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(Bloomberg) -- Taiwan’s energy demand
fell for the first time in more than a year after the island’s biggest
petrochemical maker shut plants for routine maintenance and unscheduled
repairs.
Combined consumption of coal, petroleum, gas, thermal energy and
electricity declined 0.1 percent in October from a year earlier to the
equivalent of 10.1 million kiloliters of oil, or about 2 million barrels a day,
according to an e-mailed report from the Bureau of Energy in Taipei today.
Demand last dropped in August last year.
Formosa Petrochemical Corp., Taiwan’s biggest petrochemical maker, shut
its second-largest ethylene plant on Oct. 5 for scheduled repairs. The
company also halted a residual fuel processing plant and its smallest ethylene
unit after fires in July. The chemical is a raw material for plastics and
fabrics.
mrcplast.com
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