25 February 2009 09:47 [Source: ICIS news]
SINGAPORE (ICIS news)--Formosa-Idemitsu Petrochemical (FIPC) will keep its No 1 and No 2 polycarbonate (PC) units at Mailiao, Taiwan, off line due to weak market conditions, a company source said on Wednesday.
"No restart dates have been set for our No 1 and No 2 units," the source said. "We will restart our plants only when the market conditions are favourable."
The restart of its No 1 60,000 tonne/year PC unit has been delayed indefinitely after it was shut down for an annual turnaround in early September last year.
The No 2 50,000 tonne/year unit was taken offline in early January due to poor demand.
FIPC's No 3 75,000 tonne/year unit was currently running at full rates, the source said.
"All three units are scheduled for annual maintenance in September," the source said.
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