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Formosa says three contractors test positive for COVID-19 at Point Comfort

April 06/2020

MOSCOW (MRC) -- Formosa Plastics Corp. USA (FPC), part of Formosa Petrochemical, announced Thursday that several contractors at its Point Comfort, Texas, facility have tested positive for coronavirus disease 2019 (COVID-19), but none of the companys own employees has, according to Chemweek.

"Those contract employees have been isolated by their employer and notifications have been made to others with whom they may have closely interacted," says FPC. "We are working with all of our employees and contractors to ensure appropriate steps are taken to minimize transmission of this illness."

FPC says its manufacturing operations continue to run, having been identified as "critical infrastructure" by the US Department of Homeland Security, and it continues to supply all products without interruption.

FPC has capacity to produce 1.2 million metric tons/year (MMt/y) of high-density polyethylene (HDPE) at Point Comfort; 374,000 metric tons of linear low-density polyethylene (LLDPE); 876,000 metric tons/year of polypropylene (PP) and 1.4 MMt/y of polyvinyl chloride (PVC).

As MRC reported before, Formosa Plastics' new 1.5 million mt/year cracker in Point Comfort, Texas, came online in H1 January, 2020, and was seen ramping up through January.

Ethylene and propylene are feedstocks for producing polyethylene (PE) and polypropylene (PP).

According to MRC's ScanPlast report, Russia's estimated PE consumption totalled 383,760 tonnes in the first two month of 2020, up by 14% year on year. High density polyethylene (HDPE) and linear low density polyethylene (LLDPE) shipments increased due to the increased capacity utilisation at ZapSibNeftekhim. At the same time, PP shipments to the Russian market were 192,760 tonnes in January-February 2020, down by 6% year on year. Homopolymer PP accounted for the main decrease in imports.

Formosa Petrochemical is involved primarily in the business of refining crude oil, selling refined petroleum products and producing and selling olefins (including ethylene, propylene, butadiene and BTX) from its naphtha cracking operations. Formosa Petrochemical is also the largest olefins producer in Taiwan and its olefins products are mostly sold to companies within the Formosa Group. Among the company's chemical products are paraxylene (PX), phenyl ethylene, acetone and pure terephthalic acid (PTA). The company"s plastic products include acrylonitrile butadiene styrene (ABS) resins, polystyrene (PS), polypropylene (PP) and panlite (PC).


mrcplast.com
Author:Margaret Volkova
Tags:PVC, PP, PE, LLDPE, homopolymer PP, propylene, HDPE, Formosa, Russia, USA.
Category:General News
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