Taiwan’s Formosa Plastics withdraws n-butanol offers after fire

02 August 2011 09:45  [Source: ICIS news]

SINGAPORE (ICIS)--Taiwan oxo-alcohols major Formosa Plastics Corp (FPC) has suspended its n-butanol (NBA) offers with immediate effect, a company source said on Tuesday.

The announcement came as no surprise to market players as the move follows the Formosa group’s force majeure declaration on 1 August in the wake of a fire on 30 July.

“The outlook is unclear. We are waiting for decisions. The production rate is not stable and may change anytime,” he added.

FPC’s 250,000 tonne/year NBA plant, which is located in Mailiao, is scheduled to be shut in December for a 30-day turnaround.

About 60-70% of the plant’s NBA output is used to supply FPC’s downstream butyl acrylate (butyl-A) units at Mailiao and Kaohsiung in Taiwan, while the rest is exported.

For more on n-butanol, visit ICIS chemical intelligence
Please visit the complete ICIS plants and projects database


By: Su Yeen Cheong
+65 6780 4359



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

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

Related Articles