Formosa no longer owns JM Eagle.
Formosa was the resin supplier and used J-M as a in-house consumer of their resin. They have parted ways.
The problem was with the manufacture of the pipe, inspection and documentations, not with the resin used.
There were problems with their resin formulation, specifically related to exceeding the maximum specified amounts of recycled material for various types/classes pipe. They also routinely used recycled pvc pipe materials contaminated rubber gaskets they failed to remove prior to chopping up the plastic.
And Formosa DID own JM Eagle during the period the fraudulent pipe was being made and sold, so the fact that they no longer do is irrelevant to the case I described.
I did not claim Formosa does not know HOW to make pvc resin, I said they cut corners and that they are crooks.