Taiwan’s Formosa to delay resuming refinery ops on safety tests

29 July 2010 08:45  [Source: ICIS news]

SINGAPORE (ICIS)--Taiwan’s Formosa Petrochemical Corp may defer the restart of its 540,000 bbl/day refinery in Mailiao amid a string of safety tests, following an outage earlier this week, a company source said on Thursday.

The complex, which typically processes sour Middle East crude, was forced to shut on Monday due to a fire at the 73,000 bbl/day desulphurising unit on Sunday. 

“There are many ongoing tests to ensure the safety of refinery operations and there may be some delays… The plant may restart next week,” the source said in Mandarin.

A company spokesperson had earlier said that Formosa would resume partial refinery operations this week.

Meanwhile, the company was mulling a deferment of crude imports in light of the recent snags.

Formosa would also defer a regular maintenance shutdown at its 1.03m tonne/year No 2 cracker in Mailiao, but no firm dates were provided.

The cracker was originally scheduled to go off line for 45 days starting from 20–22 August. 

However, an outage at the 700,000 tonne/year No 1 cracker in early July on the same site prompted a delay of the No 2 cracker turnaround.

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By: Felicia Loo

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