17 August 2010 05:54 [Source: ICIS news]
By Chow Bee Lin
Two separate fire incidents shut
“The residents are trying to block the roads leading up to the plants, and are asking for a compensation of NT$50,000 for each resident,” said a source at
Mailiao, a township in
“The compensations sought have to be reasonable and losses must be proven in order to make a case. The amount of compensation they’re asking for is unreasonable,” the
The Mailiao complex has PE facilities, consisting of a 350,000 tonne/year high density PE (HDPE) plant, a 264,000 tonne/year linear low density PE (LLDPE) line and a 240,000 tonne/year low density PE/ethylene vinyl acetate (LDPE/EVA) swing unit, operated by Formosa Plastics Corp.
It also houses three PP plants with a combined capacity of 450,000 tonnes/year operated by Formosa Chemicals & Fibers Corp (FCFC).
FCFC, meanwhile, can produce a total of 1.72m tonnes/year of paraxylene (PX) at the Mailiao complex.
“We have yet to experience any problems as a result of the protest,” said another company source.
“There are three routes leading into the Mailiao refinery and petrochemical complex and I think alternative routes can be taken to avoid the protest sites,” he added.
The first source at
The PE and PP plants at the site were running at reduced rates due to an on-site shortage of propylene and ethylene feedstock after fires disrupted its upstream operations and had nothing to do with the ongoing protests, he said.
With additional reporting by Prema Viswanathan, Helen Lee and Bohan Loh
($1 = NT$31.97)
Read John Richardson and Malini Hariharan’s blog – Asian Chemical ConnectionsFor more on PE, PP, EVA visit ICIS chemical intelligence
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