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Formosa crackers are operating normally in Texas in April

April 19/2021

MOSCOW (MRC) -- All three crackers in Texas of petrochemical producer Formosa Plastics USA, part of Taiiwan's Formosa Petrochemical, are now operating, reported S&P Global with reference to sources familiar with company operations' confirmation April 12.

Formosa Plastics USA has restarted its 900,000 mt/year cracker at its Texas complex after completing a turnaround. .
The company launched the turnaround after restarting its 1.2 million mt/year cracker, the largest at the site, and a smaller 750,000 mt/year unit after sustained subfreezing temperatures forced widespread petrochemical shutdowns along the US Gulf Coast in mid-February.

The smallest cracker had already been shut for much of 2020, and its restart prompted Formosa to move ahead with the planned turnaround on the middle-sized facility.

As MRC informed previously, Formosa Plastics Company (FPC), also part of Formosa Petrochemical, unexpectedly took off-stream its No. 1 cracker in Mailiao, Taiwan on 12 April 2021 due to an unspecified technical issue. Market sources said the cracker with an annual capacity of 700,000 tons of ethylene and 350,000 tons of propylene would remain offline for 7 to 10 days.

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

According to MRC's ScanPlast report, Russia's estimated PE consumption totalled 356,370 tonnes in the first two month of 2021, down by 9% year on year. Shipments of exclusively low density polyethylene (LDPE) increased. At the same time, PP shipments to the Russian market was 246,870 tonnes in January-February 2021, up by 30% year on year. Supply of homopolymer PP and PP block copolymers increased.

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:PP, PE, PP block copolymer, homopolymer PP, propylene, LDPE, ethylene, Formosa, Russia, USA, Taiwan.
Category:General News
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