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Company: Formosa Plastics Corporation
Current Parent Company:
Formosa Plastics
Parent at the Time of the Penalty Announcement:
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Penalty: $2,850,000
Year: 2021
Date: September 13, 2021
Offense Group: environment-related offenses
Primary Offense: environmental violation
Violation Description: Formosa Plastics Corporation agreed to pay $2.85 million in civil penalties and to improve its risk management program to resolve alleged violations of the Chemical Accident Prevention Provisions of the Clean Air Act (CAA) at its petrochemical manufacturing plant in Point Comfort, Texas.
Level of Government: federal
Action Type: agency action
Agency: Environmental Protection Agency referral to the Justice Department
Civil or Criminal Case: civil
Facility State: Texas
Facility City: Point Comfort
HQ Country of Current Parent: Taiwan
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: chemicals
Specific Industry of Current Parent: chemicals
Source of Data:
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the
Update Log.
