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Hyosung celebrated its 20th anniversary of creora® at Paris Mode City and Intefilière Paris, the world’s largest lingerie and swimwear show, held in Paris, France, between July 7 and 9. With Hyosung’s major customers from Europe, the United States, and China invited for the show, the company promoted the functional spandex yarn “creora® eco” and “creora® highclo,” a new extremely chlorine-resistant spandex.
After Hyosung first developed its own process for manufacturing spandex in 1992, it established a plant in Korea in the early 1990s, and expanded its global business presence in the late 1990s with plants in Korea, China, Vietnam, Turkey, and Brazil. The fabric producer has developed various products to meet customers’ needs and established production systems that ensure stable product supply in a timely manner. After 20 years from its product launch, Hyosung has developed into the largest spandex producer that accounts for 25% of the market share. This achievement is the result of the company overcoming numerous hardships including expanding into overseas markets and developing independent technology to meet fastidious customers’ demands. Given that no other products have taken over the number one spot in world technology, creora® is recognized to have achieved a significant feat.