Taiwan’s Formosa Plastics Group is planning to invest NT$124.6 billion (US$1=NT33) in developing the fourth phase of its industrial complex in Mailiao in Yunlin County. “Pending environmental approval, the complex will become the world’s largest petrochemical industrial park, with an estimated output value of NT$830 billion,” Formosa’s vice president of management, Wu Shin-jer, told the…

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