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Regions :: North Asia :: Taiwan

Formosa Shutters Cracker

10:28 AM MST | January 13, 2009

Formosa Petrochemical says it shuttered its 700,000-m.t./year naphtha cracker at Mailiao, Taiwan last week due to deteriorating Asian demand caused by weak economic conditions. The cracker will remain idle for an indefinite period, and its restart will depend on when petrochemical demand improves, the company...

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