Related Keywords: asian market, brand Creora, China facility, demand for spandex, elastic synthetic fiber, Hyosung Corp, spandex maker
Hyosung Corp.,South Korean textile and industrial materials maker plans to expand production of spandex yarns at its China facility in Guangdong Province by 14.3 percent to 80,000 tons per year, according to company officials.
With the expansion, the firm's total production of the elastic synthetic fiber will reach 190,000 tons and will help Hyosung and its spandex brand Creora snap up more than 30 percent of the global market share.
Spandex is a highly elastic textile used in various types of garments such as leggings, sports apparels and belts.
