Hyosung TNC South Korea Vietnam

Hyosung TNC Invests $1 Billion in Future Bio Business

Hyosung TNC to establish a new Bio-BDO (Butanediol) 50,000 ton factory in Vietnam with plans to expand future plants to an annual output of 200,000 tons Replacing fossil raw materials with those from sugarcane, entering the bio raw material market Applications across various industrial sectors including textiles (PTMG, a raw material for spandex), engineering plastics, and biodegradable plastics, etc.  Upon completion, it will be the world's first fully-integrated production system for bio-spandex "from raw material to fiber" The future plants will be powered by Geno, US-based sustainable materials and technology leader, further unlocking deployment of its GENO BDO™ technology at scale Geno's proven technology enables Hyosung TNC to fast track their project and unlocks the production and selling of Bio-BDO with an annual capacity of 50,000 tons in the first half of 2026. A rapidly changing marketplace with focus on sustainable fiber - proactively responding with a differentiated value proposition of superior sustainabilityChairman Hyun-Joon Cho states, "The bio business will become a core pillar of Hyosung for the next 100 years. We will strengthen our global market presence based on sustainable bio materials." View original content:https://www.prnewswire.co.uk/news-releases/hyosung-tnc-invests-1-billion-in-future-bio-business-302104267.html