Asia
Daxin Materials to Invest NT$2.2 Billion in New Plant
Daxin Materials (TPE:5234) is slated to construct a new plant on leased land at the Kaohsiung Ciaotou Science Park for a projected investment of around NT$2.2 billion, according to a Wednesday filing with the Taiwan Exchange.The investment will fund the expansion of production capacity and operation facilities to support long-term growth.The specialty chemicals maker will fund the plant through internal resources, bank borrowings and other financing sources.
TPE:5234
