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Hyosung plans spandex plant

Hyosung will build a spandex plant in Maharashtra. The factory is expected to be completed by 2019. It will be used for the production of Hyosung’s spandex fiber Creora. The company is also investing in testing and analysis, which will include capabilities in circular and warp knitting, weaving, core spinning and yarn covering.

Last summer, Hyosung went into a partnership with French textile mill Sofileta. This mill has the capability to integrate fabric and fiber technology to develop leading edge products. And Hyosung can strengthen its presence in the European market.

Hyosung offers a broad range of high quality, competitively-priced fiber technologies throughout the global apparel value chain. The spandex range includes Creora dyeable spandex, Creora black spandex and Creora fresh spandex.

Hyosung is a Korean fiber and yarn company. Hyosung is the largest elastane producer in the world and first developed its own process for manufacturing spandex in 1992. Creora is a brand belonging to Hyosung.

The company has a global network of more than 36 subsidiaries and international offices around the world. Creora is produced in facilities around the world, including Korea, China, Vietnam, Turkey and Brazil.

Hyosung wants to take Creora’s share in India’s spandex market to 70 per cent.

 

 
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