2005-11-10
SHANGHAI, November 04, SinoCast -- Hyosung Corp., the world's 2nd spandex yarn maker, recently announced in Shanghai that it plans to roll out its world famous spandex yarn brand Creora in China.
Currently, Hyosung is the largest spandex manufacturer in China. It has invested USD 285 million in its two mainland's production bases in Jiaxing City and Zhuhai City, with a total annual output of 31,000 tons.
The South Korea-based company is pinning high hope on the booming Chinese market as the country sees rapid economic growth and more demand of high-grade products and service, as well as market support.
Hyosung will try to appear to be the top in Chinese spandex market through positive marketing, along with new development of Creora brand in China and through active participation in Chinese textile exhibition like Shanghai Apparel Fabrics Exhibition The company is expected to exhibit the latest fashionable cloth in Shanghai, Milan, Hong Kong, Seoul and New York respectively. Meanwhile, it will show its new product H350 and H450 in Chinese market.
Source:SinoCast China Business Daily News << Copyright ©2005 SinoCast LLC Source: Financial Times Information Limited - >>
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