Shutdown planned at No 2 plant by Formosa: naphtha for H1-Oct delivery impacted

Formosa Petrochemicals’ No. 2 plant with a capacity to produce 1.035 mln tpa of ethylene, is scheduled to halt production for 40 to 45 days. As a result, the Taiwanese major will not buy any naphtha for delivery in H1-October. Formosa has three naphtha-processing plants with a combined annual capacity of 2.935 mln tons of ethylene.
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