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[China Epoxy Resin Industry Online] August 18, 2006: Nanya Plastics invested another 5 billion yuan to expand its new factory in Kunshan to improve its long epoxy resin industry chain! One of the core enterprises of the Formosa Plastics Group where Wang Yongqing works- -Nan Ya Plastics Corp.
(Nan Ya Plastics Corp.
, 1303.
TW) will focus on continuing to expand its investment in the mainland.
According to experts from the China Epoxy Industry Association (style="vertical-align: inherit;"> ), the company plans to add NT$20 billion (approximately RMB 5 billion) in Kunshan to expand the company’s market share in electronic materials.
rate.
As a leading manufacturer of plastic products in Taiwan, the additional investment this time will be used to build new factories, including the construction of the third glass fiber factory with an annual production capacity of 40,000 tons and the third glass cloth factory with a monthly production capacity of 9 million meters.
After the new plant is put into operation, the annual output of Nanya Plastics' glass filaments will reach nearly 160,000 tons, accounting for one-third of the world's annual output.
In terms of glass cloth, Nanya Plastics has 6 factories on both sides of the Taiwan Strait, with a monthly output of 41 million meters, ranking first in the world.
After the completion of the second glass fiber factory in Kunshan, South Asia in April this year, the second glass cloth factory with a monthly output of 9 million meters will also be completed this month.
Nanya Plastics' integrated layout of upper, middle, and downstream on both sides of the strait is becoming increasingly clear: that is, its top raw materials, epichlorohydrin and propylene glycol, will be directly transported to the epoxy resin plant in Kunshan through the Liuqing Port in Mailiao, Taiwan.
