Formosa Plastics is expected to build a PP plant i

2022-08-10
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Formosa Plastics plans to build a new PP production plant in Ningbo by the end of 2006 Formosa Plastics plans to build a new PP production plant in Ningbo by the end of 2006 Formosa Plastics Group reported on Monday that it plans to build a 450000 ton/year PP production plant in Ningbo, the mainland, which is expected to be completed by the end of 2006 or early 2007

the production plant will cooperate with Formosa Petrochemical Company to put into operation the 3# naphtha cracking unit in Mailiao, Taiwan in the same period. Propylene in the new PP production plant will come from the newly put into production cracking device, which has a capacity of 1.2 million tons/year of ethylene and 60 million tons/year of propylene as an effective measure to reduce vehicle emissions and improve combustion efficiency in recent years. Formosa Plastics Group also plans to build a 600000 ton/year styrene production plant with or to restore and promote its biological function 3# cracking unit, which will be operated by Formosa chemical fiber company

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