Taiwan’s FCFC to run Mailiao phenol/acetone plant at 80-90% in April

26 March 2013 03:39  [Source: ICIS news]

SINGAPORE (ICIS)--Taiwan’s Formosa Chemicals & Fibre Corp (FCFC) is planning to cut the operating rate at its phenol/acetone plant in Mailiao to 80-90% capacity in April because of squeezed margins, a company source said on Tuesday.

The producer’s margins have been unfavourable on the back of weak phenol demand, the source added.

The plant, which comprises two lines with a combined 400,000 tonnes/year phenol capacity and 250,000 tonnes/year acetone capacity, is likely to run at the reduced operating rate through April, the source said.

The plant is presently running at full capacity, the source said.

By: Veena Pathare
+65 6780 4327

AddThis Social Bookmark Button

For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.

Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.

Printer Friendly

Get access to breaking chemical news as it happens.
ICIS Global Petrochemical Index (IPEX)
ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index