ERJ staff report (DS)
Nantong, Jiangsu province, China -- Polybus Corporation Pte, a 100 percent subsidiary of TSRC Corp. has said it intends to build a solid NBR (acrylonitrile butadiene rubber) plant in China, according to the Taiwanese State news service, CENS. The plant will be constructed by a new company, initially named TSRC NBR Co. affiliated to Polybus.
TSRC said the plant will be built in Nantong, Jiangsu province. The company did not indicate a capacity figure, but said the invested capital will reportedly be around US$24.8 million (Euro 18.4 million)
ERJ contacted TSRC for confirmation and to seek more details, but the company had not responded by presstime.
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Website of TSRC
TSRC Corporation to Set up NBR Plant in China CENS (Taiwan)