Various stories of activities brought to you by Hyosung Heavy Industries
Hyosung Heavy Industries vowed to strengthen mutual cooperation with partner companies by planting “shared growth trees” in Noeul Park in Sangam-dong, Mapo-gu, Seoul on May 16. The tree planting was held as part of the 'shared growth meeting' that started in 2008. Hyosung Heavy Industries strives to facilitate communication by inviting outstanding partners to biannual meetings and listening to their difficulties.Chairman Hyun-Joon Cho has often mentioned the African proverb, “If you want to go quickly, go alone. If you want to go far, go together,” while vowing that he will "spare no support for overall areas, including technology, system, market exploration, and finance, for firm partnership and shared growth with partners."The event was attended by 30 employees from 18 partner companies, such as Samdong and Dongyang Special Metal, who supply parts and raw materials for Hyosung Heavy Industries' products including ultra-high voltage transformers and circuit breakers. Employees of Hyosung Heavy Industries and the partner companies planted acorn trees in Noeul Park in an effort to restore and preserve the ecological environment of Nanjido.Seo Dong-hyeon of Samdong, who participated in this meeting for the fifth year said, "This meeting helped us network with not only Hyosung Heavy Industries but also Hyosung Heavy's other partner companies. I think closer communication could bring about mutual synergy effects."Since 2008, Hyosung Heavy Industries has invited excellent suppliers to biannual meetings in the first half and the second half of each year. The meeting in the first half consists of outdoor activities, such as hiking a trail or tree-planting, with employees of partner companies, where they can naturally build mutual understanding and discuss work. The second half meeting includes status sharing among CEOs and awarding outstanding partner companies.
A total of 30 articles have been added for reading.
Hyosung Heavy Industries vowed to strengthen mutual cooperation with partner companies by planting “shared growth trees” in Noeul Park in Sangam-dong, Mapo-gu, Seoul on May 16. The tree planting was held as part of the 'shared growth meeting' that started in 2008. Hyosung Heavy Industries strives to facilitate communication by inviting outstanding partners to biannual meetings and listening to their difficulties.Chairman Hyun-Joon Cho has often mentioned the African proverb, “If you want to go quickly, go alone. If you want to go far, go together,” while vowing that he will "spare no support for overall areas, including technology, system, market exploration, and finance, for firm partnership and shared growth with partners."The event was attended by 30 employees from 18 partner companies, such as Samdong and Dongyang Special Metal, who supply parts and raw materials for Hyosung Heavy Industries' products including ultra-high voltage transformers and circuit breakers. Employees of Hyosung Heavy Industries and the partner companies planted acorn trees in Noeul Park in an effort to restore and preserve the ecological environment of Nanjido.Seo Dong-hyeon of Samdong, who participated in this meeting for the fifth year said, "This meeting helped us network with not only Hyosung Heavy Industries but also Hyosung Heavy's other partner companies. I think closer communication could bring about mutual synergy effects."Since 2008, Hyosung Heavy Industries has invited excellent suppliers to biannual meetings in the first half and the second half of each year. The meeting in the first half consists of outdoor activities, such as hiking a trail or tree-planting, with employees of partner companies, where they can naturally build mutual understanding and discuss work. The second half meeting includes status sharing among CEOs and awarding outstanding partner companies.
Hyosung is holding an SNS event titled “Green Earth Drawn by Us” for netizens from May 10 to 26. Participants who share the posting of Hyosung’s eco-friendly idea contest “2019 Green Earth Drawn by Hyosung” will receive an AirPod or coffee vouchers as a giveaway through a draw. If you would like to participate in the event, please visit Hyosung’s blog (http://blog.hyosung.com) or Facebook (http://www.facebook.com/myfriendhyosung).Hyosung has continued to engage in various eco-friendly projects, such as polyketone produced with carbon monoxide in the chemical sector, a recycled polyester yarn “regen” in the textile sector, the hydrogen recharging station business in the heavy industry sector, and tire cord made with lyocell extracted from wood in the advanced materials sector. The “2019 Green Earth Drawn by Hyosung” contest is divided into three categories: Solutions to climate change including fine dust, eco-friendly ideas related to the hydrogen economy or Hyosung’s businesses, and the new video category. Applications will be received until May 31, and any college (graduate) students nationwide can participate. Marking its third edition, Hyosung’s eco-friendly idea contest began in accordance with Chairman Hyun-Joon Cho’s belief in eco-friendly management and green management policies with the aim of raising awareness of environmental issues among college (graduate) students and increasing communication with young talents.
Hyosung Chairman Hyun-Joon Cho is launching his foray into the European outdoor clothing market with the functional materials of Hyosung TNC.Hyosung TNC will participate in Performance Days, a functional textile exhibition in Munich, Germany, from May 8 to 9. Performance Days, which was first held in 2008, introduces functional materials that are applied to sportswear, outdoor wear, and work clothes. This year, 297 companies from 29 countries will participate, including Lycra, Unifi, Lenzing, and 3M. Hyosung TNC has set up a booth in Performance Days for the first time this year in an effort to expand marketing activities centering on the outdoor clothing market.In line with the exhibition theme "Beauty of Function," Hyosung TNC will present a variety of products with complex functions that are suitable for outdoor activities, such as cold sensation (giving a cool feeling), UV resistance, quick sweat absorption and drying, and deodorization (neutralizing sweat smell), as well as designs wearable in daily life.In reflection of the eco-friendly trends in the fashion industry, Hyosung will also introduce regen®, a recycled polyester yarn using plastic bottles MIPAN® regen®, a recycled nylon yarn made by reprocessing waste generated in the manufacturing process creora® eco-soft that can be made at lower temperatures than ordinary spandex, thereby saving energy creora® Black, a black dope dyed yarn that doesn't need extra dyeing, thereby saving water.Chairman Hyun-Joon Cho said, "Today's customers are looking for products that can satisfy both functionality and design, not just one of them. We hope that customers will have the experience of consuming 'value' by purchasing eco-friendly products. Through this exhibition, Hyosung TNC will seek to better understand customers' needs and offer products that can lead industry trends."This year, Hyosung TNC is engaging in marketing activities with the slogan "CONNECTED BEYOND," which means going beyond limited boundaries. The company plans to introduce Hyosung TNC spandex, nylon, and polyester yarns, centering on three themes: "Protect the Body" from climate change and pollution, sustainable fashion "ECO-nomy," and "Spotlight" that highlights the recent fashion trends.Since his inauguration, Chairman Cho has been actively pursuing overseas expansion by visiting global exhibitions himself, stressing that "we should meet our customers directly to hear their voices."
Hyosung announced on April 25 that it will establish a dedicated organization (production technology center) to improve production technology. The production technology center is aimed at strengthening the group's technological competitiveness and fostering professionals for core technical elements by linking Hyosung R&DB Labs and factories (production unit). The center will not only review equipment related to production technology but also perform simulation and devise measures in response to any changes in design and specifications. This is designed to increase efficiency by reducing errors that may occur when applying R&DB Labs' research results to factories directly and to secure a professional workforce in preparation for future expansion.Hyosung aims to establish the center in June with about 25 employees, including researchers at Hyosung R&DB Labs as well as technical and production team members of the textile, industrial materials, and chemicals plants.Hyosung Chairman Hyun-Joon Cho has stressed the importance of technology since his inauguration by saying, "The proprietary materials developed by Hyosung are the basis of innovative products and the key to building the company's competitiveness ahead of rival companies. In order to improve the competitiveness of quality and products, we must have underlying technologies."Led by Honorary Chairman Seok-Rae Cho, Hyosung established R&DB Labs, Korea's first private research institute, in 1971. Since then, R&DB Labs has been responsible for the research and development of chemical fibers, electronic materials, and industrial new materials. By developing original technologies for spandex and polyester tire cords, R&DB Labs laid the technological foundation for Hyosung's global No.1 products.
Some Sevit will hold a spring flower festival titled "Sevit Spring Blossom" for about a month until May 26, where citizens and tourists who visit the Han River can enjoy spring to the fullest. The Sevit spring flower festival which was first held last year received a lot of attention as it attracted a daily average of 3,000 people during the weekdays and more than 10,000 people during the weekends and holidays. This year, Some Sevit is decorated with spring flower pots inscribed with sense-awakening messages, a garden with 3,650 LED roses which symbolizes blossoming love every day, and a tunnel adorned with red roses, inviting visitors to a spring-filled atmosphere once again. During the festival, "Sevit Flea Market," where merchants sell their handmade goods, is held every Friday, Saturday, and Sunday. On weekend evenings, visitors can also enjoy free "Spring Flower Busking" performances of talented indie musicians, including PLZY, Blue Mangtto, and Seokman Cheon. To mark Children's Day, Some Sevit will also hold various events for visitors with children from May 4 to 6, including giving out long-legged Pierrot balloons, a magic show, and a mime performance. On the same evenings, splendid fireworks will be seen across the spring night sky. A Some Sevit official said, "We hope that visitors will be able to relax a while from their hectic daily lives while fully enjoying spring at Some Sevit. We will continue to prepare seasonal festivals where citizens and customers who visit the Han River can enjoy a fresh atmosphere each season."Currently, a variety of shops are available at Some Sevit, which is run by Hyosung TNC, including premium buffet "Chavit Cuisine," Italian restaurant "Ola," handmade bakery cafe "Cafe Dolce," dessert cafe "Dolce Bambina," luxury yacht "Golden Blue Marina," "Tubester" for water leisure sports, "FIC" for weddings and banquets, and casual restaurant "Vista."
Hyosung Heavy Industries Corporation has announced the entry of their industry-leading Energy Storage Systems (ESS) into the fast-growing U.S. market. The ESS department, part of Hyosung Heavy Industries Corporation’s Power and Industrial Systems Performance Unit, recently formed and opened their business in the U.S. The ESS division of Hyosung Heavy Industries Corporation offers a diverse product line which includes their Power Conditioning Systems (PCS). These advanced products range in size from 125kW (kilowatts) to over 2MW (megawatts) and serve the commercial, industrial, and utility-scale markets. In addition to their PCS, the company also manufactures the Power Management Systems (PMS), which are used to communicate and optimally control the hardware and batteries. The cutting-edge energy storage products can be paired with renewable generation sources such as solar PV in a microgrid configuration or be used as a stand-alone battery storage system. As the need for more efficient use of renewable and clean power increases in the U.S., Hyosung’s advantages of company strength and product experience will be valuable assets to utilities and commercial customers alike. The company’s ESS provides economic savings as well as services for the grid such as increased power quality and demand response.In 2018, the U.S. market installed approximately 780 MWh (megawatt-hours) of energy storage systems, and is projected to continue to grow rapidly up to 4.4 GW and to nearly $4.5B by 2024. Hyosung has a highly successful track record that includes over 1,280 MWh of ESS deployed over the last decade. They have been the largest whole-system ESS supplier in S. Korea, which in 2018 was the world’s biggest energy storage market. The U.S. market is projected to become the largest in 2019. Hyosung USA ESS Contact: Justin MillerManager of Sales & Marketing949-336-6327 essinfo@us.hyosung.comHICO America ESS Contact:Jason E. NealVice President412- 787-1170 x204jneal@hicoamerica.com
