Hyosung Donates 300 Million KRW in Disaster Relief Funds to the Korean Red Cross
[Asia Economy Reporter Park So-yeon] Hyosung announced on the 13th that it donated 300 million KRW in disaster relief funds to the Korean Red Cross to support flood victims affected by the monsoon season and heavy rains. The donation, prepared jointly by the holding company Hyosung Corporation and its four business subsidiaries?Hyosung TNC Corporation, Hyosung Heavy Industries Corporation, Hyosung Advanced Materials Corporation, and Hyosung Chemical Corporation?will be used for recovery efforts in areas severely damaged by recent heavy rains, as well as for relief supplies and living expenses for the victims. Chairman Cho Hyun-joon of Hyosung said, "It is very unfortunate that many people have suffered great damage due to the unexpected heavy rains. I hope this contribution can help, even if only a little, with the recovery efforts."
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