HYOSUNG DONG NAI COMPANY LIMITED

The subject is a member of Hyosung Group, which focuses on manufacturing kinds of yarns and chemicals, mainly for export. Its main products include microfiber spandex, nylon, polyester for production of carpets, steel tire cord, bead wire, saw wire, and so on. Recently, the company has increased the capacity of the nylon 6 yarn factory from 26,400 tons of products/year to 28,800 tons of products/year; additional production of DTY nylon yarn with a capacity of 12,000 tons of products/year; producing Polytetramethylene Ether Glycol (PTMG) with a capacity of 166,800 tons of products/year; producing spandex yarn with a capacity of 60,000 tons of products/year; Producing nylon 66 and polyester fibers with a capacity of 60,720 tons of products/year; produces and processes curtain fabrics with a capacity of 76,500 tons of products/year and produces and processes textile fabrics with a capacity of 72 tons of products/year. As our latest interview with this company's staff, its products are still mainly exported South Korea, USA, China, Southeast Asia countries, etc. Moreover, according to our data, the member companies of Hyosung Group are both main suppliers and main clients of this company. The first months of 2024, the company continued investing in building the HVO biofuel production plant in Phu My 2 Industrial Park, Phu My Town, Ba Ria – Vung Tau Province. The project has a total investment of nearly USD 730 million.