Thermoset JV planned in China

07-Nov-05
To serve the global thermosets markets, PPG Industries and Sinoma Jinjing Fiber Glass Co. Ltd. plan to launch a 50-50 joint venture-PPG Sinoma Jinjing Fiber Glass Co. Ltd. The plant, with 60,000 metric tons capacity, will be located at the existing Sinoma Jinjing Fiber Glass plant in China and will serve the growing Asian market as well as specific global customers. Thermoset production at this plant will complement PPG's existing regional joint ventures for fiber glass electronic and specialty materials yarns and reinforcements with Nan Ya Plastics Corp. PPG and Nan Ya have operated PFG Fiber Glass Corp. in Chia Yi, Taiwan, since 1991, and PFG Fiber Glass (Kunshan) Co. Ltd. in Kunshan, China, since 2003. The Kunshan site is adding a second 38,000 metric ton furnace scheduled for start-up in 2006 to serve the growing Asian markets for electronic yarn and thermoplastic chopped strand.
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