In response to the global textile market’s shift towards eco-friendly products, Chairman Cho Hyun-joon of Hyosung TNC has decided to invest in bio BDO.
In April, Hyosung TNC unveiled its plan to invest KRW 1 trillion in a new plant in southern Vietnam’s Bà Rịa–Vũng Tàu Province. This facility will have the capacity to produce 200,000 tonnes of bio BDO annually, with production and sales set to begin in the first half of 2026 at an initial capacity of 50,000 tonnes per year.
This initiative will establish the world’s first integrated production system for bio spandex, covering the entire process from raw materials to finished fibres. The plant in Bà Rịa–Vũng Tàu Province will produce bio BDO, which will be converted into PTMG at the Dong Nai plant, and subsequently used to mass-produce bio spandex.
This integrated system is designed to cater to the global eco-friendly premium textile market, including Europe and the United States, enhancing production efficiency through a stable raw material supply and a swift production response to market demands. Additionally, it secures cost competitiveness by reducing transportation costs and minimizes environmental impact by lowering fuel consumption for transportation.
Chairman Cho Hyun-joon stressed, “The bio business, which focuses on transitioning from fossil fuel-based raw materials to plant-based ones, will be a key pillar of Hyosung’s centennial vision. Strengthening our global market strategy by focusing on our bio BDO and bio spandex integrated production system is key to elevating Hyosung’s premium brand status.”