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Hyosung's Automotive Solutions

Since Karl Benz's gasoline car in 1886, the automotive industry has been striving for stronger performance, convenience, safety, and efficient fuel consumption. However, in the modern era, the automotive industry has stepped into a completely different realm of technology called "eco-friendly energy. Various companies are trying to develop cars that use different types of eco-friendly energy, ranging from hybrid cars that use electricity as an assist, electric cars that rely entirely on electric power, to hydrogen cars that come closest to eco-friendly energy. It's not limited to electricity as the sole energy source. Many components in cars inevitably generate carbon emissions during the repair and disposal process, leading to environmental pollution. On the other hand, Hyosung proposes sustainable automotive solutions by applying new materials to these car components.

Introducing Hyosung and its technological expertise in automotive to safeguard our Earth's environment. With our strong technological capabilities, we strive to contribute to a greener automotive industry and a healthier Earth.

Since its establishment, Hyosung Group has grown into a global company, enhancing its competitiveness in various fields, such as textiles, chemical materials, power transmission and distribution equipment, construction, trade, and information communication, for nearly 60 years. It operates 49 production plants, 51 trading corporations and employs over 25,000 employees in 27 countries worldwide.

As a leading company in South Korea with 54 subsidiaries, Hyosung Group, particularly Hyosung TNC, Hyosung Advanced Materials, and Hyosung Chemical, has gained attention as the driving force and a prominent player in the environmentally friendly industry. Hyosung Advanced Materials specializes in the producing and supplying PET tire cord technology, seat belt yarns, and airbag fabrics, maintaining its position as the no.1 provider for the past 20 years. Recently, it has made its presence known in the market of future materials such as "aramid," a fiber stronger than steel, and "carbon fiber," with more than ten times the strength of steel at only 1/4th the weight. This showcases Hyosung Advanced Materials' commitment to "New Safety, New Comfort,'' as it communicates its intention to the public.

Hyosung Chemical operates with a sales structure focused on specialty products and possesses global competitiveness in various products ranging from polypropylene (PP), a key raw material for polyester products, to high-purity terephthalic acid (TPA), PET films for industrial/packaging/optical purposes, nylon films, and specialty gasses like NF3 used in semiconductor displays, as well as TAC films. Additionally, Hyosung Chemical achieved commercialization success with the world's first environmentally friendly ENPLA material, polyketone, under the slogan "The Next Chemistry." Under this slogan, the company is dedicated to developing fine chemical technologies for the next generation. Combining Hyosung Advanced Materials and Hyosung Chemicals, Hyosung's Automotive Solutions offers environmentally friendly solutions.

In addition to the vehicle emissions, worn-out car tires also release lead, heavy metals, and other hazardous substances. Hyosung Advanced Materials is developing technologies for 100% sustainable materials by 2050, using eco-friendly tire reinforcements. Furthermore, they are also developing and supplying eco-friendly seatbelts, airbags, and volunteer products.

1)    Development of Recycled-PET Utilization Products

Since 2020, Hyosung Advanced Materials has been collaborating with partner companies to sort and compress mixed waste plastics to produce flakes. These flakes are then used to develop PET tire cords. We expect recycled PET tire cords to become the next-generation environmentally friendly products, reducing the amount of waste sent to landfills through plastic recycling.

2)    Launch of Lyocell Tire Cords and Bio-PET Utilization Products

With the launch of Lyocell tire cords made from wood cellulose and industrial-grade Bio-PET fibers derived from plant-based Bio-EG, we’re expanding our low-carbon, environmentally friendly tire cord portfolio.

3)    Development of Reduced-Hazard Mixture Solution

To reduce the use of hazardous chemicals that inevitably occur during the process, Hyosung Advanced Materials has developed a mixture solution that extends tire lifespan and contributes to reducing waste tires. This solution does not involve the use of toxic Formalin and incorporates technology to enhance inner liner durability.

4)    Development and Application of Recycled Yarn

Hyosung Advanced Materials, the first in Korea to develop nylon 66 and polyester yarn for airbags, maintains the leading market share in the field. In response to the eco-friendly demands of the current era, Hyosung has made various efforts to develop Recycled Yarn, obtain GRS (Global Recycled Standard) certification, and apply it to their products.

5)    Improving the Marine Environment through Mechanical and Chemical Recycling Methods

Hyosung Advanced Materials utilizes a process called Mechanical Recycle to produce PET using a combination of sorted and compressed waste plastics, known as flakes, which are then transformed into recycled polyester regen yarn. This approach allows for the recovery and recycling of discarded plastics, producing eco-friendly fibers and manufacturing recycled PET tire cords for environmentally friendly seat belts, airbags, and sewing thread products.

Another method is Chemical Recycle, which involves the depolymerizing of discarded fishing nets collected from the ocean to create 100% recycled nylon material. The goal of Hyosung is to establish a model of resource circulation through this process in order to achieve the recycling of waste and the improvement of the marine environment.

6)    Development of Vehicle Floor Mats using Recycled BCF (Bulked Continuous Filament)

Hyosung Advanced Materials is expanding its portfolio of eco-friendly products by utilizing waste materials from fishing nets, extrusion process waste, and recycled chip suppliers. The ultimate goal is to produce car floor mats that are 100% recyclable by using a Recycled PET/NY Chip.

By sorting and compressing mixed waste plastics into flakes, Hyosung Advanced Materials is able to produce PET floor mats and nylon floor mats using depolymerized recycled nylon from discarded fishing nets. Additionally, efforts are being made to replace existing backing materials with recyclable alternatives. Through these initiatives, Hyosung Advanced Materials has achieved a reduction of 64.3% in greenhouse gas emissions for recycled products compared to conventional products and a 28% reduction for chemically recycled products.