Thursday, July 17, 2008

Formosa Petrochem's H2 Aug naphtha buy is lower on reduced run rates

Corresponding to a 10 day shutdown at its gasoline-making residual fluid catalytic cracker from July 14, Taiwan's Formosa Petrochem has reduced operating rates at its 180,000 bpd crude unit. 55% of thhe RFCC's production is gasoline, and the balance is propylene.

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