Taiwan’s CPC delays RFCC start-up at Dalin refinery to Sep/Oct

16 August 2012 09:40  [Source: ICIS news]

SINGAPORE (ICIS)--Taiwan’s CPC Corp will delay the start-up of its new residual fluid catalytic cracker (RFCC) at its Dalin refinery to September/October from an earlier plan of mid-August, a company source said on Thursday.

“The new unit’s start is being postponed to September or October instead of this month,” the source said but declined to give details.

The RFCC can produce 400,000-450,000 tonnes/year of propylene, which will be supplied to its domestic customers and exports will be considered after local demand is met.

Taiwan imported around 419,244 tonnes of propylene in 2011, up from 343,379 tonnes in 2010, according to official data.

Propylene spot prices were assessed at $1,310-1,370/tonne (€1,061-1,110/tonne) CFR (cost & freight) northeast Asia last week, according to ICIS data.

($1 = €0.81)

By: Judith Wang
+65 6780 4359

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