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Formosas compensation offer accepted

August 24/2010

(plastemart) -- Residents in the vicinity of Formosa Plastics Groups naphtha cracker in Mailiao, Yunlin County, have accepted the companys compensation offer at a meeting chaired by the county government.

The residents of Mailiao and of nearby Taihsi accepted FPGs offer to compensate for the damage from the fire to their crops and fish. The county governments agriculture department is to prepare the application procedure and other necessary measures to ease the payments by the company. Yunlin County Magistrate has agreed to the compensation amount at a meeting with FPG top managers, but local residents maintained their demand for a NT$30,000 (US$939) work safety payment per person.

Formosas compensation offer accepted

MRC Reference


The share in the Russian market in 2008:
 PVC-S  3.0%;

 PP  0.4%.

Annual growth sales in Russia :
 PVC  79 % (over the last year) ;

 PP  272 % (over the last 3 years).

Supply by processing technologies:
 profile extrusion

 film extrusion

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