HS Hyosung Vice Chair Explores Chemical Industry Future, Global Cooperation at Davos

Published By DPRJ Universal | Published on Thursday, 22 January 2026

HS Hyosung Vice Chairman Cho Hyun-sang attended the 2026 World Economic Forum in Davos, exploring sustainable strategies for the global chemical industry. He discussed geopolitical risks, supply chains, and net-zero commitments. Cho met with Canada's Finance Minister on global supply chains and India's Maharashtra Chief Minister to discuss potential investments in the rapidly growing Indian market, emphasizing international cooperation for a low-carbon, environmentally friendly society and corporate growth.

HS Hyosung Vice Chairman Cho Hyun-sang actively participated in the 2026 World Economic Forum in Davos, Switzerland, focusing on sustainable growth strategies for the global chemical industry. During the forum, Cho attended the chemical governors’ meeting, engaging with leaders from top chemical firms like BASF and Dow. His discussions covered critical topics such as the impact of geopolitical risks on global supply chains, strategies to mitigate long-term effects from capacity expansion in the Middle East and China, and HS Hyosung’s commitment to environmentally friendly materials and net-zero emissions transition.Beyond industry discussions, Cho held significant bilateral meetings. He met with Canadian Finance Minister Francois-Philippe Champagne, requested by Champagne, where he underscored the strategic importance of Korea and its firms in enhancing global supply chains and expressed gratitude for Canada's cooperation at the recent APEC summit. Additionally, Cho held talks with Devendra Fadnavis, chief minister of India’s Maharashtra state, to explore potential investments for HS Hyosung in India’s fast-growing market. Fadnavis encouraged the Korean firm to capitalize on India's domestic and export opportunities while contributing to job creation. Cho reiterated HS Hyosung's dedication to global communication and cooperation for a low-carbon, environmentally friendly society. His consistent participation and role as a Young Global Leader highlight his influence in private sector economic diplomacy.