Formosa Petchem Drops Capacity

Formosa Petrochemical (Mailiao, Taiwan) says it recently lowered the operating rate of one of its three ethylene plants due to a mechanical fault. The 1.2-million m.t./year ethylene plant at Mailiao is running at 75%-80% of capacity, compared with 100% in late February, Formosa says. “The fault is a small problem that we should be able to fix quickly,” the company...

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