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2003/2/21
Financial Times
Taiwan PVC Pipe Manufacturers Head to Mainland China
The
economic boom in mainland China in recent years has boosted
demand there for polyvinyl chloride (PVC) pipes, encouraging
leading PVC-pipe manufacturers in Taiwan to expand their
production lines across the Taiwan Strait
Petrochemical giant Formosa Plastics Corp. has
selected Ningbo, Zhejiang Province as site for its first
PVC plant in the mainland, in order to access the
deepwater harbor nearby.
Nan Ya Plastics Corp., an affiliate of Formosa Plastics Group, already has several PVC-pipe manufacturing plants in the mainland, located in Huizhou, Guangdong Province, Xiamen, Fujian Province, Chongqing, Sichuan Province, Wuhu, Anhui Province, and Dongying, Shandong Province.
Seeing
the potential demand for PVC pipes in mainland China, Ocean Plastics
Co. (OPC), another leading PVC-pipe maker in Taiwan,
has invested around US$8 million in a plant in Hunan Province.
Union Petrochemical Corp.,
a leading petrochemical manufacturer in Taiwan, has also set its
eyes on the mainland Chinese market. The company, which mainly
produces dioctyl phthalate (DOP) for PVC, has approved a plan to
set up a US$5 million petrochemical plant in Zhenjiang, Jiangsu
Province to make DOP.
China General Plastics Corp., another top petrochemical maker in Taiwan, plans to follow suit by opening a plant in the mainland soon.
Demand for PVC pipes in the mainland has been rising significantly as various construction projects for the 2008 Summer Olympic Games in Beijing get underway, and the trend is expected to continue over the next few years. Many of Nan Ya's mainland PVC plants have geared up to meet the expected surge in demand.
Platts 2007/1/4
Taiwan's Union Petchem to start new South China DOP line mid-Jan
The new line is an expansion of the existing Zhuhai DOP plant, which is currently capable of producing 140,000 mt/year. Once operational, the 100,000 mt/year line will bring the combined output of the Zhuhai plant to 240,000 mt/year.
Union Petchem is also engaged in the construction of a 45,000 mt/year Phthalic Anhydride line in the same complex.UPC has two other DOP plants, each capable of producing 100,000 mt/year, in Shanghai and Zhong Shan. Both plants are currently operating at above 90% of their nameplate capacities. The new line would bring UPC's total DOP production to 600,000 mt/year.
April 4, 2003 Financial
Times
Nan Ya Plastics to set up one more
subsidiary in mainland China
(an
affiliate of Formosa Plastics Group)
Nan Ya Plastics Corp., the largest local manufacturer of plastic products listed on the Taiwan Stock Exchange, will establish a new subsidiary manufacturer in Zhengzhou* of Henan Province, mainland China, to produce rigid PVC (polyvinyl chloride) tubes/pipes. * 河南省鄭州
June 13, 2003 Financial
Times
Formosa Plastics plans acrylates
complex in China.
$150 M is to be invested by Formosa Plastics Group in an acrylates complex at Ningbo in China. The complex will have a capacity to produce 160,000 tonnes/y acrylic acid and 230,000 tonnes/y esters. A polyvinyl chloride unit will also be built at the site and a superabsorbents plant is being considered.
A 600,000 tonnes/y purified terephthalic acid plant is planned by Formosa Chemicals & Fibre from Ningbo. It also intends to bring on line a 300,000 tonnes/y acrylonitrile butadiene styrene unit at the site during 2H 2004.