24 May 2011 09:44 [Source: ICIS news]
SINGAPORE (ICIS)--Taiwan's Formosa Petrochemical Corp (FPCC) has yet to set a date for the restart of its 700,000 tonne/year No 1 cracker in Mailiao that was shut on 12 May, a company spokesperson said on Tuesday.
"We have no idea on the timeframe of restarting [the cracker]. It is still undergoing safety checks," the spokesperson said.
Market sources had said earlier that the cracker's shutdown would likely last a month.
A fire broke out at the Formosa group’s Mailiao petrochemical complex late on 12 May, causing a power outage that shut the No 1 cracker, along with several other downstream plants.
Some of the affected plants, including FPCC's 260,000 tonne/year acrylonitrile (ACN) plant and Formosa Plastics Corp's (FPC) 500,000 tonne/year polyvinyl chloride (PVC) unit, have since been restarted.
Please visit the complete ICIS plants and projects database
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|
Asian Chemical Connections