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02 Aug
12:48

Formosa looks for partners at Ha Tinh

Taiwan’s Formosa Plastics Group says it is still looking for new partners to invest in its Formosa Ha Tinh steelworks in Vietnam. Capex requirements increased sharply after a spill of toxic waste water caused a major environmental crisis in 2016, but the plant is now operating and fills an important gap in the local market, Kallanish notes. The steelworks may finally get its first Vietnamese investor, reports suggest. Formosa has invited Vietjet Air to tak…
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