Hyosung Ningxia's PTMEG project started production

1. Huafon Chemical announces to invest and establish 300kt/year of differential spandex project

Huafon Chemical Fiber Co., Ltd. put forward to invest and build 300kt/year of differential spandex project by its subordinated company Huafon Chongqing Spandex Co., Ltd. The total amount of project income and investment in the payback period was 4.36 billion yuan, which will take 6 years with three phases (50kt+150kt+100kt).