# Hyosung expands Creora elastane plant in Brazil

Hyosung invested $37.7 million to expand its Creora elastane plant in Araquari, Brazil, increasing production capacity by 80% to 22,000 tons per year from 12,000 tons. The expansion was announced in February 2022.

- Type: Expansion
- Announced: 2022-02-01
- Where: Araquari, Brazil, Brazil
- Value: $37.7M
- Status: announced
- Capacity: 22,000 tons per year
- Products: Creora elastane (spandex)
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Hyosung Group](https://endata.com/companies/2496.md)

## Sources

- [wwd.com](https://wwd.com/sourcing-journal/industry-news/hyosung-creora-bio-based-spandex-sgs-certification-dent-corn-1238799494/), 2022-07-26: "Hyosung said it had invested $37.7 million to expand its Creora elastane plant in Brazil."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.