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Formosa plans to build ethylene plant in Louisiana

6:30 AM MST | January 17, 2014 | —Natasha Alperowicz

Formosa plans to build ethylene plant in Louisiana Formosa Plastics is planning to invest in a new ethylene plant in Louisiana using shale gas feedstock, according to local reports citing Formosa’s chairman Lee Chin-tsuen. Lee was speaking to Formosa employees in Kaohsiung, Taiwan, last week at the company’s end-of-year party. Lee made the statement a day after the governor of Louisiana, Bobby Jindal, visited the company at Taipei. Formosa is already developing a 1.2-million m.t./year ethylene plant at Point Comfort, TX. “The governor called on...

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