Hyosung Corp is tying up with Chinese producer Tongkook to enhance its capacity in Creora-branded spandex business by 6, 000 tons
Hyosung with an annual sale of over $5.5 billion from business concerning chemical, textile is expected to sign the deal in mid- November.
Hyosung's president for Europe and the Americas, Greg Vas Nunes said that they want to become the numero uno in spandex with their constant investment and commitment to textile industry.