18 juin 2019 ~ 0 Commentaire


Hyosung Corp. Significant Key Players in the market include – Toray Industries Inc., Hexcel Corporation, Mitsubishi Rayon Co Ltd., Teijin Limited, Hyosung Corporation, SGL Carbon SE, Cytec Industries Inc., DowAksa USA LLC, Svetlogorsk-Khimvolokno (OJSC), Kemrock Industries and Exports Limited etc.
Calling Vietnam a strategic base for its global expansion, South Korea’s Hyosung Group has solidified its presence in the country after spandex it received the investment certificate to build the $1.2 billion complex in the southern province of Ba Ria-Vung Tau yesterday.

Under the new structure, holding company Hyosung Corporation will be in charge of managing shares and four operating subsidiaries will oversee the following, according to business sectors: Hyosung TNC (textile and trading), Hyosung Heavy Industries (heavy industries and construction), Hyosung Advanced Materials (industrial materials), and Hyosung Chemical (chemical products).
Since last year, the company invested a total of $1.3 billion in Ba Ria-Vung Tau Province, southern Vietnam, to establish manufacturing units of polypropylene, a separate facility for dehydrogenation process to get high purity propylene as well as liquefied petroleum gas storage tanks.
Furthermore, as we built up a vertical system from raw materials to final products by operating a propylene manufacturing plant using an up-to-date Propane Dehydrogenation (DH) process, we have been able to secure a stable supply base for the main raw material of polypropylene resin, propylene of high purity, as well as the technology required.

Produced with state-of-the-art equipment and cutting-edge methods based on the technology and experience gained in the synthetic fiber industry, Hyosung Chemical’s high purity TPA contributes to increasing the competitiveness of polyester-related manufacturers in South Korea as well as many corners of the world including Asia and Europe thanks to its superlative quality and stable properties.
Report embrace complete information of key players involved in Spandex Filament Yarns market across the globe. Hyosung Chairman Hyun-Joon Cho has chosen India as the strategic base of the Centennial Hyosung” and plans to expand its reach across global markets.
It operates in various fields, including the chemical industry, industrial machinery, IT, trade, and construction. The Indian spandex market has grown at an annual average rate of more than 16% from 2012 to 2017 and is forecast to increase at an annual average rate of over 12% to reach USD 200 million by 2020.

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