Caason Group assisting Formosa Energy explore Australian projects

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Caason Group assisting Formosa Energy explore Australian projects

Caason Group announces that it is an authorised sales representative of Formosa Energy Pty Ltd in Australia.

Formosa Energy (FE) is the Australian arm of Formosa Plastics Group (FPG), a large diversified multi-national conglomerate headquartered in Taiwan with annual revenue of ~US$67.2 billion.

Craig Astill, Caason Group MD & CEO, said: “Caason Group is passionate about connecting Australian industry to our international business partners.

“With Caason Group’s assistance, Formosa Energy is exploring renewable energy projects in Australia along with traditional energy supply arrangements for Formosa Plastics Group.”

As an example of the collaborative activities, Caason Group has already successfully facilitated an iron ore off-take partnership between Formosa Energy and Carpentaria Resources Limited representing 2.6 million tonnes per annum.

Caason Group is a major shareholder in Carpentaria Resources.

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