Formosa Chemicals & Fibre and Formosa Taffeta Sell Idle Land in Mailiao for a Total of NT$556 Million
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Formosa Chemicals & Fibre Corp. (FCFC) and Formosa Taffeta Co. (FTC) announced today the sale of idle land in Mailiao, Yunlin, to their affiliate, Mailiao Power Corporation, for a total of NT$556 million. This move is primarily to meet the land requirements for Mailiao Power Corporation's solar power plant project.