Formosa Province Formosa Province Formosa Province () is a province in northeastern Argentina, part of the Gran Chaco Region. Its northeast end touches Asunción, Paraguay, and borders the provinces of Chaco and Salta to its south and west, respectively. The capital is Formosa. The name of the city (and the province) comes from the archaic Spanish word "fermosa" (currently "hermosa") meaning "beautiful". The name "Vuelta Fermosa" or "Vuelta la Formosa" was used by Spanish sailors in the 16th century to describe the area where the Paraguay River makes a turn, right in front of the actual city. These sailors were searching for
Formosa Plastics Corp Group. In April 2016, Formosa was blamed by numerous protesters and media outlets for mass fish deaths in four provinces of Vietnam since April 6. On 30 June 2016, the Vietnamese government officially concluded that the local Formosa affiliate steel plant was responsible for the marine ecological disaster. Formosa agreed to pay compensation of 500 Million US$ and publicly apologized for the disaster. There are, however, rumors that the apology was issued under coercion from the Vietnamese government. Formosa Plastics Corp Formosa Plastics Corporation () () is a Taiwanese plastics company based in Taiwan (formerly called "Formosa") that primarily produces