Subsidy Tracker

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Subsidy Tracker Parent Company Summary

Parent Company Name: Formosa Plastics
Ownership Structure: publicly traded
Headquartered in: Taiwan
Major Industry: chemicals
Specific Industry: chemicals

Subsidy Summary	Subsidy Value	Number of Awards
State/Local	$159,918,474	23
Federal (grants and allocated tax credits)	$0	0
TOTAL	$159,918,474	23
Loan / Bailout Summary	Total Face Value	Number of Awards
State/Local loans, bond financing and venture capital	$0	0
Federal loans, loan guarantees and bailout assistance (not including repayments)	$0	0
TOTAL	$0	0

Time Period for State and Local Awards: Earliest year of data: 1999. Availability of data for earlier years varies greatly from program to program. The majority of the listings for this parent company are for the period since 2009.
Time Period for Federal Awards: FY2000 to the present
Notes: Dollar totals do not include awards for which no subsidy value is disclosed.
Links: For a summary of this company's regulatory violations see its Violation Tracker summary page here.

Top 5 States for state/local awards	Total Subsidy $	Number of Awards
Texas	$103,163,628	6
Louisiana	$56,754,846	17

Individual Subsidy Records:

Click on the company name for more information on each subsidy award.

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Company	Location	Subsidy Source	Year	Subsidy Value	Type of Subsidy
Formosa Plastics Corporation, Texas	Texas	local	2017	$45,082,726	Property Tax Abatement
Formosa Plastics Corporation, Texas	Texas	local	2015	$36,205,841	Property Tax Abatement
Formosa Plastics Corporation, Louisiana	Louisiana	local	2019	$19,145,112	Property Tax Abatement
Formosa Plastics Corporation	Louisiana	state	2012	$18,742,042	Property Tax Abatement
Formosa Plastics Corporation Texas	Texas	local	2021	$6,409,564	Property Tax Abatement
Formosa Plastics Corporation, Texas	Texas	local	2007	$6,113,541	Property Tax Abatement
Formosa Plastics Corporation, Texas	Texas	local	2019	$5,028,111	Property Tax Abatement
Formosa Plastics Corporation, Texas	Texas	local	2012	$4,323,845	Property Tax Abatement
Formosa Plastics Corporation	Louisiana	state	2013	$4,169,043	Property Tax Abatement
Formosa Plastics Corporation	Louisiana	state	2012	$3,492,593	Property Tax Abatement
Formosa Plastics Corporation, Louisiana	Louisiana	state	2021	$2,106,197	Tax Credit
Formosa Plastics Corporation	Louisiana	local	2014	$1,788,765	Property Tax Abatement
Formosa Plastics Corporation	Louisiana	state	2015	$1,391,874	Property Tax Abatement
Formosa Plastics Corporation	Louisiana	state	2010	$814,126	Property Tax Abatement
Formosa Plastics Corporation	Louisiana	state	2009	$808,527	Property Tax Abatement
Formosa Plastics Corporation	Louisiana	state	2009	$793,853	Property Tax Abatement
Formosa Plastics Corporation	Louisiana	state	2009	$790,079	Property Tax Abatement
Formosa Plastics Corporation	Louisiana	state	2010	$763,397	Property Tax Abatement
Formosa Plastics Corporation	Louisiana	state	2010	$565,768	Property Tax Abatement
Formosa Plastics Corporation	Louisiana	state	2008	$522,632	Property Tax Abatement
Formosa Plastics Corporation	Louisiana	state	2008	$414,841	Property Tax Abatement
Formosa Plastics Corporation	Louisiana	state	2010	$275,088	Property Tax Abatement
Formosa Plastics Corporation	Louisiana	state	2009	$170,909	Property Tax Abatement
Formosa Plastics Corp	Texas	state	1999	undisclosed	Property Tax Abatement
Formosa Plastics Corp	Texas	state	1999	undisclosed	Property Tax Abatement
Formosa Plastics Corp #1	Texas	state	2000	undisclosed	Property Tax Abatement
Formosa Plastics Corp #2	Texas	state	2000	undisclosed	Property Tax Abatement
Formosa Plastics Corp #2	Texas	state	2001	undisclosed	Property Tax Abatement
Formosa Plastics Corp #1	Texas	state	2002	undisclosed	Property Tax Abatement
Formosa Plastics Corp #2	Texas	state	2002	undisclosed	Property Tax Abatement
Formosa Plastics Corp #5	Texas	state	2002	undisclosed	Property Tax Abatement
Formosa Plastics Corp - America #4	Texas	state	2003	undisclosed	Property Tax Abatement
Formosa Plastics Corp - Texas #1	Texas	state	2003	undisclosed	Property Tax Abatement
Formosa Plastics Corp - Texas #5	Texas	state	2003	undisclosed	Property Tax Abatement
Formosa Plastics Corp - America #4	Texas	state	2004	undisclosed	Property Tax Abatement
Formosa Plastics Corp - Texas #1	Texas	state	2004	undisclosed	Property Tax Abatement
Formosa Plastics Corp - Texas #5	Texas	state	2004	undisclosed	Property Tax Abatement
Formosa Plastics Corp - America #4	Texas	state	2005	undisclosed	Property Tax Abatement
Formosa Plastics Corp - Texas #2	Texas	state	2005	undisclosed	Property Tax Abatement
Formosa Plastics Corp - Texas #5	Texas	state	2006	undisclosed	Property Tax Abatement
Formosa Plastics Corporation	Texas	state	2010	undisclosed	Training Reimbursement
Formosa Plastics Corporation, Texas	Texas	local	2000	undisclosed	Tax Credit/Rebate
FORMOSA PLASTICS CORPORATION, TEXAS	Texas	state	2003	undisclosed	Enterprise Zone
FORMOSA PLASTICS CORPORATION, TEXAS	Texas	state	2004	undisclosed	Enterprise Zone
FORMOSA PLASTICS CORPORATION, TEXAS	Texas	state	2006	undisclosed	Enterprise Zone
FORMOSA PLASTICS CORPORATION, TEXAS	Texas	state	2004	undisclosed	Enterprise Zone
FORMOSA PLASTICS CORPORATION, TEXAS	Texas	state	2009	undisclosed	Enterprise Zone
Formosa Plastics Corporation, Texas	Texas	state	2018	undisclosed	Enterprise Zone
Formosa Plastics Corporation, Texas	Texas	state	2021	undisclosed	Enterprise Zone
Formosa Plastics Corporation, Texas	Texas	state	2021	undisclosed	Enterprise Zone
Formosa Plastics Corporation, Texas	Texas	state	2022	undisclosed	Enterprise Zone