Formosa Plastics Corp

Formosa Delays Construction of Louisiana Cracker Project Citing Pandemic

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Formosa Plastics affiliate FG LA LLC said it is deferring major construction on a petrochemical facility in St. James Parish, The Advocate reported. Formosa Plastics is citing the coronavirus pandemic for its decision to delay construction work on its $9.4 billion petrochemicals project in Louisiana. A statement from the company said building won’t begin until … Read more

Tokuyama and Formosa Plastics to form IPA Joint Venture

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Tokuyama Corp. to establish a 50-50 joint venture (JV) in Taiwan with Formosa Plastics Corp. for the purpose of manufacturing and selling high-purity isopropyl alcohol (IPA) for the electronics industry. The decision was taken at a Board of Directors’ meeting held on September 25, 2020. The JV will be called Formosa Tokuyama Advanced Chemicals Co., … Read more