Hyosung Participates in the World’s Biggest Textile Fair ‘Intertextile Shanghai’

Hyosung participated in the ‘Intertextile Shanghai’ held in Shanghai, China, for four days from October 21, where we hosted collaborative booths with 5 small and medium-sized enterprises (SMEs) in Korea and 17 client companies in China. The exhibit booths enabled the domestic partner SMEs to consult freely with the clients and provided the opportunity to expand new channels in the global market including China. Moreover, Spandex PU attended the fair with 17 client companies in China and is planning to reinforce cooperation with the clients to target the Chinese market.

“The Chinese spandex market takes up 57% of the entire world demand, and is a huge market that is growing over 6% every year,” said Cho Hyun-joon, head of Textile PG. “Hyosung has three manufacturing plants in regions such as Zhejiang and Guangdong, and occupies the greatest market share in China by managing 16 sales offices throughout the entire country of China. I’m confident that this fair will serve as an opportunity for us to announce the superiority of Korean textile companies and increase the synergy effect with Chinese partners so that Hyosung can lead the Chinese market and expand its dominance in the global market.”

Hyosung exhibited differentiated high-performance yarn in the nylon polyester yarn sector along with the introduction of the renewal product of Creora, the world’s top spandex brand. Hyosung will continue to make efforts to publicize its competitive products to the world.