LIVINGSTON, N.J. - Formosa Plastics Corp. USA is considering building a facility in Texas to produce 660 million pounds of impact copolymer polypropylene resins annually by the year 2000. Chisso Corp. of Tokyo announced in August it agreed to provide Formosa Plastics with production technology for the facility.
Paul Wong, who is responsible for sales and marketing polyolefin products for Formosa Plastics USA in Livingston, on Sept. 3 confirmed that Formosa had discussions with Chisso and was considering such a facility, but he would not comment further. Formosa Plastics USA is a subsidiary of Formosa Plastics Corp. of Taipei, Taiwan.
The company announced in 1993 plans to produce ethylene, polyethylene and PP at its polyolefins production plant in Point Comfort, Texas, and said at that time its intentions were to use the facility to provide resins for its own huge internal uses and for export.
Formosa Plastics Corp. has several other affiliates in the United States and in the Far East that produce biaxially oriented PP film and a variety of other polymer products that consume PP, polyethylene and PVC.
The firm claims to be the largest producer of PVC in the world.