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Formosa Plastics Faces $57M Lawsuit for Leaking Plastic Pellets into Bays

Formosa Plastics Faces $57M Lawsuit for Leaking Plastic Pellets into Bays

Formosa Plastics is the third plastics manufacturer in the last month to make the news for illegally discharging plastic pellets into surrounding waterways and faces a massive lawsuit. RioGrande Legal Aid claims Formosa has violated the federal Clean Water Act continuously for over 548 days.

Petrochemical Corridor Attracts Investment

The Gulf Coast petrochemical corridor has attracted foreign investment because of cheap natural gas and lower costs, Fuel Fix reports. The price advantage of US-produced ethane, used in plastics manufacturing, over naptha is a key factor. Naptha is derived from petroleum, which is more expensive. More than $90 billion of … Read more »