Hyosung TNC Decides to Invest 150 Billion KRW in Hyosung Dongnai Nylon

[Asia Economy Reporter Lee Jung-yoon] Hyosung TNC announced on the 19th that it has decided to invest 150 billion 287.2 million KRW in its Vietnamese nylon manufacturing and sales affiliate, Hyosung Dongnai Nylon.

This amount corresponds to 8.51% of the equity capital as of the end of last year. The purpose of the acquisition is to strengthen competitiveness in the nylon business sector.