Formosa mulls petrochem project in Vietnam

10-Jun-08
Taiwans' Formosa Plastics Corp. plans to build a petrochemical complex in Vietnam, over 6,000 hectares: more than three times the size of the company's petrochemical base in Taiwan. Taipei-based Formosa is Taiwan's biggest diversified industrial company, and has planned to expand in Vietnam to cut costs and tap the Southeast Asian market.
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