Category

Countries

Formosa Plastics Completes Turnaround at its Texas Complex

Formosa Plastics Completes Turnaround at its Texas Complex

Formosa Plastics Completes Turnaround at its Texas Complex

  • 15-Apr-2021 7:00 PM
  • Journalist: Robert Hume

As revealed by a market source, Formosa Plastics Corporation, U.S.A has completed turnaround period at its 0.9 million mt/year cracker at Texas. The planned work at the Point Comfort unit had started in mid-March.

The planned maintenance drive was announced after the successful restart of the company’s 1.2 million mt/year cracker and 0.75 million mt/year cracker which remained shut due to winter storms which triggered shutdowns at several petrochemical facilities in the US Gulf Coast. All the three units of Formosa Plastics are part of the company’s Texas complex.

The restart of 0.9 MMTPA unit also allows Nan Ya plastics, sister company of Formosa Plastics, to resume the production at its 800 KTPA Monoethylene Glycol (MEG) facility from its Point Comfort location.

24X7

Track Real Time Prices

Related News

Slow Downstream Recovery and Oversupply Push Down Mono-Ethylene Glycol Prices
  • 14-Apr-2023 12:57 PM
  • Journalist: Nicholas Seifield
Weak Demand Drives Down Mono-Ethylene Glycol Prices Across the Global Market
  • 28-Mar-2023 11:34 AM
  • Journalist: Harold Finch
China's MEG Inventories Likely to Increase in Q2 of 2023 Due to High Import
  • 13-Mar-2023 3:52 PM
  • Journalist: Francis Stokes
US May Cut Down Mono-Ethylene Glycol (MEG) Import to Europe During the First Half of Q1 2023
  • 16-Jan-2023 5:18 PM
  • Journalist: Jacob Kutchner