | Yong-Soo Cho |
Contact Details
Address: 119, Mapo-Daero Seoul, 04144 South Korea | |
| Phone | 82 2 707 6114 |
| Website | hyosungadvancedmaterials.com |
Stock Details
| Ticker Symbol | 298050 |
| Exchange | Korea Stock Exchange |
| Stock Type | Common Stock |
| Fiscal Year | January - December |
| Reporting Currency | KRW |
| ISIN Number | KR7298050006 |
| SIC Code | 2800 |
Key Executives
| Name | Position |
|---|---|
| Nakyang Seong | Chief Executive Officer, Head of Tire Cord PU and Executive Director |
| Yong-Soo Cho | Chief Executive Officer |
| Songjoo Choi | Chief Technology Officer, CPO and Head of Domestic and International Expansion & Carbon Aramid PU and Executive Director |