Formosa Petrochemical shuts down faulty gasoline production unit

Taiwan's second largest fuel supplier - Formosa Petrochemical Corp., has shut a gasoline-producing unit at Mailiao due to a mechanical fault. This will result in stoppage at the 84,000 bpd residue fluid catalytic cracker, for approximately two weeks. The unit converts heavier streams of refined products such as residual fuel into higher-valued products including gasoline.