Wednesday, July 14, 2010

Formosa to decide downtime at its naphtha unit after damage assessment

After gauging damage caused by a fire at its 700,000 tpa naphtha cracker, Formosa Petrochemical Corp will determine the duration of the shutdown by next week. A very small fire inside the pipe is makiing it unfeasible for the company to fully assess the damages or the duration of the shutdown.

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