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Formosa Plastics plans huge Vietnam port

September 15/2009

September, 15 (AFP) -- Taiwan"s leading industrial conglomerate Formosa Plastics plans to build one of Southeast Asia"s biggest deepwater ports as part of a multi-billion-dollar project in Vietnam, an official said Tuesday.

The port will be sited near a steel mill the company intends to construct in central Ha Tinh province, said the official, who asked not to be named.

The steel mill, designed with an initial capacity of 7.5 million metric tonnes, will be located about 30 kilometres (20 miles) from Vietnam"s largest iron ore deposit at Thach Khe.
The conglomerate plans to build a second steel mill and a petrochemical complex later in Vietnam.


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       MRC Reference


 Formosa. The share in the Russian market in 2008:

 PVC-S – 3.0%;

PP – 0.4%.

Annual growth sales in Russia :
 PVC – 79 % (over the last year) ;

PP – 272 % (over the last 3 years).

 Supply by processing technologies:
profile extrusion

 film extrusion


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