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Thursday, 24 February 2011

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Taiwan`s FPG to Set Up Synthetic Rubber Plant in China

  • Thursday, 24 February 2011
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  • Taipei, Feb. 24, 2011 (CENS)--Formosa Plastics Group (FPG), Taiwan`s largest plastics conglomerate, will invest US$300 million to set up a synthetic rubber plant in Ningbo, Zhejiang province, China. Construction of the plant will begin sometime in October this year with mass production to start in two years. Initially the plant will be churn out 50,000 tons of IIR (isobutylene-isoprene rubber)



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