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.
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