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
Wednesday, January 16, 2008
Taiwan's FPC restarts cracker at Mailiao
Taiwan's Formosa Plastics Corporation (FPC) is reported to have restarted the Mailiao 1.2 mln tpa cracker. This cracker had to be unexpected shutdown earlier last week due to leakage in the pipes, affecting ethylene supplies in the Asian region, where prices sky rocketed last week.However, supply in Asia is not expected to return to normal levels as the shutdown at Mitsubishi Chemical Corporation (MCC)'s 450,000 tpa No.2 cracker continues.
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