Taiwan’s Formosa maintains Mailiao naphtha crackers at 80-85% rates

29 November 2011 07:07  [Source: ICIS news]

SINGAPORE (ICIS)--Taiwan’s Formosa Petrochemical Corporation (FPCC) is maintaining the operating rates at its three naphtha crackers in Mailiao at 80-85% capacity, a company source said on Tuesday.

“Currently, there are no plans to increase or decrease the run rates. It will depend on the demand from the downstream market,” the source said.

FPCC operates a 700,000 tonne/year No 1 cracker, a 1.03m tonne/year No 2 unit and a 1.2m tonne/year unit.

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By: Samuel Wong

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