30 May 2013 09:27 [Source: ICIS news]
SINGAPORE (ICIS)--Taiwan’s Formosa Petrochemical Corp (FPCC) has reduced the run rates at its three naphtha crackers in Mailiao to around 85% capacity this week because of a prolonged shutdown at a derivative line, a company source said on Thursday.
The operating rates were reduced from the previous rates of 90% because of the prolonged shutdown at the derivative monoethylene glycol (MEG) line at the same site, the source said.
FPCC’s three crackers have a combined ethylene nameplate capacity of 2.93m tonnes/year.
Nanya Plastics – part of the Formosa group – had delayed the restart of its 720,000 tonne/year No 4 MEG line to end-June because of reactor issues, according to a company source.
The line was shut for scheduled maintenance in early April and was initially scheduled to resume operations by mid-May.
Additional reporting by Becky Zhang
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.
|ICIS news FREE TRIAL|
|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|
Asian Chemical Connections