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Kraton and Formosa revive Taiwan HSBC joint venture

9:54 AM MST | March 1, 2013

Kraton has revived plans for a 50-50 joint venture with Formosa Petrochemical to build and operate a 30,000-m.t./year hydrogenated styrenic block copolymer (HSBC) plant at Formosa’s Mailiao, Taiwan, site. Construction costs for the HSBC jv at Mailiao will be at least $200 million, and the plant could be online as early as mid-2015, Kraton says. The HSBC project, first announced in mid-2011, faced delays in obtaining permit approvals from the Taiwanese EPA. When the permit was issued in July 2012, it contained conditions that Formosa considered to be too...

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