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MOSCOW (MRC) -- Formosa Petrochemical
Corporation (FPCC) is running its crackers in Taiwan at 100% capacity
utilisation in end-December, 2020, according to Chemweek.
The company"s
crackers have combined ethylene production capacity of 2.935 million metric
tons/year.
Meanwhile, FPCC is planning overhaul of the smallest
cracker in mid-2021.
As MRC wrote earlier,
FPCC undertook a planned shutdown at its No.3 cracker in Mailiao on August
11, 2020. The cracker remained off-line till end-September, 2020. Located
at Mailiao in Taiwan, the No. 3 cracker has an ethylene production capacity of
1.2 million mt/year and propylene production capacity of 600,000
mt/year.
Ethylene and propylene are feedstocks for producing polyethylene
(PE) and polypropylene (PP).
According to MRC"s DataScope report,
PE imports to Russia decreased in January-November 2020 by 17% year on year and
reached 569,900 tonnes. High density polyethylene (HDPE) accounted for the
greatest reduction in imports. At the same time, PP imports into Russia
increased by 21% year on year to about 202,000 tonnes in the first eleven months
of 2020. Propylene homopolymer (homopolymer PP) accounted for the main increase
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). |
