Hyosung Advanced Materials Signs Carbon Fiber Supply Contract Worth 157.2 Billion KRW

[Asia Economy Reporter Minwoo Lee] Hyosung Advanced Materials announced on the 5th that it has signed a carbon fiber supply contract worth 157.2 billion KRW with Hanwha Solutions. This amount corresponds to 6.56% of last year's consolidated sales. The company explained, "This is a contract to supply carbon fiber products produced by our company to Hanwha Solutions for six years," adding, "The contract amount is the total cumulative supply amount over the contract period (6 years)."