Formosa Cracker at 60% Rates

Formosa Petrochemical is running its new 1.2-million m.t./year ethylene cracker at Mailiao, Taiwan at 55%-60% of capacity to control inventories, sources say. Formosa started up the plant last month (CW, April 4, p. 37). The company has two other crackers at Mailiao, with ethylene capacity totaling 1.6 million...

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