28 April 2006 10:00 [Source: ICIS news]
SHANGHAI (ICIS news)--Formosa Plastics Corp (FPC), the Taiwanese plastics major, could double the capacity of its China polyvinyl chloride (PVC) plant in Ningbo by 2008 if market conditions are favourable, a company source said on Thursday.
Output from the 300,000 tonne/year plant could be increased to 400,000-600,000 tonne/year by 2008.
Speaking on the sidelines of ChinaPlas 2006 exhibition, the source said that currently ?xml:namespace>
Other factors which could stall FPC's proposed expansion were the sharp fluctuations seen in domestic prices in
"If domestic prices begin to climb to international price levels, the expansion would be viable," he added.
The source said there were no plans to back-integrate the
The ChinaPlast exhibition started on Wednesday and ends on Saturday.
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