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Kordsa signs a definitive agreement to acquire the US-based Axiom Materials

Related Keywords: advanced composites industry, Advanced Honeycomb Technologies, approved supplier for aerospace industry, construction reinforcement and composites technologies market, fabric development, industrial and transportation applications, textile products

Kordsa is a leading specialist in the tire, construction reinforcement and composites technologies market. It carries out production through a vast area from USA to Asia Pacific and supplies its reinforcement technologies internationally. With its business processes all based on R&D and innovation, Kordsa has 740 patent applications worldwide.

Hyosung expands creora elastane capacity of its China and Vietnam plants

Related Keywords: China and Vietnam, circular knitting and weaving equipment, explore new creora product, fabric development, growth of consumer demand, hosiery, Hyosung, Korea based elastane manufacturer, opened Textile development centre, seamless, TPP agreement

Hyosung, the Korea based leading elastane manufacturer having identified the two locations China and Vietnam as key sourcing and consumption areas has increased the capacity of its China and Vietnam plants at the beginning of this year.

The additional expansion in China comes in the light of growth of consumer demand for elastane as the country’s middle class continues to grow, while in Vietnam, anticipation of passing Trans-Pacific Partnership Agreement (TPP) agreement has lead the move.

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