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Nan Ya to Spend $360M on Expansion

Published: 28 August 2007
 by Staff
KUNSHAN, CHINA – Nan Ya Plastics Inc., affiliate of the Formosa Plastics Group, will spend $360 million to expand its Kunshan PCB materials manufacturing site.
 
Once complete, the site will have the world`s largest capacity for glass fiber and fabrics for use in copper-clad laminates.
 
The latest expansion will also reportedly bring Nan Ya’s total investment in the site to $2.2 billion since its 2000 groundbreaking.
 
According to Nan Ya executives, the company is also expanding its epoxy resin production to a reported 132,000 metric tons annually.
 
This will place the company among the top three epoxy-resin suppliers with an output of 432,000 metric tons per year.
 
A third glass-fiber factory is also going in, capable of producing up to 38,000 metric tons a year. Nan Ya will likely build one more factory at the base, the company said.  
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