Stretched thin
Hyosung’s first spandex factory in India, located on 400,000 square meters (99 acres) of land in the AURIC industrial complex near Aurangabad. The factory, capable of producing up to 18,000 tons of spandex per year, started mass production last Friday. Hyosung hopes the new capacity will increase the company’s market share in the Indian spandex market to 70 percent, from 60 percent. [HYOSUNG]
with the Korea JoongAng Daily
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