News From Plastics Industry. Daily updates on naptha, oil, plastic raw material price movements. News on crackers, and plastic plants. Information on developments in plastics packaging, packing products, additives for plastics, new plastic raw materials and plastic products
Thursday, November 15, 2007
Formosa resumes production at No.2 ethylene plant
Formosa Petrochemical Corp. has resumed production at its No. 2 ethylene plant in Mailiao shut since September 26. Formosa has restarted the facility on November 8. after 44 days of maintenance. Formosa Petrochemical cut naphtha purchases and supplies of ethylene from its 1.03 mln tpa unit because of the shutdown. After the restart, naphtha demand and ethylene supplies have returned to normal.
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