# Hyosung Advanced Materials wins 157.2 billion won carbon fiber deal from Hanwha Solutions

Hyosung Advanced Materials has secured a six-year contract worth 157.2 billion won ($139 million) from Hanwha Solutions to supply high-strength carbon fiber for hydrogen fuel tanks.

- Type: Contract
- Announced: 2021-04-05
- Where: South Korea
- Value: $139.0M (157.2B KRW)
- Status: announced
- Products: high-strength carbon fiber

## Companies

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

## Sources

- [ajupress.com](https://www.ajupress.com/view/20210405150230193), 2021-04-05: "Hyosung Advanced Materials, affiliated with South Korea's Hyosung Group, has secured a six-year contract worth 157.2 billion won ($139 million) from Hanwha Solutions."

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