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(Bloomberg) -- Formosa Petrochemical Corp., Taiwan’s only publicly traded oil refiner, restarted Mailiao unit yesterday that was shut on Aug. 18 because of a steam leak.
The No. 2 residual fluid catalytic cracker is operating at 70 percent of capacity, spokesman Lin Keh-yen said by telephone in Taipei today.
The refiner has two residual fluid catalytic crackers, each capable of processing 84,000 barrels of fuel a day. The units convert heavier refined products such as residual fuel into higher-value products, including gasoline. Formosa Petrochemical, based in Mailiao, western Taiwan, has a daily capacity to process 540,000 barrels of crude oil.
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