Taiwan’s Formosa shuts 540,000 bpd refinery after blast

01 August 2011 03:14  [Source: ICIS news]

SINGAPORE (ICIS)--Taiwan’s Formosa Petrochemical Corp (FPCC) has shut its 540,000 bpd refinery in Mailiao following a blast at a propylene pipeline over the weekend, a company source and traders said on Monday.

Meanwhile, the company’s No 2 and No 3 naphtha crackers continue to operate normally, the company source added.

“The crackers are not affected by the blast,” one trader said.

A fire broke out at a hydrogen pipeline in the vicinity of the Mailiao complex last week and FPCC could not restart the No 1 cracker as a result.

The company had shut the No 1 cracker for inspections following a pipeline fire at the firm’s Mailiao petrochemical complex on 12 May.

Additional reporting by Felicia Loo, Judith Wang and Mahua Chakravarty

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By: Helen Lee
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