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• SHENYANG MOTOR SOLD EQUITY TO HYOSUNG POWER

  - 2007-10-03

  AsiaInfo Services 10-03-2007 Shenyang Motor Sold Equity to Hyosung Power SHENYANG, Oct 03, 2007 SinoCast via COMTEX -- Chinese motor manufacturer Shenyang Electric Motor Co., Ltd. officially sold its 72.67% state-owned stake and related businesses to Hyosung Power Holdings, Ltd., an...

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• Hyosung to expand spandex plant in Guangdong.(NEWSDESK: Futures)(Brief article)

  - 2007-05-26

  Korea's Hyosung Company plans to produce high value added spandex for swimwear, lingerie, and hosiery. It will invest US$35 million to expand its Guangdong plant in Zhuhai, Guangdong province, which is scheduled for startup in September 2007, with an expansion capacity of 5 000 t/a from...

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• Hyosung stretches capacity for spandex fibre in China, Turkey; Korean firm buys unit in China, adds new plant in Turkey to take its total spandex capacity to 87 kilotonnes per year.(far east newslines)(Brief article)

  - 2007-04-01

  Seoul -- Hyosung, a South Korean conglomerate with activities in textiles, chemicals, construction and industrial materials, is investing S215 million to expand its presence in the global spandex business. The moves include taking over Tongkook Spandex in Zhuhai, China, expanding capacity there, and establishing...

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• $80 million deal for tire fabric unit.(news & notes)(Goodyear Tire and Rubber Co.)(Hyosung Corp)(Brief article)

  - 2006-10-01

  The Goodyear Tire & Rubber Co. has agreed to sell its global tire fabric operations to Hyosung Corp., pending government and regulatory approvals. Goodyear and its affiliates will receive approximately $80 million for their tire fabric manufacturing plants and assets, which include operations...

  Tags: Goodyear Tire & Rubber Co., Hyosung Corp.

• Auto News digest.(Hyosung Group to acquire Goodyear Tire and Rubber Co.)(Nissan North America Inc.)(Ford Motor Co.)

  - 2006-09-11

  Goodyear will sell tire-fabric unit AKRON, Ohio - Goodyear Tire & Rubber Co. has agreed to sell its global tire-fabric operations to Hyosung Corp. for about $80 million and sign a tire-fabric supply deal with the South Korean company, Reuters reported. The largest U.S....

  Tags: Ford Motor Co., Goodyear Tire & Rubber Co., Hyosung Corp., Nissan Motor Co. Ltd., VW

• United Motors, Hyosung announce agreement.(HOTNEWS)(Hyosung Motors and Machinery, Inc.)(Brief article)

  - 2006-04-24

  United Motors, Inc., supplier of motorcycles, scooters and ATVs sold under the UM brand name, and Hyosung Motors & Machinery, Inc., Korea's largest manufacturer of two-wheel motorcycles and ATVs sold under the Hyosung brand name, announced a "cooperation agreement" they say was designed to increase their...

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• Hyosung enters U.S. with direct distribution.(MOTORCYCLE)(Company Profile)

  - 2005-12-26

  Hyosung Motors and Machinery, Inc. has formed Hyosung USA, a wholly owned subsidiary based in Augusta, Ga., to import and distribute the Korean brand in the United States. With an annual production capacity of 250,000 units, Hyosung Motors currently sells product in 85...

  Tags: AlphaSports, Hyosung Corp.

• Korea: Hyosung Entering Airbag Market

  - 2005-10-01

  Hyosung Corporation is entering the airbag fabric market, of which Kolon Industries, Inc. holds a predominant share, and this is expected to intensify competition hereafter. The Korean airbag fabric market is estimated to be 60 billion won. Kolon entered this market in 1998, and has virtually had a monopoly on...

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• China: Anti-Dumping Duty Rates on Hyosung Reduced

  - 2005-07-01

  The Chinese Ministry of Commerce reduced the anti-dumping duty rates imposed on polyester chips which Hyosung Corporation of Korea is exporting to China from 52% to 26% from April. China decided to impose antidumping duties on Korean-made polyester chips on February 27, 2003. The anti-dumping duty rates were: 5% for...

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• HYOSUNG ADDS TWO INVISTA EXECS.(APPOINTMENTS)(Brief Article)

  - 2005-05-16

  Byline: Marilise Gavenas NEW YORK -- Fueling sudden growth in its American and European marketing efforts, the world's second-largest spandex maker, Hyosung, has added key personnel from Invista, the world's largest spandex maker. Ria Stern, who started...

  Tags: E.I. Du Pont de Nemours & Co., Hyosung Corp., Invista