Mike Simko, Global Marketing Director, will lead the Hyosung’s global marketing for creora elastane, MIPAN nylon and specialty polyester fibres to deliver innovation, superior value, and collaborative services throughout the textile value chain. Mr Simko, who previously worked for Invista and DuPont, joins Hyosung with over 20 years of textiles, chemicals and industrial experience with leadership positions in global marketing and sales, strategic planning, business development, research and development as well as manufacturing. 

“It’s an exciting time to join this dynamic organisation and I look forward to leading the growing team” said Mike Simko. Look for our newest innovations in elastane, nylon and polyester along with the latest fabric trends at the upcoming ISPO show in January.”

In-depth industry knowledge

“We are delighted to welcome Mike to Hyosung as his various leadership experiences and in-depth industry knowledge will be invaluable to the Hyosung marketing effort,” said Hyosung Chairman and CEO, Cho Hyun Joon.

“His addition along with other new personnel in Europe, Asia, and USA combined with our continued investment in production facilities, underscores Hyosung’s long-term commitment to the Textiles Industry. We plan to continue to launch innovative products, deliver superior value and work with mills, brands and retailers globally.”

Increased capacity

For speed to market in Europe, Hyosung invested in elastane manufacturing in Turkey in 2009 and has increased capacity three times since to service increased demand.

Hyosung Corporation is one of Korea’s leading multinational conglomerates, with annual worldwide sales of more than US$ 8.7 billion. Hyosung maintains a global network of more than 73 subsidiaries and international branch offices around the globe.

Hyosung first developed its own process for manufacturing spandex in 1992 and in 25 years claims to have grown to be the largest spandex producer in the world with plants in Korea, China, Vietnam, Turkey and Brazil.

www.hyosung.com