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Formosa resumes normal operations at its PVC plant in Baton Rouge after Hurricane Ida

September 22/2021

MOSCOW (MRC) -- Formosa Plastics USA, part of Formosa Petrochemical, restarted its polyvinyl chloride (PVC) plant in Baton Rouge, Louisiana, post-Ida on September 11, 2021, reported S&P Global with reference to sources familiar with company operations.

This plant with the capacity of 513,000 mt/year of PVC was shut on 29 August, 2021, ahead of Hurricane Ida. 

Formosa declared force majeure on PVC on 3 September, 2021, in light of reduced output after the storm's assault, according to a customer letter seen Sept. 7.

As MRC wrote previously, Formosa Plastics USA has postponed the start-up of its expanded PVC production capacities at its existing plant in Baton Rouge, Louisiana, to Q4 2022. Initially, the company planned to launch the expanded capacities at its 513,000 mt/year of PVC plant in Q4 2021.  Formosa did not respond to inquiries about the delay. The company intends to debottleneck production at this plant, adding 130,077 mt/year of PVC capacity, according to permitting documents.

According to MRC's ScanPlast report, Russia's overall production of unmixed PVC totalled 580,500 tonnes in the first seven months of 2021, up by 4% year on year. At the same time, one producer reduced its output.

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, SPVC, Formosa, USA.
Category:General News
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