U.S. Plastics Industry faces USD 56 billion stranded asset risk by 2025, says Planet Tracker
Financial think tank reveals 89% of the country’s plastics production is increasingly threatened by storms, sea-level rise and storm surges....
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Falling Dominoes: USD 10 billion U.S. Formosa plastics facility licence suspended
Formosa Petrochemical Corp’s USD 10 billion single-use plastics Sunshine Project facility in Louisiana had its licence suspended by the U.S. Army Corps of Engineers on 4 November 2020. Now, major construction has stopped....