To
better serve apparel brands who rely on South American and European-made
textiles in the development of their performance materials, South Korea-based
Hyosung is advancing its global spandex leadership position by investing in its
creora spandex manufacturing facilities based in Araquari (SC) Brazil and in
the Cerkezkoy area of Turkey.
According
to Hyosung, the expansion project in its Brazil-based facility, which was
established in 2011, will allow the plant to increase annual spandex capacity
from 12,000 metric tonnes to approximately 22,000 metric tonnes. Completion of
the project is scheduled for mid-2022.
The
company’s Turkey-based expansion, which is expected to be complete by the third
quarter of 2021, will allow this facility to increase annual spandex capacity
from 25,000 metric tonnes to 40,000 metric tonnes.
“We
are proud to strengthen our presence in the South American and European premium
textile markets with the expansion of our plants in Brazil and Turkey, which
are production bases for our regional South American and European customers,â€Â
said Hyosung chairman Hyun-Joon Cho.
“We will support these markets by providing ongoing innovation and solutions,
which Hyosung is known for.â€Â
To
provide faster product delivery and reduce its carbon footprint, Hyosung has
strategically expanded its manufacturing network to serve clients on each
continent since its start in Korea in 1992. In 1999, the company expanded into
China, and now has bases in Brazil for the Americas, India for emerging Asian
markets, Vietnam for the rest of Asia, and Turkey for Europe.
With
a current production capacity of approximately 340,000 tonnes per year, Hyosung
is the leading producer of spandex, supplying approximately one-third of the
world’s spandex. The company’s most recent stretch solutions include new
GRS-certified creora regen made with 100 per cent recycled reclaimed waste,
creora Color +, dyeable spandex for extraordinary colours in blends with
natural blends, and creora 3D Max, for denim one wants to live in.