Tuesday, December 30, 2008

Formosa Plastics to pump US$30 mln into subsidiary in Mainland China

Formosa Plastics Group has secured approval from the directorate to inject US$30 mln into its mainland subsidiary Formosa Polypropylene (Ningbo), in a bid to improve the worsening financial situation of the mainland unit.

For more details on Formosa Plastics to pump US$30 mln into subsidiary in Mainland China click here

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