Hyosung TNC Corp. manufactures chemical fibers such as spandexes, nylon yarns, polyester yarns, fabrics, and dyed products. Spandex includes spandex for clothing and diapers, among others. Fabrics include fabrics for general clothes, workwear, and nonwoven. It also engages in the trading of steel, chemicals, and electronics. The company was founded in February, 1957 and is headquartered in Seoul, South Korea.