Formosa Plastics Corporation

I mean, you name it, right? Conserve that water any way you can.

But have they requested Chenier or Valero or Formosa Plastics or any of those companies to cut back on their consumption? Absolutely not.

So they are able to use all the water they want to, but the citizens of Corpus Christi are having to cut back.

And I think that's a real sad place that we're in.

I will say, though, that newer themes in AI are finding still some demand for speculation, so plastics has emerged today.

Nanya Plastics is up 9.4%, Formosa Plastics up 7 to 9%, uh, on the back of a JP Morgan note pushing that sector.

Uh, that's also helping other smaller circuit board makers like Gold Circuit.

It's up 8%.

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Formosa Plastics Corporation and Formosa Utility Venture operate the Point Comfort complex in Calhoun County.

Now, in 2019, these companies applied to renew their state wastewater permit.

The Texas Commission on Environmental Quality's draft permit would authorize multiple discharges, including an average flow of up to 9.7 million gallons through one outfall and up to six million gallons through another per day.

And data centers are not brand new in terms of the economic strategy that a corporation or a business might have when they come into an area that might be economically depressed or is looking for growth.

So you could, for instance, consider the Formosa Plastics Company in southern Texas or which moved in with a lot of promises for jobs and growth and prosperity, and then proceeded to destroy the fishing industry with pollution.

A lot of lies to city commissioners were revealed.

The plants themselves were dangerous.