09 June 2010 07:21 [Source: ICIS news]
SINGAPORE (ICIS news)--Taiwan’s Formosa Chemicals & Fibre Corporation’s (FCFC) new nylon chips and textile yarn lines in Dongnai province, Vietnam, are expected to come on-stream at the end of the year, a source close to the company said on Wednesday.
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The company’s nylon chips and textile yarn lines would have a capacity of 5,000 tonnes/month and 4,000 tonnes/month, respectively, according to the source.
“We can also be in a more competitive position [in the future],” the source said, adding that there was no need to pay anti-dumping duties (ADD) when exporting from
Currently, most major Taiwan-based nylon chips producers must pay an ADD rate of 4.0–4.3% when they export to
Nylon is widely used in the manufacture of hosiery, knitted garments, threads, ropes, filaments, nets and tire cords.
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