Taiwan's Formosa Petrochemical plans to operate its three naphtha-fed steam crackers at Mailiao at about 80% of their capacities in December and January, as per Platts. The runs were reduced to 80% frrom 100% at the end of October due to poor downstream derivative demand and production margins.
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Friday, November 25, 2011
Formosa Petrochemical plans 80% run rates in Dec-Jan at three Mailiao steam crackers
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