MOSCOW (MRC) -- Taiwan’s major aromatics producer Formosa Chemicals & Fibre Corp (FCFC, part of Formosa Petrochemical) has been running its aromatics units at 90-100% operating rates since December 2015, a company source told TPS.
FCFC operates three aromatics units in Mai Liao, located in Taiwan’s northwestern Yunlin County.
Based on TPS data, FCFC’s No. 1 aromatics unit can produce 287,000 mt/year of PX, 213,000 mt/year of benzene and 80,000 mt/year of OX.
Its No. 2 aromatics unit can produce 573,000 mt/year of PX, 427,000 mt/year of benzene and 160,000 mt/year of OX.
Finally, the company’s No. 3 aromatics unit, which consists of a reformer and a TDP unit, is also able to produce 640,000 mt/year of benzene and 240,000 mt/year of orthoxylene (OX).
As MRC wrote before, Taipei- Formosa Plastics, also a subsidiary of Formosa Petrochemical, is considering construction of a plant in Louisiana to produce 1.2-million t/y of ethylene from shale gas.
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).
MRC