Hyosung, the largest spandex producer in the world, has begun production of creora® spandex in the newest plant located in Araquari in the Santa Catarina region of Brazil. There are Hyosung creora® spandex plants in South Korea, China (3 plants), Turkey and Vietnam. Hyosung opened the factories in Turkey & Vietnam in 2008 and the Brazil plant will officially open this September.

"We are excited to begin production in our phase I $100 million dollar investment in Brazil for 10,000 tons. Many Brazilian and South American brands and retailers require production proximity for speed to market, so we are now better positioned to ensure fast delivery to these regions.

We have plans for additional investment to achieve production of 150,000 tons total because we believe that demand for spandex will continue. We want to offer the best combination of innovation with best quality through our state of the art, patented manufacturing processes for our customers to continue to grow and thrive." said President Whang of Hyosung's Spandex Performance Unit.

September 27, 2011