Hyosung Corporation specializes in general trading businesses. The Company also produces nylon yarns and other synthetic and chemical products such as PET films, PET bottles and polypropylene resins. In addition, Hyosung contracts electrical construction and information systems and manufactures industrial machinery.
Hitachi Ltd (6501 JP) announced the acquisition of an 80.1% stake in ABB Ltd (ABBN VX)’s power grids business for $6.4 billion. ABB will retain the...