28 July 2008 09:53 [Source: ICIS news]
SINGAPORE (ICIS news)--Formosa Chemicals and Fibers Corp (FCFC) plans to cut production at its 450,000 tonne/year polypropylene (PP) facility at Mailiao, Taiwan in August and September due to a shortage of propylene feedstock, a company source said on Monday.
The producer’s on-site propylene supply would be reduced because its feedstock supplier CPC Corp would be shut in August for a turnaround, while its other supplier Formosa Petrochemical would shut in September for turnaround, the source said.
“There’ll be a significant cut in its PP production in September although it’s not clear exactly how much will be reduced and for how long,” the source said.
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