# Formosa Plastics Group plans $5B expansion in Texas

Formosa Plastics Group also plans a $5 billion investment to expand production lines in Texas, with completion expected by 2018.

- Type: Expansion
- Announced: 2017-02-22
- Where: Texas, United States
- Value: $5.00B
- Starts operating: 2018
- Status: under construction
- Products: 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 Plastics Group](https://endata.com/companies/22388.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: "The expansion in Texas is already underway, which will be completed by 2018."

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