Taiwan's Nan Ya to keep No 4 MEG unit shut for one month after fire

27 September 2012 08:35  [Source: ICIS news]

SINGAPORE (ICIS)--Taiwan’s Nan Ya Plastics will keep its 720,000 tonne/year No 4 monoethylene glycol (MEG) unit at Mailiao in Yunlin County off line for around one month following a fire on 26 September, a company source said on Thursday.

The fire, which erupted at 10:05 Taiwan time (02:05 GMT) at the heat exchange pipelines, led to the shutdown of the MEG facility, the source said.

Nan Ya Plastics is part of Taiwan’s petrochemical major Formosa Group.

“We need around three weeks to repair the facility, and the shutdown is likely to take longer period pending local government’s permission,” the source said.

He estimated the whole shutdown period will last for around one month.

The company has informed its customers to cut more than half of its supply for October loading cargoes because of the unexpected shutdown, the source added.

The No 4 MEG unit will still have a 40-day turnaround at the end of the year, in compliance with a government directive on safety checks at plants in Mailiao, following a string of fire that occurred at the petrochemical complex last year.

By: Becky Zhang
+65 6780 4359

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