EXPANSION:The specialty chemicals maker is planning to construct a corrosion-resistant materials plant in Malaysia next quarter as it extends its footprint in Asia
DateL: May 05, 2017
By: Kuo Chia-erh / Staff reporter
Resin manufacturer Swancor Holding Co Ltd (上緯) yesterday said its new plant in China is to start operating next month.
“The new facility in China’s Jiangsu Province will be able to produce 15,000 tonnes of corrosion-resistant materials per year,” chairman Robert Tsai (蔡朝陽) told an investors’ conference, citing rising demand in the Chinese market.
Tsai said that Swancor is also extending its footprint in Southeast Asia, hoping to duplicate its success there.
“We are going to build a new corrosion-resistant material factory in Malaysia next quarter,” he said. [FULL STORY]