Bloomberg Law
July 24, 2020, 6:28 PM

Formosa Plastics Halts Some Work on $9.4 Billion Louisiana Plant

Alexandra Yetter
Alexandra Yetter

Formosa Plastics Group, one of Taiwan’s top petrochemical companies, has agreed to suspend parts of construction of its $9.4 billion plant in rural Louisiana after opponents filed a preliminary injunction to block construction.

FG LA LLC, the company’s Louisiana division, will defer some construction activities until Feb. 1 in exchange for plaintiffs dropping their motion for a preliminary injunction, under an agreement signed Friday by U.S. District Court for the District of Columbia Judge Randolph D. Moss.

FG agreed not to build a construction dock on the Mississippi River or work near wetlands or ...

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