Saturday, November 15, 2008

Formosa to keep No. 3 ethylene plant shuttered

Persistent weak demand amid a global financial meltdown has taken its toll on petrochem demand in Asia. Formosa Petrochemical Corp., plans to keep its No. 3 ethylene plant, closed on Sept. 3 for schedduled maintenance, shut this month.

For more details on Formosa to keep No. 3 ethylene plant shuttered click here

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