Taiwan’s FPC operates Mailiao PVC plant at full capacity

21 July 2011 12:00  [Source: ICIS news]

SINGAPORE (ICIS)--Taiwan’s Formosa Plastics Corp (FPC) is operating its 500,000 tonne/year polyvinyl chloride (PVC) plant in Mailiao at full capacity, a company source said on Thursday.

Although the operating rate has hit 100%, export volumes remain limited, the source added.

“We only restarted the plant in mid-July so we lost [a] half-month of production and that is why our supply volume is still limited," said the source.

FPC announced its benchmark PVC offer at $1,120/tonne CFR (cost and freight) China and India on Wednesday.

Its offer to India was revised from $1,120/tonne CFR to $1,150/tonne CFR on Thursday, the source said.

Its free on board (FOB) offer remains at $1,050/tonne, the source added.

For more on PVC visit ICIS chemical intelligence

By: Feliana Widjaja

AddThis Social Bookmark Button

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.

Printer Friendly