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Formosa to bring ahead No. 3 naphtha unit maintenance

June 03/2011

(Reuters) -- Formosa Petrochemical Corp may reschedule planned maintenance at the largest of its three naphtha crackers to second-half August from early September if some its downstream units are shut for an extended time following a fire at a pipeline on May 12, its spokesman said on Thursday. "The situation is still unclear because it really depends on the status of the downstream units," he said. "If the ethylene feedstock cannot be soaked up, we will forward the maintenance of the No. 3 cracker by two weeks."


Formosa, Asia's top naphtha buyer, operates three crackers, of which its No. 3 unit has a nameplate capacity of 1.2 million tpy.


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Tags:ethylene, Formosa.
Category:General News
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