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Hyosung Makes $100 million Investment to Produce Spandex in India

Hyosung Corp. is making a $100 million investment in India in an effort to increase its spandex market share. Company chairman Cho Hyun-joon met with Indian Prime Minister Narendra Modi this week in Mumbai and reached an agreement to establish a spandex plant in Maharashtra by 2019. It will be the first spandex plant Hyosung will build…

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