# Formosa Plastics progresses on $5.1B Point Comfort chemical expansion

Formosa Plastics Corporation USA is well underway with a $5.1 billion expansion at its Point Comfort, Texas complex, including a 2.65-billion-pound-per-year Olefins 3 ethylene unit, an EO/EG unit, an LDPE unit, and a polyethylene unit. Completion of the ethylene unit is expected in Q4 2018.

- Type: Expansion
- Announced: 2018-04-12
- Where: Point Comfort, Texas, United States
- Value: $5.10B
- Starts operating: Q4 2018
- Status: under construction
- Capacity: 2.65 billion pounds per year of ethylene (Olefins 3); 1-1.2 billion pounds per year of ethylene oxide/ethylene glycol; 881 million pounds per year of LDPE; 525,000 pounds per year of polyethylene
- Products: ethylene, ethylene oxide, ethylene glycol, low density polyethylene, polyethylene
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Formosa Plastics Corporation USA](https://endata.com/companies/31295.md)

## Sources

- [industrialinfo.com](https://www.industrialinfo.com/news/article/formosa-progresses-on-point-comfort-chemical-expansion-plans-loom-for-louisiana--263208), 2018-04-12: "Formosa Plastics is well underway with a big expansion at its Point Comfort, Texas, complex, valued at more than $5.1 billion."

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