Formosa Petrochemical to shut No. 2 ethylene plant for scheduled maintenance in October

27-Sep-10
Formosa Petrochemical Corp. plans to shut its No. 2 ethylene plant for scheduled maintenance on Oct. 5 for 40 to 45 days, as per Bloomberg. Repairs have seen some delay at its smaller No. 1 ethylene plant that was shut in first week July, on account of rains. The No. 2 plant has a capacity to produce 1.035 mln tpa of ethylene, while the No. 1 unit produces 700,000 tons. Repairs at the No. 1 plant are expected to be complete in early October, subject to government approval for starting it after the accident.
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