# Hyosung Advanced Materials signs long-term carbon fiber supply deal with Hanwha Solutions

Hyosung Advanced Materials signed a six-year contract to supply high-strength carbon fiber for hydrogen vehicle fuel tanks to Hanwha Solutions, starting in 2021. The supply value is approximately KRW 160 billion.

- Type: Contract
- Announced: 2026-09-07
- Where: South Korea
- Value: $142.0M (160.0B KRW)
- Status: completed
- Products: high-strength carbon fiber
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Hyosung Advanced Materials](https://endata.com/companies/7810.md) (supplier)
- [Hanwha Solutions](https://endata.com/companies/7811.md) (customer)

## Sources

- [lcnews.co.kr](https://www.lcnews.co.kr/news/articleView.html?idxno=15672), 2026-09-07: "효성첨단소재는 한화솔루션에 2021년부터 6년간 수소 차량용 연료탱크 보강에 쓰일 고강도 탄소섬유를 공급하는 장기 계약을 맺었다고 밝혔다."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.