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In April 2018, Formosa Plastics and sister corporation Formosa Petrochemical Corporation announced a new US$9.4 billion chemical manufacturing complex, set to be located across a 2,400-acre site in St. James Parish, Louisiana.
The plastics industry manufactures polymer materials—commonly called plastics—and offers services in plastics important to a range of industries, including packaging, building and construction, electronics, aerospace, manufacturing and transportation.
PT Multistrada Arah Sarana Tbk is an Indonesian tire manufacturer. They sell tires under the brands Achilles and Corsa. It is considered to be one of the largest tire manufacturers in Indonesia, operating factories of 55 hectares (140 acres) and 128 hectares (320 acres), [1] located in East Cikarang, Indonesia.
The word plastic derives from the Ancient Greek πλαστικός (plastikos), meaning 'capable of being shaped or molded'; in turn, it is from πλαστός (plastos) meaning 'molded'. [10]
In 2001, Asia Pulp & Paper (APP), the subsidiary of Sinar Mas, called a standstill on $14 billion worth of bonds and loans and stopped repaying its debt, including interest payments, in what is still the largest default to foreign investors in Asian market history. [5]
Maspion Holdings Corporation, also known as the Maspion Group or simply known as Maspion (stylized as MASPION), is a group of autonomous Indonesian conglomerate and multinational companies, based in Surabaya, East Java.
Bioplastic A bioplastic is a polymer structure based on processed biological materials rather than petrochemicals.Bioplastics are commonly made from renewable sources like starch, vegetable oil, and less commonly, chicken feathers.
The company began its history in 1953, when the Indonesian Government established the legal entity N.V. Pabrik Semen Gresik with an installed capacity of 250,000 tons of cement per year. In 1957, President Sukarno inaugurated the company's cement plant .