Formosa Petrochemical plans 80% run rates in Dec-Jan at three Mailiao steam crackers

Taiwan's Formosa Petrochemical plans to operate its three naphtha-fed steam crackers at Mailiao at about 80% of their capacities in December and January, as per Platts. The runs were reduced to 80% from 100% at the end of October due to poor downstream derivative demand and production margins. FPC's No. 1 cracker has capacity to produce 700,000 tpa of ethylene, 350,000 tpa of propylene and 109,000 tpa of butadiene. Its No. 2 cracker 1.03 mln tpa of ethylene, 515,000 tpa of propylene and 162,000 tpa of butadiene. Its No. 3 cracker 1.2 mln tpa of ethylene, 600,000 mln tpa of propylene and 176,000 mln tpa of butadiene. Naphtha-fed steam crackers typically need ethylene prices to be 1.4 times the price of naphtha to break even. Naphtha prices were assessed Tuesday at US$862/mt CFR Japan, requiring ethylene prices to be more than US$1207/mt. But ethylene prices were assessed at US $1025/mt CFR Northeast Asia Tuesday.
  More News  Post Your Comment
{{comment.Name}} made a post.




There are no comments to display. Be the first one to comment!


Name Required.


Email Id Required.

Email Id Not Valid.


Mobile Required.

Email ID and Mobile Number are kept private and will not be shown publicly.

Message Required.

Click to Change image  Refresh Captcha