Latest Formosa Plastics Corp News

Fight over $400M grain terminal turns to 'corrupt zoning'

Nov. 10, 2021 16:28 PM EST

NEW ORLEANS (AP) — Descendants of people enslaved in Louisiana are seeking to keep a $400 million grain terminal out of their community by suing to abolish the land’s 1990 “corrupt rezoning” as industrial. That ordinance was pushed through as part of a Formosa...

Texas company to pay nearly $3M for Clean Air Act violations

Sep. 15, 2021 13:41 PM EDT

POINT COMFORT, Texas (AP) — A Texas plastics company has agreed to pay nearly $3 million in civil penalties for violating the Clean Air Act, the U.S. Department of Justice announced. Formosa Plastics Corp. also agreed to improve its risk management program at its...