After the department’s separation from HDC in January 2000, Hyundai Engineering Plastic was established and strived to pioneer an independent market.
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Founded in 1988 as the Petrochemical Division of Hyundai Development Company, Hyundai EP signed technology transfer contract with Solvay Engineered Polymer in 1991, focusing on developing advanced technologies, and built a compounding factory in Dangjin in 1994 to start developing and producing automobile bumpers and interior materials.
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