◂ Announcements

Feb 22, 2017INVESTMENTSt. James, Louisiana, United States

Formosa Plastics Group seeks permit for $9.4B petrochemical complex in Louisiana

Formosa Plastics Group is seeking a permit from Louisiana to invest $9.4 billion to build petrochemical plants in St. James, including an ethane cracker and propylene plant in phase one, and a second ethylene plant in phase two.

Value

$9.40B

Status

Announced

Capacity

1.2 million metric tons per year ethane cracker, 600,000 ton-per-year propylene plant (phase one); 1.2 million tons per year ethylene plant (phase two)

Productsethylenepropylenepetrochemicals

CompaniesFormosa Plastics Group Formosa Petrochemical Corp. investor Formosa Chemicals & Fibre Corp. investor

Sectors#Specialty Chemicals #Plastics and Polymers

“Seeking a permit solidifies that Formosa wants to do the project.”bicmagazine.com

1 source
bicmagazine.comTaiwan's Formosa seeks U.S. permit for $9.4B investment - BIC MagazineFeb 22, 2017

Summarized from public sources; check the original articles before acting on it.

◂ Announcements

Formosa Plastics Group seeks permit for $9.4B petrochemical complex in Louisiana

More from Formosa Plastics Group

◂ Announcements

Formosa Plastics Group seeks permit for $9.4B petrochemical complex in Louisiana

More from Formosa Plastics Group

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