formosa looks to expand projects in vietnam

Formosa looks to expand projects in Vietnam

Formosa Plastics Group, the Taiwanese industrial giant backing a $10 billion steel manufacturing and seaport complex in central Ha Tinh province, has announced it would expand its business in Vietnam.
formosa ready to prove doubters wrong

Formosa ready to prove doubters wrong

Formosa Plastics Group last week started building the first blast furnace for its $10 billion steel and seaport complex in central Vietnam, dispelling doubts about its commitment.
abb wins 50m in orders to power formosa plant

ABB wins $50m in orders to power Formosa plant

ABB, a Switzerland-based power and automation technology group, has won $50 million in orders from Taiwan’s Formosa Plastics Group.
formosas 89bn project in trouble

Formosa’s $8.9bn project in trouble

Formosa Plastics Group’s $8.9 billion steel and seaport project is under threat from fund mobilisation woes and water supply concerns.
plastics exports target 400 million in q2

Plastics exports target $400 million in Q2

Formosa refuses $170m stake acquisition request

Taiwan’s Formosa Plastics Group has snubbed a request from Vietnam’s Van Loi Steel Group to sink $170 million into a steel manufacturing plant in central Ha Tinh province.
hcm city hosts propak and plastics rubber vietnam 2012

HCM City hosts ProPak and Plastics & Rubber Vietnam 2012

show stoppers for city

Show stoppers for city

A total of 339 companies are displaying their products and technologies in two international exhibitions on packaging and rubber and plastics in Ho Chi Minh City on February 29-March 2.
acb bank launches foreign trade financing program

ACB bank launches foreign trade financing program

Ho Chi Minh City-based Asia Commercial Bank (ACB) has kicked off a five-month credit program to support exports and imports, focusing on rice, fisheries, cashew nuts, petrol, plastics, steel and some other products.
exports of plastics up 35 per cent on firming global demand

Exports of plastics up 35 per cent on firming global demand

The export of plastic products is forecast to help the country gain an annual turnover of $1.35 billion, up 35 per cent over last year, according to the Ministry of Industry and Trade.
japan a potential market for vietnamese plastics

Japan - a potential market for Vietnamese plastics

technology expo to open in hcmc

Technology expo to open in HCMC

More than 200 domestic and foreign exhibitors will present the latest technology, machinery, equipment and other products in the fields of plastics, rubber, printing, packaging and industrial automation at the 19th International Industrial Machinery Exhibition that will open next Tuesday.
taiwans formosa to invest 21 bn in us

Taiwan's Formosa to invest $2.1 bn in US

Taiwan petrochemical giant Formosa Plastics plans to invest $2.1 billion to expand existing facilities in the United States, local media reported Monday.
dong devaluation could leave plastic makers hurting

Dong devaluation could leave plastic makers hurting

The recent devaluation of the dong combined with higher power costs could rob plastic enterprises of all or most of their profits, Le Quang Doanh, chairman of Vietnam Plastics Association, said.
taiwans formosa to invest 23 billion in china report

Taiwan's Formosa to invest $2.3 billion in China: report

Taiwan petrochemical giant Formosa Plastics Group plans to spend more than two billion US dollars to expand its complex in China, a report said Sunday.