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As AI data centers proliferate and renewable energy generation expands, demand is growing for next-generation grid technologies capable of reliably delivering large amounts of electricity.
In response to carbon neutrality and the restructuring of global industries, Hyosung Chairman Cho Hyun-joon is accelerating the group's ESG initiatives through proactive investments. Under the strategic leadership of Hyosung Chairman Hyun-Joon Cho, proactive investments have materialized into proprietary technologies and expanded production bases across major affiliates.
Hyosung Heavy Industries secured approximately $287 million in orders for ultra-high-voltage transformers from major U.S. tech companies in September alone. Hyosung Group Chairman Cho Hyun-joon's years-long efforts to build a localized U.S. production and solutions system are now beginning to deliver results.
Forecasts demand across aerospace, wind energy, EVs, hydrogen storage and recycled carbon fiber. Analyses capacity, pricing, trade policy and regional growth while profiling Toray, Hexcel, Teijin, SGL, Hyosung, Mitsubishi Chemical and fast-growing Chinese competitors.Dublin, Sept. 10, 2026 (GLOBE NEWSWIRE) -- "The Global Carbon Fiber Market 2026-2036" has been added to ResearchAndMarkets.com's offering. Carbon fibers are high-performance materials consisting of filaments that are ninety-two perc
Hyosung Corporation has officially launched STT Seoul 1, a 30MW hyperscale data center, marking a strategic expansion into the AI data center market.
With the advent of the artificial intelligence (AI) era, optimizing power supply networks has emerged as a critical global challenge. In the United States, the surge in power demand driven by the proliferation of AI and data centers, coupled with the need to replace aging grid infrastructure, is driving large-scale investment in power infrastructure.
Hyosung TNC, a global leading spandex manufacturer, is accelerating its expansion into European and global bio-based premium textile markets, driven by its sugarcane-based bio-fiber solution, regen™ Bio Spandex.
As the U.S. power infrastructure market grows rapidly—driven by the spread of AI data centers and the replacement of aging power grids—the localization strategy proactively pursued by Hyosung Chairman Hyun Joon Cho is now delivering results.
Hyosung TNC, a leading global spandex manufacturer, is taking the lead in securing the global bio-material market by fully launching an Integrated Bio-Spandex Production System in Vietnam, connecting sugarcane-based bio-raw materials to finished fiber products.
Under the leadership of Hyosung Chairman Hyun Joon Cho, Hyosung Heavy Industries is building a solid presence in the U.S. power market. Chairman Cho's strategic bet to designate the power infrastructure business as a future growth engine and invest proactively in the local market is being credited with driving the company's strong performance.
Hyosung Group Chairman Hyun-Joon Cho's management strategy, which anticipated the industry shift toward AI and power infrastructure, has led to tangible results for major affiliates.
Hyosung Americas announced today that Chief Operating Officer Nancy Gail Daniels will be departing from the company following her successful tenure marked by operational transformation, two years of double-digit growth, and significant market share gains.
Under the strategic leadership of Hyosung Chairman Hyun-Joon Cho, Hyosung Heavy Industries has secured a record-breaking contract in the U.S. power market, marking the largest order in the company's history and underscoring its expanding role in U.S. grid modernization efforts.
Hyosung Heavy Industries announced that it will invest $157 million in its Power transformer plant located in Memphis, Tennessee, to expand Power transformer production capacity by more than 50% by 2028.
South Korean company to speed up roll out of EMM’s silicon anode battery technologies.
The construction carbon fiber fabric market is expanding due to demand for lightweight, durable materials in infrastructure. Opportunities are driven by sustainability, digital manufacturing advances, regional shifts, and evolving tariffs. Key areas include retrofitting, real-time health monitoring, and new technologies.Dublin, Oct. 16, 2025 (GLOBE NEWSWIRE) -- The "Construction Carbon Fiber Fabric Market - Global Forecast 2025-2030" report has been added to ResearchAndMarkets.com's offering. Co
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