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Vietnamese seek more compensation from Formosa Plastics on steel plant disaster

Vietnamese protesters are demanding Formosa Ha Tinh Steel to leave the country, compensate more people and do a better environmental cleanup after it admitted that its US$10.6 billion steel plant was responsible for massive fish deaths in April, Reuters reported Oct. 2.

Around 10,000 people gathered Oct. 2 at the steel plant, which was temporarily shut by the police. No injuries or arrests were recorded, according to the report.

In response to the rally, the Formosa Plastics Group unit has already asked Vietnamese authorities "to send more police to protect the plant, its employees and the lives and properties of all Taiwanese businessmen in Ha Tinh province," based on a statement from Taiwan's Foreign Ministry.

In June, the company asked for forgiveness and offered to pay US$500 million in damages for the disaster.