Taiwan petchem ops, south China shipments resume post-Fanapi

23 September 2010 06:17  [Source: ICIS news]

SINGAPORE (ICIS)--Some petrochemical plants in Kaohsiung, Taiwan, have resumed operations two to three days after they were shut by heavy floods due to typhoon Fanapi, industry sources said on Thursday.

China Petrochemical Development Corp brought its 190,000 tonne/year acrylonitrile (ACN) plant back on stream on Tuesday, with production loss during the two-day shutdown pegged at about 1,000 tonnes, according to a company source.

Meanwhile, Ming Dih Group Corp also restarted its 166,000 tonne/year expandable polystyrene (EPS) plant on the same day, once flood waters had receded, said a company source.

However, CPC Corp may have to wait longer to bring its 500,000 tonne/year No 5 cracker back on line. A company official said the cracker and its downstream plants in Kaohsiung would only be restarted sometime between this Friday and Wednesday next week.

Fanapi is Taiwan’s first major typhoon this year, which has reportedly claimed more than 100 casualties and caused an estimated New Taiwan dollars (NT$) 3bn ($95m) of damage to the island's manufacturing sector, based on the latest official estimate.

The super typhoon turned more deadly as it coursed through southern China, where it claimed 33 lives in Guangdong. A further 42 people were reported missing, based on media accounts.

Petrochemical operations at the southern province of China were not affected, but the weather disturbance halted shipments in the Guangzhou port and disrupted transport by land, industry sources said.

Some market sources downplayed the impact of shipment delays as China is currently observing a three-day Mid-Autumn Festival holiday, which would end on Friday.

($1 = NT$ 31.54)

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By: Pearl Bantillo
+65 6780 4359



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