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Formosa delays turnaround at its PVC plant in Lousiana to July

June 01/2020

MOSCOW (MRC) -- Formosa Plastics USA has pushed a turnaround at its PVC plant in Baton Rouge, Louisiana, to July, 2020, as per S&P Global with reference to a source familiar with company operations.

Initially, the company planned to conduct maintenance works at this plant with the capacity of 513 mt/year in May, 2020.

Formosa has not responded to requests for comment.

In March, Formosa Plastics was emerging from a turnaround at its 798,000 mt/year PVC plant and upstream 753,000 mt/year vinyl chloride monomer unit at its Point Comfort, Texas, complex.

According to MRC's ScanPlast report, Russian producers of unmixed PVC decreased capacity utilisation in April. However, Russia's overall PVC output totalled 351,000 tonnes in January-April 2020, up by 2% year on year.

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, vinilhlorid, SPVC, Formosa, Rossiya, USA.
Category:General News
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