Home breadcru News breadcru Company breadcru Hyosung expands Vietnamese spandex output

Hyosung expands Vietnamese spandex output

09 Jul '13
1 min read

HYOSUNG, the largest spandex producer in the world, announces plans to expand their production facility of creora brand spandex in Vietnam in Nhon Trach, Dong Nai.

Phase 1 will be operational in August and Phase 2 in November. This is to better serve needs in South East Asia as well as in anticipation of the Trans-Pacific Partnership (TPP) being approved with yarn forward rules of origin. 

“We continue to invest in spandex as we believe market demand is going to continue to grow and our state of the art facilities will enable creora to deliver the best quality, consistency, and value to solidify our global leadership position.” stated President Whang. “We have numerous plants around the world including South Korea, China, Turkey, and most recently, we added one in Brazil to supply growth in South America.”

Hyosung

Get Free Weekly Market Insights Newsletter

Receive daily prices and market insights straight to your inbox. Subscribe to AlchemPro Weekly!