Formosa shuts its No. 2 ethylene plant

Taiwan's Formosa Petrochemical Corp., has shut its No. 2 ethylene plant located in Mailiao on Sept. 26 for a 40-45 day maintenance turnaround. The plant has a capacity to produce 1.03 mln tpa ethylene from Naphtha. The shutdown will affect naphtha purchases by Formosa Petrochemical - resulting in a decrease in both naphtha purchases and ethylene supplies.
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