Formosa Plastics to Close Delaware Production FacilityFormosa Plastics to Close Delaware Production Facility
July 30, 2018
Taiwanese-owned plastic resins and petrochemicals supplier Formosa Plastics Corporation U.S.A. recently filed documents with the state of Delaware outlining its plans to close its plant in Delaware City this fall.
Formosa Plastics submitted a WARN Notification to officials last Wednesday indicating that about 75 workers will be impacted by the plant’s closure, Delaware news website FirstStateUpdate.com reported. Operations at the polyvinyl chloride (PVC) production site are slated to halt this September, coverage by the Associated Press said, with decommissioning taking place sometime before 2019.
The Delaware City plant produces homopolymer, copolymer, micro-dispersion, and blending resins. Production of PVC will reportedly be shifted to Point Comfort, TX, where Formosa operates a production complex with an annual capacity of 850,000 tn., the company said in a statement to ICIS News.
Since opening in 1966, the plant has received citations for violating environmental laws on several occasions. The plant is designated as a “Superfund” site by the U.S. Environmental Protection Agency (EPA).
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