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Markets :: Basic Chemicals :: Petrochemicals :: Ethylene

Formosa Restarts Olefins Unit ...

11:31 PM MDT | March 22, 2009

Formosa Plastics says it has restarted its olefins unit at Point Comfort, TX. The plant has capacity to produce 1.4 billion lbs/year of ethylene and was idled in October 2008 for maintenance. The plant's current operating rate was not specified, but Formosa says it will “optimize its operating rate to match our internal demand, adjusting the rate according to the fluctuation in that...

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