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Thailand's Formosa Plastics to complete IIR plant in 2013   1  

January 10/2012
(ICIS) -- Formosa Plastics Group (FPG), the biggest plastics group in Taiwan, will complete the construction of 50,000 tonnes/year isobutylene isoprene rubber (IIR) plant at Ningbo of Zhejiang province at the end of the second quarter of 2013, a company source said on Friday.
The company, with investment of yuan (CNY) 18bn (USD2.84bn), started the construction of the plant in September 2011, according to the source.

Domestic IIR producers will facing a challenging market because  IIR output is expected to exceed downstream demand in the future, a market player said.
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  • Jack Chen 21.05.2012 06:17:15
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    This is rediculus \"News\".... unprofessional at all !!!<br /> <br /> Formosa Plastics Group (FPG) is TAIWAN origin.... not Thailand.<br /> <br /> so correction is needed. FYI.<br /> <br /> Jack Chen of Protrade<br /><br />

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