TAIWAN'S SIXTH NAPHTHA CRACKER GETS GREEN LIGHT
Taiwan's petrochemical sector continues to expand. Construction of Formosa Plastics Group's (FPG) often delayed naphtha cracker in the Mailiao industrial zone is scheduled to get under way this month. FPG and government agencies have agreed on a series of issues that had threatened to delay the project again. Frequent delays had led FPG to consider a $6-7 billion petrochemical complex in China as an alternative, but the company later scrapped that project (OGJ, Dec. 7, 1992, p. 35).