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(From Taiwan Economic News)
Taipei, Dec. 21, 2006 (CENS)--Formosa Heavy Industries Corp. (FHIC), a subsidiary of the Formosa Plastics Group, is considering tapping the Indian market by setting up power plants there
FHIC, established in 1991, is equally invested in by FPG's three major subsidiaries, including Formosa Plastics Corp., Nan Ya Plastics Corp. and Formosa Chemical & Fiber Corporation. Over the past few years, the company has successfully exported steam/electricity cogeneration systems to the Philippines and mainland China
Recently FHIC has reached consensus with a petrochemical firm of India for exporting three cogeneration systems on a …