Formosa Plastics Corporation, U.S.A. announced resumption of production of polyvinyl chloride (PVC), polyethylene (PE) and polypropylene (PP) and chlor-alkali (caustic soda) at the company's Point Comfort, Texas facility. It's Olefins I unit, which supplies the ethylene and propylene feedstock is operating at full capacity. The PVC, PP, PE and chlor-alkali units, along with the facility's other units are operating reduced rates as a result of Olefins II being offline. Repairs are underway on the "Olefins II" Unit, which suffered some damage in the purification area as a result of an explosion and fire on October 6. While no detailed repair schedule was released, it is expected to be short-term, as other major components of the Olefins II Unit are undamaged.
The company is working with the Formosa Plastics Group of Taiwan to supplement production and meet customer demand.
{{comment.DateTimeStampDisplay}}
{{comment.Comments}}