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.
“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.
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