Formosa delays restart of 1.03 mln tpa No. 2 cracker

22-Nov-10
Asia's number one naphtha buyer Formosa Petrochemical Corp has delayed the restart of its 1.03 mln tpa No. 2 naphtha cracker due to minor leakages. The cracker has been shut since Oct. 5 for a 40 day routine maintenance. This unforeseen delay has prompted Formosa to try and delay the arrival of 120,000 ton of naphtha to January from December.
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