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07 May
09:36

Formosa invests further to June-commission Ha Tinh

Taiwan’s Formosa Plastics Group has said it and its partners will invest an additional $1 billion in its Ha Tinh steelworks in Vietnam. This is in order to ensure its first blast furnace can be commissioned by the end of June this year. The plant has been mired in controversy but hopes to become the country’s first slab and hot rolled coil capacity, Kallanish notes. Ha Tinh received approval to begin testing its first blast furnace in April but has s…
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