Hyosung Ningxia's phase I project in Ningxia starts operation

On December 22, the first phase of Hyosung Spandex, the largest foreign investment project in Ningxia, was completed and put into production, which took only 280 days from March 18 to put into production, refreshing the fastest speed of spandex industry construction and marking a new step in the industrial transformation and upgrading of Ningdong base.

The project with 360kt/year of spandex capacity and its raw materials is a key high-performance fiber project planned and built in the Ningxia autonomous region and Ningdong base, with a total investment of 12 billion yuan.