Hyosung plans $500M yarn investment in Turkey

South Korean company Hyosung is planning a $500 million investment in Turkey for elastane yarn and polyester manufacturing, plus an $80 million line expansion at its existing Tekirdağ facility, starting March 2022.

“The company, which has been working on expanding lines 3 times since it entered the Turkish market in 2007, is planning 2 different investments, both on the manufacturing of elastane yarn and polyester, on new land this time.”etextilemagazine.com

• 1 source
• etextilemagazine.com500 Million Dollars Yarn Investment in Turkey from HyosungDilek HayırlıNov 9, 2021

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