Formosa Petrochemical Corp has purchased a land in St. James in Louisiana for its new $9.4bn chemical complex. The phase 1 for this unit will be completed by 2022. The phase 1 includes a 1.2m tonne/year cracker, 600,000 tonne/year propane dehydrogenation (PDH) unit, 600,000 tonne/year polypropylene (PP) plant, 400,000 tonne/year high density polyethylene (HDPE) plant, 400,000 tonne/year linear low density polyethylene (LLDPE) plant and 900,000 tonne/year ethylene glycol (EG) unit. This project will add to the economic development of Louisiana state in US
