TAIWANESE COMPANIES EXPANDING PETROCHEMICAL INVESTMENT

Taiwanese companies are stepping up their spending in petrochemicals. Among recent developments, plans are advancing for perhaps two worldscale naphtha crackers in Taiwan, and startup is expected soon for a major, partly export oriented purified terephthalic acid (PTA) project. Plans also are taking shape for investment by Taiwanese companies in the petrochemical industries of Indonesia, Thailand, and the U.S.

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