The company has developed bio-derived spandex, Creora Bio-Based, using a natural material extracted from corn instead of coal, and obtained a global eco-friendly certification. The spandex reduces carbon emissions by 23% compared to conventional products, Hyosung claims.
The Creora Bio-Based spandex uses a corn-derived substance that obtained an eco-friendly certificate from the US Department of Agriculture, replacing a part of coal-extracted raw materials.
Go deeper with GlobalData
The corn-derived substance has long been used for general fibres, wrapping papers, cosmetics, and liquid detergents, but not for high-functional textiles, such as spandex, as it is impossible to deliver unique elasticity and resilience due to technological limitations. Hyosung TNC has made research and development efforts for more than a year, and successfully commercialised bio-based spandex for the first time in the world, it says.
According to the Life Cycle Assessment, an assessment technique based on the international standards for environmental impact, when Creora Bio-Based is applied to the products, it can reduce water use by 39% and carbon dioxide emissions by 23%, compared to conventional spandex products.
In June 2022, the Creora Bio-Based received the Eco Product Mark, a global eco-friendly certification, from the SGS (formerly Société Générale de Surveillance).
See Also:
The Eco Product Mark is awarded to products that used eco-friendly raw materials, harmless to human body and produced in eco-friendly methods through ESG-oriented management.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataAs the European Union recently announced a full-scale adoption of the Carbon Border Adjustment Mechanism (CBAM) in 2025, global demand for eco-friendly biomaterials is on the rise.
Data Bridge, a global market survey institute, expects the global biological fibre market to grow at an annual average of 5.5% by 2029.
“We will drastically expand the eco-friendly product business,” says Hyosung chairman Cho Hyun-joon, signalling the group’s intention to collaborate with global brands.
Hyosung TNC will initially start production of the bio-based spandex at its production bases in Korea including facilities in Gumi, and then increase its production through global production bases, such as those in Vietnam.
In addition, it aims to continuously increase the use of natural raw materials for its products through collaboration with global fashion brands. “We will play a pivotal role as an industry leader by steadily developing the next-generation eco-friendly textiles including biodegradable fiber,” Hyun-joon continued.
Last year, Hyosung developed recycled fibres using abandoned fishing nets and providing further investment in its depolymerization facility.
