Taiwan-based Formosa Chemicals & Fibre Corp., a petrochemical production company, has announced that it will invest $1.03 billion to set up a solar-grade poly-Si factory in central Taiwan, according to a Chinese-language Economic Daily News (EDN) report.
The factory will eventually have an annual capacity of 8000 metric tons. First-phase establishment of 4000 metric tons is expected to be to be completed in 2012..
Unlock unlimited access for 12 whole months of distinctive global analysis
Photovoltaics International is now included.
- Regular insight and analysis of the industry’s biggest developments
- In-depth interviews with the industry’s leading figures
- Unlimited digital access to the PV Tech Power journal catalogue
- Unlimited digital access to the Photovoltaics International journal catalogue
- Access to more than 1,000 technical papers
- Discounts on Solar Media’s portfolio of events, in-person and virtual
Formosa Chemicals & Fiber was established in 1965 to meet the rising demand in fiber and plastic products in Taiwan. Since then, the company, primarily engaged in petrochemical production, has expanded into an industry giant, dealing with specialty chemicals, plastics, textiles, nylon, engineering, and construction of industrial parks throughout the country. Formosa also generates electricity and provides water treatment services.
