News Coverage
Hyosung Spandex Targets at Carbon Fiber
2012-07-24 09:50:52
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Hyosung Spandex (Guangdong) Co., Ltd. launched its second project involving carbon fiber production this March. The project covered an area of 7000 square meters with an overall capital investment of USD1500. The annual output value will approximate RMB400 million.

Hyosung is one of the top 10 enterprises in ROK. It is world’s biggest spandex producer with leading technique globally. Hyosung Spandex (Guangdong) was established in 2003 in Pingsha Town, involving mainly in producing traditional chemical fiber products such as elastic fiber and nylon.

With the development of yacht industry in Pingsha, Hyosung noticed that new carbon fiber materials are needed to manufacture hull and mast. Apart from yacht, carbon fiber is also needed in high-end racing bicycle, automobile. The global carbon fiber market is gradually warm. Hyosung invested in March the new carbon fiber project that could begin to operation this September. The project will form a production chain along with the local enterprises.

It is said that Hyosung will invest USD100 million to enlarge its spandex production scale. After its new round of investment, Hyosung will reach RMB2500 million production value. 文章来源: