A fire engulfed a synthetic paper plant owned by a group company of Taiwan's Formosa Petrochemicals Corp, as per Reuter. The fire broke out at the plant in southern Taiwan run by Nan Ya Plastics early on Sunday and was not extinguished as of 0900 GMT. Though there are no casualties, but it is too early to assess the damage.
The fire follows two fires in a month in July at Formosa’s Mailiao oil refinery, for which it was fined US$31,000 and ordered to close the refinery for a time.
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