15 July 2010 04:55 [Source: ICIS news]
SINGAPORE (ICIS news)--Taiwan’s Formosa Chemical and Fibre Corp has brought forward styrene monomer (SM) maintenance schedule to ensure that feedstock ethylene was sufficient for its many downstream operations following the shutdown of its No1 cracker, market sources said on Thursday.
The 700,000 tonne/year No 1 cracker in Mailiao was shut on 7 July following an explosion and was expected to remain off line for around one month.
The company’s 600,000 tonne/year No 3 SM unit was initially scheduled for a 40-day maintenance starting early September. However, end-users in ?xml:namespace>
The shutdown was likely to start in the second half of August, a source close to the company said.
Meanwhile, the re-start of the 250,000 tonne/year No1 unit will be pushed back by around one week as well, from mid-July to late July, the source added.
The company expects to have sufficient ethylene for its SM operations and no disruption in supply to its customers, the source said.
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