- Business
- HWASEUNG Industries Co.,Ltd. HWASEUNG Industries Co.,Ltd. (006060.KS) manufactures and sells shoe products and shoe materials; it produces BOPP, PET, and breathable films, sheets and plates, synthetic resins, adhesives including shoe adhesives, industrial adhesives, automotive coatings, and polyurethane resins; the company trades in clothing, bedding, footwear, and other products; and it engages in sports fashion ODM business, fine chemical business, and K-beauty products including cosmetics and dietary supplements. HWASEUNG Industries Co.,Ltd. (006060.KS) operates primarily in South Korea and internationally, serving global brand companies under ODM contracts through overseas affiliates. Founded in 1969 and headquartered in Busan, South Korea, the company focuses on footwear materials, precision chemicals, and related trading segments targeting footwear manufacturers, industrial clients, and consumer markets in Asia and beyond; it recently sold its stake in Hwaseung Vina Company Limited to Hwaseung Enterprise Co., Ltd. for KRW 95.5 billion and supports group expansions such as Hwaseung Footwear's planned ₹898 crore investment in a non-leather footwear plant in Andhra Pradesh, India, expected to create 17,645 jobs.