# 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.

- Type: New facility
- Announced: 2024-03-30
- Where: Ba Ria-Vung Tau, Vietnam
- Value: $1.00B
- Starts operating: Q3 2026
- Status: announced
- Capacity: 200,000 tons per year
- Products: Bio-BDO (butanediol), bio-spandex fibers
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Hyosung TNC](https://endata.com/companies/33775.md)
- [Hyosung Group](https://endata.com/companies/2496.md) (investor)
- [Geno](https://endata.com/companies/76643.md) (partner)

## Sources

- [vietnam.vn](https://www.vietnam.vn/en/hyosung-tnc-dau-tu-nha-may-san-pham-sinh-hoc-ty-usd), 2024-03-30: "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."
- [kedglobal.com](https://www.kedglobal.com/fiber-textile/newsView/ked202404030017), 2024-04-03: "The bio business, which transforms conventional fossil raw materials into eco-friendly ones, will become a core pillar of Hyosung for the next 100 years."
- [blog.hyosungtnc.com](https://blog.hyosungtnc.com/hyosung-tnc-partners-with-geno-in-development-of-certified-regen-bio-spandex/), 2024-05-01: "Through this vertical integration from raw material to yarn for regen™ BIO Spandex, our goal is to increase production efficiency, provide faster response to our customer needs, and integrate value chains to help minimize carbon footprint."

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