Hyosung expanding Vietnam operations

27/07/2016
Elastane producer Hyosung is to build a new facility for manufacturing its Mipan Regen recycled nylon in the Vietnamese district of Nhon Trach. This area already hosts the company’s creora spandex and tire core facilities. 

“We invested in Vietnam as the next step in Hyosung’s global nylon growth strategy and to better serve the Southeast Asian market,” said Hyosung president, BS Park.

“As sourcing from Vietnam continues to be important to brands and retailers, we wanted to provide expanded product offerings,” added Shared Ria Stern, Hyosung Textiles global marketing director.