Tag Archives | Nan Ya

MEG reacts to Taiwan developments

By Malini Hariharan

Spot monoethylene glycol (MEG) markets have quickly reacted to news that Nan Ya Plastics, an affiliate of the Formosa Plastics Group, has been ordered by the Taiwanese government to shut down two plants.

Prices surged by $15-30/tonne …

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Safety issues haunt Formosa

By Malini Hariharan

Formosa Plastics Group’s (FPG) problems appear to be escalating with the Taiwanese government ordering six plants to be shut from 1 June on safety concerns.

Local news reports state that the plants will have to remain closed …

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