Taiwan’s FPCC to keep 80% run rate at Mailiao crackers in October

04 October 2012 12:04  [Source: ICIS news]

SINGAPORE (ICIS)--Taiwan’s Formosa Petrochemical Corp (FPCC) plans to keep a reduced run rate of 80% at its three Mailiao crackers until the end of October, a company official said on Thursday.

It has cut the run rates at the crackers with a combined capacity of 2.93m tonnes/year to 80% from 100% on 27 September - earlier than initially planned - following an outage at a downstream monoethylene glycol (MEG) plant at the site, the source said.

The MEG plant is operated by FPCC’s sister company, Nan Ya Plastics.

Prior to the MEG plant outage, FPCC was planning to cut its cracker runs to below 90% in early October because of poor market conditions in the downstream polyethylene (PE) sector.

FPCC operates a 700,000 tonne/year No 1 cracker, a 1.03m tonne/year No 2 cracker and a 1.2m tonne/year No 3 cracker in Mailiao.

The No 2 cracker had a recent turnaround and was restarted on 14 September as scheduled.

By: Helen Lee
+65 6780 4359

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