Formosa Plastics Corporation in Point Comfort, Texas has shut down the majority of its operations due to severe weather conditions on February 15, 2021. Specifically, all polyethylene, polypropylene, and olefins plants have discontinued operations. Raw material suppliers have also been impacted, and logistics partners are expecting minimum 48-hour delays in the Pacific Northwest, Midwest, and along the Gulf Coast due to freezing weather, snow, and ice. Detailed inspections will occur only when it is deemed safe, and Formosa will make efforts to return to normal production as quickly as possible.

1. February 15, 2021
Re: Severe Weather Impact
Dear Valued Customer:
This correspondence is to provide an update on the Formosa Plastics Corporation, Texas – Point
Comfort site (“Formosa”) operations due to the severe weather conditions which began the morning of
February 15, 2021.
Operational Issues: The majority of the Formosa complex has discontinued operations.
Specifically all Polyethylene, Polypropylene and Olefins plants are shut down
at this time.
Raw Material Issues: Major raw material suppliers have also been impacted by the weather and the
severity of this impact continues to evolve.
Logistics Issues: Advisories have been issued by our logistics partners to expect a minimum of
48 hour delays in the Pacific Northwest (freezing rain, ice and up to four feet
of snow), Midwest (additional accumulation of snow, sub-zero temperatures
and dangerous wind chills) and along the Gulf Coast (freezing temperatures
and accumulation of ice and snow).
The health and safety of Formosa’s employees are paramount therefore detailed inspections will occur
only when it is deemed safe to start those assessments. Formosa personnel will make every effort to
return back to normal production as quickly as possible. Please feel free to reach out to your account
manager for any questions.
Sincerely,
Simon Hwang
Director – Polyolefins Sales and Marketing
SH/my