MOSCOW (MRC) -- Formosa Chemicals & Fibre Corp (FCFC), a subsidiary of Formosa Plastics Group, has restarted its No. 1 styrene monomer (SM) plant, reported Apic-online.
A Polymerupdate source in Taiwan informed that the No.1 plant restarted in early January 2015. It was shut in mid-December 2014 on account of weak market conditions.
Located at Mailiao in Taiwan, the plant has a production capacity of 250,000 mt/year.
As MRC wrote previously, on 9 September 2014, Formosa Plastics Corp shut down its polyvinyl chloride (PVC) plant in China for a one-month maintenance turnaround. Located at Ningbo in Zhejiang province of China, the plant has a production capacity of 400,000 mt/year.
Formosa Chemicals & Fibre Corporation (FCFC) is a subsidiary of Formosa Plastics Group, the largest private owned enterprise in Taiwan, with annual revenue of USD13.5 billion.
Formosa Plastics Corporation is a Taiwanese company based in Taiwan that primarily produces polyvinyl chloride (PVC) resins and other intermediate plastic products.
MRC