Hyosung TNC invests nearly $1B in Bio-BDO plant in Ba Ria-Vung Tau, Vietnam

Hyosung TNC received an investment registration certificate for a nearly $1 billion Bio-BDO biological product manufacturing plant in Ba Ria-Vung Tau, Vietnam, with a capacity of 200,000 tons per year. The plant will produce Bio-BDO from sugarcane fermentation for bio-spandex fibers.

“Hyosung TNC – a subsidiary of the South Korean conglomerate Hyosung – is investing nearly one billion USD in a 200,000-ton capacity biotechnology product manufacturing plant in Ba Ria – Vung Tau.”vietnam.vn

• 3 sources
• vietnam.vnHyosung TNC invests billions of dollars in biotechnology product factory.VnExpressMar 30, 2024
• kedglobal.comHyosung TNC to invest $1 bn in new bio-fiber plants in Vietnam - KED GlobalWoo-Sub KimApr 3, 2024
• blog.hyosungtnc.comHyosung TNC Partners with Geno in Development of Certified regen™ BIO Spandex – Hyosung Performance TextilesMay 1, 2024

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