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World News and Views :: Projects

Taiwan lifts ban on cracker projects in Mainland China, Gulei to go first

5:32 AM MDT | September 25, 2013 | Natasha Alperowicz

The Taiwanese government has decided to lift the ban on Taiwanese companies investing in upstream projects in China, including olefins plants. Sources in Taipei tell CW that the government will soon announce other concessions to Taiwanese investors who want to locate upstream production facilities on Mainland China. The move follows years of resistance by the Taiwanese government to allow producers to invest in strategic projects on Mainland China for political reasons.    The first cracker project to be approved will be Gulei Petrochemical, a...

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