Corrected:Nan Ya delays BDO,BPA start-ups to Q2

19 January 2007 03:15  [Source: ICIS news]

Correction: In the ICIS news story headlined "Nan Ya delays BDO, BPA start-ups to Q2" dated 16 January 2007, please read in the third paragraph …130,000 tonne/year BPA unit … instead of … 30,000 tonne/year …. A corrected story follows.

SINGAPORE (ICIS news)--Nan Ya Plastics has delayed the start-up of its bisphenol-A and 1,4 butanediol (BDO) projects at Mailiao by around three months to May, a company spokesman said on Tuesday.

He declined to say what caused the delay.

The company, a unit of Taiwan’s largest petrochemical producer Formosa Plastics Group, was building a 130,000 tonne/year BPA unit and a 60,000 tonne/year BDO unit which were to start up in February.

Nan Ya has also delayed the start-up of its new 700,000 tonne/year monoethylene glycol (MEG) unit at Mailiao to April due to delivery and mechanical issues.

The spokesman said the MEG unit would start trial runs in April and start operations in May.

The three projects cost a total New Taiwan dollar (NT$) 13.5bn ($411.6m), he added.

Nan Ya’s units will obtain feedstocks from affiliate Formosa Petrochemical’s 1.2m tonne/year cracker project. Start-up for this project has also been delayed by six months to May or June this year.

($1=NT$32.8)


By: Florence Tan
+65 6780 4359



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