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PPG: Nan Ya announces fibreglass joint venture

Taiwanese firm Nan Ya Plastics, part of the Formosa Plastics group, recently announced plans to set up ” subject to approval by the Taiwan government ” a US$ 41.5 million 50-50 joint venture with US f…

Taiwanese firm Nan Ya Plastics, part of the Formosa Plastics group, recently announced plans to set up ” subject to approval by the Taiwan government ” a US$ 41.5 million 50-50 joint venture with US firm PPG Industries to produce fibreglass in China. The plant will be located in the eastern Chinese province of Jiangsu, said Nan Ya spokesman Wu Chia-chao.

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