26 March 2013 06:45 [Source: ICIS news]
NAGOYA (ICIS)--Taiwan’s Formosa Plastics Corp (FPC) will restart its 168,000 tonne/year tubular ethylene vinyl acetate (EVA) plant and its 72,000 tonne/year EVA/low density polyethylene (LDPE) swing plant at Mailiao on 26 March, a company official said on Tuesday.
The plants were shut on 1 and 2 March, respectively, for safety inspections, as the high pressure production process calls for such inspections every two years.
The plants were operated at full capacity ahead of the shutdown to build up inventory, the official said.
The shutdown was estimated to result in an EVA production loss of 15,000-18,000 tonnes, but did not have a major impact on the market because of ample supply against weak buying interest, market sources said.
Major EVA producers in Asia include Taiwan’s USI Far East; South Korea’s Hanwha Chemical, Lotte Chemical and Samsung Total; Japan’s Sumitomo Chemical, DuPont-Mitsui Polychemicals and Tosoh Corp; China’s YPC-BASF (BYC), Yanshan Petrochemical, Beijing Organic and DuPont Packaging & Industrial Polymers; The Polyolefin Co Singapore (TPC) and Thailand’s TPI Polene.
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