# 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.

- Type: Investment
- Announced: 2017-02-22
- Where: St. James, Louisiana, United States
- 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)
- Products: ethylene, propylene, petrochemicals
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Formosa Plastics Group](https://endata.com/companies/22388.md)
- [Formosa Petrochemical Corp.](https://endata.com/companies/22389.md) (investor)
- [Formosa Chemicals & Fibre Corp.](https://endata.com/companies/22390.md) (investor)

## Sources

- [bicmagazine.com](https://www.bicmagazine.com/projects-expansions/downstream/taiwan-s-formosa-seeks-u-s-permit-for-9-4b-investment/), 2017-02-22: "Seeking a permit solidifies that Formosa wants to do the project."

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