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Chemical Week Magazine :: Basic Chemicals & Plastics

Formosa declares force majeure

11:20 AM MDT | May 31, 2011

Formosa Plasitcs declared a system-wide force majeure on May 19 due to a fire at its Mailiao, Taiwan complex, sources say. Caustic soda, chlorine and vinyl chloride monomer products are expected to be affected. The fire is the third in the past 10 months, and was caused by a leak of liquefied petroleum gas from pipelines, the company says. No allocation levels have been...

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