Taiwan: Ambitious polyester producer partners Invista

07/01/2014

Lealea Enterprise, a Taiwan-based polyester yarn producer, has announced it will build a $100 million nylon 6,6 factory in Fangyuan, which will double its annual revenues to $67 million. “We are in talks with US-based Invista to purchase the technical knowhow, and we expect to finalise the deal by the first quarter of 2014,” said Lealea chairman...