CANCUN, Mexico Diamonchem
International Co. Ltd. is mulling a new zinc oxide plant in
Taiwan in the next two to three years, head of research
Wei-Chung Chen said.
Diamonchem in October bought
14,000 square meters of land in Taichung for the plant, but no
decision to build has yet been made, she told AMM at
the International Zinc Association conference in Cancun.
Chang Hwa Hsien-based
Diamonchems three existing plants in Taiwan have a
combined annual capacity of some 30,000 tonnes, Chen said,
noting that the new plants capacity is unknown as plans
The company is optimistic about
demand in 2013 after a disappointing 2012. "Last year was bad,
especially with the European crisis and the fact that China
wasnt growing as fast as expected. Sales were not as
good," Chen said, citing lower automotive and tire output.
"But now, Europe is
(experiencing) a slight recovery. We still dont know
about China though (and) zinc oxide demand depends on them.
(But) it should be better than last year," she added.