Taiwan's FCFC to restart Mailiao PTA No 1 unit on 24-25 November

23 November 2012 08:56  [Source: ICIS news]

SINGAPORE (ICIS)--Taiwan’s Formosa Chemical & Fibre Corp (FCFC) is planning to restart its 550,000 tonne/year No 1 purified terephthalic acid (PTA) plant at Mailiao on 24-25 November, a company source said on Friday.

The plant was shut on 1 November for annual maintenance, the source said.

Upon completion, FCFC plans to shut its 550,000 tonne/year No 2 PTA unit at the same site.

“PTA margins are negative. More production means more losses,” the source said.

There is no definite restart schedule for the No 2 plant, he added.

By: Becky Zhang
+65 6780 4359

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