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12 Sep
08:15

Formosa Plastics targets Jiangsu steel project

On 10 September, the president of Formosa Plastics Group and representatives of the Taiwan Industrial Association visited Tongzhou Bay in Jiangsu province's Nantong city. Analysts have suggested Formosa may be joinging Zenith Iron & Steel in a steel project in Tongzhou Bay, Kallanish notes. An internal government document shows that the Tongzhou Bay government had already started negotiations with Formosa at the end of 2017 to invest …
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