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Hyosung Expands Creora Elastane Plant In Brazil

The Rivet 50 is calling for nominations for leaders in the denim industry in 5 categories: design, influencer, leadership, sustainability and supply chain. Nominations close on May 23.

Global fiber giant Hyosung Corp. has invested $37.7 million to expand its Creora elastane plant in Brazil. The project at the company’s industrial park in Araquari increased production capacity by 80 percent to 22,000 tons per year from 12,000 tons. “The investment was made to meet the growing demand for elastane, as well as to…

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