Taiwan's FPCC halts ECH exports from Mailiao plant

09 August 2011 09:07  [Source: ICIS news]

SINGAPORE (ICIS)--Taiwan’s Formosa Petrochemical Corp (FPCC) has halted exports of epichlorohyrdrin (ECH) this week from its 100,000 tonne/year plant in Mailiao given that the facility is currently operating at reduced capacity, a company source said on Tuesday.

The plant’s current run rate is 80%, with a strong likelihood of further decline in output given disruptions to feedstock supply following recent fires at the Mailiao petrochemical complex, the source said.

All its output will be for captive use, he said.

FPCC supplies the bulk of its ECH produce to the epoxy resins plant of FPCC’s sister firm, Nan Ya Plastics, while a small quantity is shipped out, the source said.

The ECH plant is due for a month-long turnaround in September.

FPCC is expected to submit a detailed plan to the Taiwanese government on its plan to do safety checks at the Mailiao complex on 10 August, company sources said. This follows a string of fire incidents that led to the resignation of the company’s chairman and CEO early this month.

Additional reporting by Cheong Su Yeen

By: Gabriel Yip
+65 6780 4359

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