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Formosa Plastics to shut down VCM plant for maintenance

Vinyl Chloride Monomer (VCM) unit is likely to undergo maintenance by Formosa Plastics. The plant is likely to be shut down in mid of august 2016. The plant is likely to remain off-stream for around 3-4 weeks. Plant is located at Mailiao in Taiwan and has the production capacity of 8,00,000 mt/year.