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Hyosung Chairman Cho Hyun-Joon Unveils New Spandex for Endurance Sports in the US

SEOUL, South Korea–(BUSINESS WIRE)–#ChairmanChoHyunJoon–Hyosung Chairman Cho Hyun-Joon has pinned his faith on Hyosung TNC’s new
functional fibers to expand its share in the sportswear fabric market
amid mounting consumer interest in “challenging and healthy lifestyle.”

Hyosung
TNC
(KRX:298020), which maintains the largest share of the global
spandex fiber market, is participating in the Outdoor Retailer Summer
Market, an international expo on outdoor and sportswear fibers and
functional fabrics, in Denver, Colorado, the USA, from June 18-20.
Hyosung TNC will showcase its exceptionally elastic and functional new
spandex fiber, “creora® ActiFit,” for the first time.

Creora® ActiFit has stronger elasticity than previous spandex
fibers. ActiFit is suitable to garments for demanding sports because it
offers muscle support and plenty of stretch. The new fiber also features
reinforced UV and chlorine resistance so that it can hardly be snapped
or deformed by sunlight or swimming pool water. These properties make
the fiber ideal for sportswear for cycling, marathon, swimming,
triathlon and adventure racing, among others. It is expected to help
improve athletic performance.

“These days, customers want to consume products that satisfy their needs
in light of function and design and that also have environment-friendly
values. Hyosung TNC always tries to identify customer needs through
international trade fairs and reflect them in its products,” Chairman
Cho said, “In the long term, we are striving to lead not only the fiber
market but also the fashion trends of functional clothing.”

Contacts

Hyosung Corporation
Minjung Cho, +82-2-707-7079
gnujnim@hyosung.com