2/28/2012

Formosa Plastics confirmed its plan to construct a new ethane cracker and propane dehydrogenation plant in Texas, which will total about $1.7 billion in investments. The cracker's output will provide the feedstock for other downstream facilities in the area. The company's project follows similar plans by Shell Chemicals, Dow Chemical and Chevron Phillips Chemical to build such cracker facilities.

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ICIS News (U.K.)

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