Friday, August 17, 2012

Fire forces shutdown of Formosa Chemicals’ 300,000 tpa styrene monomer plant

Formosa Chemicals & Fibre Corp. has shut a 300,000 m tpa styrene monomer plant in Taiwan following Sunday’s fire. The facility, part of the company's flagship Mailiao petrochemical complex in Yunlin ccounty, produces intermediate petrochemicals for other units under the Formosa Group and for other small local customers, Formosa Chemicals President Hong Fu-yuan told Dow Jones Newswires.

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