# Kraton Corporation announces expansion of HSBC plant in Taiwan

Kraton Corporation and Formosa Petrochemical Corporation approved an expansion project for their HSBC joint venture plant in Mailiao, Taiwan, increasing capacity by 30%. The expansion is scheduled to begin in Q3 2024.

- Type: Expansion
- Announced: 2022-08-29
- Where: Mailiao, Taiwan, TWN
- Starts operating: Q3 2024
- Status: announced
- Capacity: 30% increase
- Products: styrenic block copolymers, SEBS, SEPS
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Kraton Corporation](https://endata.com/companies/24149.md)
- [Formosa Petrochemical Corp.](https://endata.com/companies/22389.md) (partner)

## Sources

- [kraton.com](https://kraton.com/newsroom/kraton-corporation-announces-expansion-project-for-its-taiwan-hsbc-manufacturing-facility/), 2022-08-29: "This exciting capacity expansion further demonstrates Kraton’s commitment to maintaining our leading position in the global Styrenic Block Copolymers market."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.