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Kraton Corporation announced the opening of a 30 kiloton hydrogenated styrenic block copolymer (HSBC) plant in Mailiao, Taiwan on May 12, 2017. The plant is owned by the Kraton Formosa Polymers joint venture and employs approximately 100 people.
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.