# Hyosung TNC to invest $1B in Bio-BDO plants in Vietnam

Hyosung TNC plans to invest $1 billion to establish multiple Bio-BDO production plants in Vietnam with a total annual capacity of 200,000 tons. The first phase of 50,000 tons per year is expected to start production in the first half of 2026.

- Type: Investment
- Announced: 2024-07-06
- Where: Vietnam, Vietnam
- Value: $1.00B
- Starts operating: Q3 2026
- Status: announced
- Capacity: 200,000 tons per year (total); 50,000 tons per year (first phase)
- Products: Bio-BDO (butanediol), bio-spandex
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Hyosung TNC](https://endata.com/companies/33775.md)

## Sources

- [indiantextilemagazine.in](https://www.indiantextilemagazine.in/hyosung-tnc-to-invest-1-billion-in-vietnam-establishing-a-200000-tons-a-year-bio-bdo-plant/), 2024-07-06: "Hyosung TNC plans to proactively respond to the global materials market’s reorganization around sustainable products by investing $1 billion to establish multiple Bio-BDO production plants capable of producing 200,000 tons annually."

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