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Formosa Plastics launches energy company to invest in battery factory

07/05/2022 11:09 PM
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Taipei, July 5 (CNA) A smart energy company launched by Formosa Plastics Group (FPG) on Tuesday announced a plan to invest NT$16 billion (US$535.22 million) to build a green energy production base in Changhua Coastal Industrial Park, with the focus on a lithium iron phosphate battery factory.

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