21 June 2012 08:39 [Source: ICIS news]
SINGAPORE (ICIS)--Taiwan’s Formosa Chemical and Fibre Corp (FCFC) has kept its 550,000 tonne/year No 2 PTA unit at Mailiao shut down, following a power outage on 20 June which forced a shutdown of Formosa’s petrochemical complex, a company source said on Thursday.
“We decided to bring forward a minor maintenance plan on the No 2 PTA plant originally set for July,” the source said, adding that the shutdown will last for four days.
FCFC restarted its 550,000 tonne/year No 1 PTA plant at Mailiao in the afternoon of 20 June, after the power glitch, but it will take another day for the plant to build up to its full operating rate, the source said.
The company had just restarted its No 1 Mailiao PTA plant on 19 June, after 20 days of scheduled maintenance.
Separately, the company took its 400,000 tonne/year No 2 PTA facility at Loong-der offline on 15 June for a month-long shutdown because of poor margins.
FCFC operates four PTA plants, among which two are located at Mailiao with a total capacity of 1.1m tonnes/year and the other two at Loong-der, with a total capacity of 1.1m tonnes/year.
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