Home / Knowledge / News / Textiles / Decision on reopening of Nan Ya plants stayed
Decision on reopening of Nan Ya plants stayed
23
Jun '11
Taiwan's Ministry of Economic Affairs (MOEA) has ruled that operations at the Nan Ya Plastics Corp's five petrochemical plants, which pose a danger to industrial safety, would remain suspended till MOEA's final ruling in this regard.

The Ministry is still analysing the facts and legal side of the case and would soon reach a final decision, an officer of the Ministry's Petitions and Appeals Committee has revealed.

The decision to postpone reopening of Nan Ya plants was taken at a meeting of the MOEA attended by the firm's President Wu Chia-chau, Yunlin County Commissioner Su Chih-fen, and other county officials.

At the meeting, the parties put forward their respective case on the closure orders for the five facilities. The meeting was held following the Corporation's plea to the Ministry claiming that the orders of the Yunlin County government were not valid and closure orders for four of the five plants should be withdrawn as functionality of these plants have nothing to do with the fires that raged at the fifth plant during May 2011.

The Yunlin County government had on May 27 ordered Nan Ya to close operations at five plants in its 50-hectare Haifeng compound facility where fires had broken out on May 12 and May 18.

The Haifeng compound incorporates five production facilities which produce several basic textile materials and petrochemical intermediaries.

In a statement to the Taiwan Stock Exchange, Nan Ya stated that the shut down of operations at the five plants is causing the Corporation to incur financial losses of no less than NT$8.4 million or US$ 289,700 per day.

The Yunlin County has ruled that the plants would have to remain closed till the County and the Council of Labour Affairs certify that the safety standards at these facilities have been properly upgraded.

Fibre2fashion News Desk - India


Must ReadView All

Courtesy: Kai Pilger from Pexels

Apparel/Garments | On 26th Apr 2018

FOBAP in the Philippines trying for garments sector revival

The Foreign Buyers Association of the Philippines (FOBAP), a body...

German investors keen to invest in Pakistan: top official

Textiles | On 26th Apr 2018

German investors keen to invest in Pakistan: top official

A German traders delegation will soon visit Pakistan to explore...

Courtesy: Uster

Textiles | On 26th Apr 2018

Uster Technologies acquires Elbit Vision Systems

Uster Technologies has announced the successful closure of the...

Interviews View All

Subhashini Srinivasan
The S Studio

Ethnicwear market will see an upward trend if uniqueness and quality are...

Abhishek Samdaria
Reflete

GST will certainly reduce a lot of paperwork in future

Top executives
Textile industry

Knowledge sharing platform needed for sustainable water management

C Dhandayuthapani

MAG Solvics Private Limited was established in 1991 to design and develop...

Erik Sy

Manila-based CustomThread is a start-up offering premium custom apparel...

John Kelley

Textile Events is one of the largest textile fair in the United Kingdom,...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Cigdem Akin
Cigdem Akin

She has carved a niche for herself as the national brand of Turkey. Her...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


April 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
69.9%
No
12.6%
Skip
17.5%

Total Votes: 103

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
63.1%
No
29.1%
Skip
7.8%

Total Votes: 103

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.4%
No
8.7%
Skip
3.9%

Total Votes: 103

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
82.5%
No
7.8%
Skip
9.7%

Total Votes: 103


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search