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06 Jan
00:00

Formosa re-shuffles Vietnam steelworks leadership

Taiwan’s Formosa Plastics Group has again re-shuffled its team in charge of building a 10.5 million tonnes/year steelworks in Vietnam, naming Chen Yuancheng as president of Formosa Ha Tinh Steel Group. Unlike the previous appointments, Formosa was keen to stress that Chen was “not just an interim president.” Chen was formerly president of Taiwan’s state-owned integrated steelmaker, China Steel, and joined Formosa on 1 August 2014. He …
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