Taiwan's Formosa to defer 100,000-120,000t Dec naphtha to Jan
19 November 2010 08:24 [Source: ICIS news]
SINGAPORE (ICIS)--Taiwan’s Formosa Petrochemical Corp (FPCC) plans to delay the delivery of 100,000-120,000 tonnes of naphtha to January from December, as its 1.03m tonne/year No 2 naphtha cracker in Mailiao did not start up smoothly, traders said on Friday.
“There was a cracker issue,” said a trader, who did not elaborate on it.
Another company source, however, said the No 2 cracker was operating at low rates. He did not provide further details.
Formosa was not immediately available for comment.
With additional reporting by Peh Soo Hwee
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By: Felicia Loo
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