MOSCOW (MRC) -- Formosa Petrochemical Corp (FPC) is likely to take its low density polyethylene (LDPE) plant off-stream, as per Apic-online.
A Polymerupdate source in Taiwan informed that the company has planned to shut the plant for a maintenance turnaround on February 9, 2017. The plant is expected to remain off-line for around 30 days.
Located at Mailiao in Taiwan, the plant has a production capacity of 240,000 mt/year.
As MRC informed before, in 2015, Formosa Plastics unveiled plans to build a monoethylene glycol (MEG) plant and another polyethylene (PE) unit at its Point Comfort complex in Texas, according to air-permit applications. The initial pages of the applications do not list the capacity of the plants or the grade of the PE. Construction on the second PE plant started in Q4-2015, and it should start operations in December 2017. Construction on the MEG plant started in November 2015, and operations should start in September 2017.
Formosa Petrochemical is involved primarily in the business of refining crude oil, selling refined petroleum products and producing and selling olefins (including ethylene, propylene, butadiene and BTX) from its naphtha cracking operations. Formosa Petrochemical is also the largest olefins producer in Taiwan and its olefins products are mostly sold to companies within the Formosa Group. Among the company's chemical products are paraxylene (PX), phenyl ethylene, acetone and pure terephthalic acid (PTA). The company's plastic products include acrylonitrile butadiene styrene (ABS) resins, polystyrene (PS), polypropylene (PP) and panlite (PC).
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