02 August 2011 10:44 [Source: ICIS news]
SINGAPORE (ICIS)--Formosa Chemicals & Fibre Corp (FCFC) is currently running its phenol/acetone plant in Mailiao at full capacity, unaffected by a recent fire that broke out at the petrochemical site in northwestern ?xml:namespace>
The plant, which has two lines that have a combined 400,000 tonne/year capacity for phenol and 250,000 tonne/year capacity for acetone, continues to supply to customers, the source said.
It is not clear, however, if the plant will have problems securing its propylene feedstock going forward as an upstream cracker at the site is due for turnaround on 15 August, the company source said.
FCFC's phenol/acetone plant derives its feedstock from the crackers operated by its sister firm, Formosa Petrochemical Corp (FPCC). FPCC will shut its 1.2m tonne/year No 3 cracker for 45 days from mid-August, while its 700,000 tonne/year No 1 cracker has been down since 12 May.
The fire that occurred at the Mailiao complex over the weekend shut the Formosa group's 540,000 bbl/day refinery and prompted a declaration of force majeure on shipments of petroleum products.
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