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Formosa May Form Ningbo Ethylene Venture, Apple Daily Says

Dec. 27 (Bloomberg) -- Formosa Plastics Group may form a joint venture with Ningbo government to build an ethylene plant in the Chinese city, the Apple Daily News reported, without saying where it got the information. The proposal may be sent to the Chinese state council for approval next month, the Taipei-based newspaper said.

Story link: {NSN LE23CW6KLVR5<GO>}

To contact the editor responsible for this story: Rebecca Evans at

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