26 January 2011 08:48 [Source: ICIS news]
SINGAPORE (ICIS)--Formosa Chemicals and Fibers Corp (FCFC) plans to cut production at its 450,000 tonne/year polypropylene (PP) facility at Mailiao in Taiwan to 60% in March due to a shortage of on-site propylene (C3) feedstock, a source close to the company said on Wednesday.
FCFC’s propylene supply would be reduced in March as its feedstock supplier Formosa Petrochemical Corp (FPCC) would be shutting one of its residual fluid catalytic crackers at Mailiao for maintenance, the source said.
Asian PP availability would be tightened from February to May because of a series of planned maintenance works in the Middle East and Asia.
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