Keyword: Formosa

Markets & Companies

Slowing Investment Wave in Chemical and Oil Industries

26.03.2020 - In the wake of the coronavirus and collapse in crude oil prices, chemical, oil and gas, and midstream companies will all slash capital spending (CAPEX) for growth projects to...

News

Formosa Buys Louisiana Site for Complex

30.04.2018 - Taiwan’s Formosa Petrochemical has bought a 2,400-acre site in St. James Parish, Louisiana, USA, for its proposed $9.4 billion petrochemical complex located along the west bank of...

News

CB&I wins Formosa Cumene/Phenol Upgrade

12.05.2017 - US engineering contractor CB&I has won a contract from Formosa Chemicals and Fibre for the license and engineering design of a cumene and phenol expansion in Ningbo, China. CB&I...

Strategy & Management

Role Reversal

04.12.2015 - China’s role within the global chemical industry has so far mostly been seen as an export market for global producers, not only for specialty chemicals but also for many basic...

News

Formosa Mulls Mammoth Louisiana Petchems Project

09.09.2015 - Taiwan’s Formosa Petrochemical is studying plans for a two-phase $9.4-billion petrochemical complex in St. James Parish, Louisiana, on the US Gulf Coast, which would include at...

News

ThyssenKrupp Tapped for Formosa’s Texas PDH Plant

01.10.2014 - ThyssenKrupp Industrial Solutions has been chosen by Formosa Plastics to supply the Steam Active Reforming (STAR) process developed by its predecessor Uhde for a 545,000 t/y...

News

Westlake to Acquire German PVC Producer Vinnolit

29.05.2014 - Private equity investor Advent International has agreed to sell German PVC producer Vinnolit to Houston, Texas-based US petrochemical producer Westlake for €490 million ($668...

News

Formosa Plastics Plans $2 Billion Ethane Cracker in Texas

27.11.2013 - One of Asia's largest chemicals and plastics producers, Taiwan-based Formosa Plastics, is seeking to cash in on the U.S. shale gas boom with its own $2 billion ethane cracker in...