TAIWAN: Far Eastern Textile To Lift Polyester Output
A top executive of fibre giant Far Eastern Textile Ltd on Monday said the firm expects its polyester production capacity in China to increase to the same level of the company's capacity in Taiwan by 2006 or 2007. President Johnny Shih said the firm currently boasts an annual polyester production capacity of 800,000 metric tons at its factories in Taiwan compared to a capacity of 400,000 metric tons at its plants on the mainland.