06/19/2011

www.gupta-verlag.de/rubber

FPG to set up synthetic rubber plant in China

In addition, FPG intends to invest in the rubber industry in both Taiwan and China through its subsidiary Formosa Synthetic Rubber Corp. (FSRC). The group is planning three other projects related to the production of tyres in China, requiring a further investment of USD 200 million.In Taiwan, FSRC`s investments in the rubber industry will be part of the group`s expansion project in its sixth naphtha-cracking complex in Yunlin County, central Taiwan. FSRC intends to set up three plants in Taiwan with total investments of TWD 15 billion (~ EUR 370 million).In addition, Nan Ya Plastics Corp. will also set up three new plants with total investments of at least TWD 20 billion to drive the group`s involvement in the rubber industry.

www.gupta-verlag.de/rubber