Hyosung TNC is set to make a significant impact on the global materials market with its announcement of a US $ 1 billion investment in Vietnam. The company will establish multiple Bio-BDO production plants, with a combined capacity of producing 200,000 tonnes annually, positioning itself at the forefront of the sustainable products industry.
Hyun-Joon Cho, chairman of Hyosung, emphasized the strategic importance of this investment, stating, “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. We will enhance Hyosung’s premium brand status by strengthening our global sustainable market penetration based on our consistent production system of Bio-BDO and Bio Spandex.”
BDO (Butanediol) serves as a vital raw material for PTMG, which is essential in manufacturing spandex fiber. Its applications extend beyond spandex to include engineering plastics, biodegradable packaging, footwear soles, industrial compounds, and many other industries. Bio-BDO, derived from fermenting sugars from sugarcane, completely replaces traditional fossil raw materials, attracting considerable attention in the sustainable materials market.
