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Hyosung invests $1 billion in ‘bio’ business

02/04/2024
Hyosung invests $1 billion in ‘bio’ business

Fibres developer Hyosung TNC is investing $1 billion to establish multiple Bio-BDO production plants, capable of producing 200,000 tons annually, in Vietnam.

BDO (Butanediol) is a chemical used as a raw material for PTMG, which is used to make spandex fibre.

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