Wednesday, August 29, 2007

Formosa Petrochemical mulls delay of ethylene plant restart

Taiwan's Formosa Petrochemical Corp., could delay restart of its ethylene plant by three weeks. This further delay has been caused by a mechanical fault at the unit's compressor that is more serious than the company had expected. The 700,000 metric tpa ethylene facility may remain closed until around Sept. 20. The plant was shut Aug. 21 for repairs to the compressor and was originally scheduled to restart by the end of August.

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