Power outage at Formosa’s Mailiao complex estimated to result in losses of NT$9 bln

22-Jun-12

Partial production suspension at some units of Formosa’s Yunlin petrochemical complex due to a power failure could impact the combined sales of its four core companies. The loss is estimated at NT$9 bln (US$301 mln), as per Taipie Times. The shutdown is also estimated to result in a loss of NT$100 mln to Nan Ya Plastics, the nation’s largest plastics maker, and to Formosa Chemicals, which produces aromatics and styrenics, but will not affect Formosa Petrochemical.