DUCATI HYOSUNG

TODAY WE ARE TALKING ABOUT DUCATI HYOSUNG

Hyosung Corporation is a South Korean industrial conglomerate, founded in 1966. It operates in various fields, including the chemical industry, industrial machinery, IT, trade, and construction. It is known in Korea mostly for high-end apartments and automatic teller machines. Its CEO is S. R. Cho (조석래).

HISTORY

 World's first polyketone developed and commercialized^[Product strategy award won for ESS project (Energy Storage System) at the 2013 Frost & Sullivan Korea Excellence Awards; Award for '2012 Global Preferred Supplier' won by Neochem PU; Industry Innovation Movement 3.0 joined with MOU signed for shared growth fund donation; Carbon fiber plant completed in Jeonju; Carbon fiber brand 'TANSOME' launched; Hyosung Harington Place sold by Construction PU and Chin Hung International after opening a model house in Chilgok and Okdong in North Gyeongsang Province

2012. Selected as the 'charging system business' of Korea Electric Power Corporation's (KEPCO) EV sharing pilot project; Neochem PU won '2011 Global Most Improved Supplier' award from LINDE in Germany; Power & Industrial Systems PU R&D Center commercialized 1 kW dual cell stack for home fuel cells; Industrial Machinery PU signed an agreement with Korea Gas Safety Corporation to obtain IECEx and ATEX for 25 electric motor types; Packaging PU launched new beverages (including Del Monte Cold); Power & Industrial Systems PG signed a contract for electrical power grid construction in Qatar; Power & Industrial Systems PG delivered the first product of its solar inverter; Vietnam Smile Expedition won KPRA Korea PR Awards for its Global PR; Company newsletter <HYOSUNG> won 'Chairman's Prize of Korea Clean Contents National Movement Association' in Company Newsletter of '2012 Korea Communication Awards'; Tire & Industrial Reinforcement Materials PU completed construction of Thailand JV steel cord plant with SEI; Packaging PU produced Seoul Dairy Cooperative's new Dotoru products; Nautilus Hyosung won the '2012 Red Dot Design Award

2011. Gwangh yewon factory introduces PS Call-based quality control system; Power & Industrial Systems PG has signed an MOU with Electric Insulation Research Center, Seoan Traffic University for joint research and development; Tire & Industrial Reinforcements PU extends its MOU with Michelin for another 5-year’s supply; Gwangh yewon factory selected as Best Partner for Clients 2010; Three types of intelligent electronic devices for automation of digital transformation acquired IEC 61850 from KEMA, the Dutch-based international certificate authority; Nautilus Hyosung signs an MOU with SKT for ‘Smart Branch’; Donated 500 million won to “Bridge of Hope Korea Disaster Relief Association” for the flood damage recovery; Developing the country’s first Carbon Fiber; Built spandex plant in Brazil

2010. Received Tower of Exports Order for $4 Billion in exports(The 47th Annual Trade Day); Built steel cord plant in Vietnam Signed agreement to build spandex plant in Brazil; Signed contract to build electrical power grid in Qatar; Launched transformer substation construction project in Algeria; Supplied 50MVA STACOM to KEPCO for the first time in Korea; Hyosung EBARA Engineering launches sewage treatment business in Algeria; Participated in 2010 Shanghai Expo; Hyosung R&D Business Labs received Awards for Creativity in Science and Technology and Honors from Vice-Minister of Education, Science and Technology for developing the country’s first TAC film

2009. Declared the Hyosung Way; Built aramid fiber plant; Built TAC film plant; Hyosung Capital merged with Star Lease Co., Ltd.; Established Hyosung Toyota; Signed MOU to build power generation and wind turbine plant with Korea Southern Power Co.; Received international certification for 750 kW gear-type wind turbine(DEWI-OCC, Germany); Xanadu polyester fibers selected as Next-Generation World-Class Product by Ministry of Commerce; High barrier gas multi-layer for PET beer bottles selected as Next-Generation World-Class Product by Ministry of Commerce; Hyosung R&DB Labs received Presidential Award for Merit of promotion of Science and Technology (Korea Industrial Technology Association)