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HDPE unit to be shut by Formosa of Taiwan

Formosa Petrochemical Corp. to shut its unit for few days due to Ethylene shortage in the month of September 2016. Other polyethylene units, including a 235,000 mt/year low density polyethylene/ethylene vinyl acetate swing plant and a 260,000 mt/year linear low density polyethylene plant, will not be affected and running. Formosa has three naphtha-fed steam crackers and each goes through maintenance once every three years.

The No. 1 cracker was shut in 2015, and the No. 3 cracker will shut in 2017. The No. 1 cracker is able to produce 700,000 mt/year of ethylene, 350,000 mt/year of propylene and 109,000 mt/year of butadiene. The No. 2 unit is able to produce 1.03 million mt/year of ethylene, 515,000 mt/year of propylene and 162,000 mt/year of butadiene. The No. 3 steam cracker has the capacity to produce 1.2 million mt/year of ethylene, 600,000 mt/year of propylene and 180,000 mt/year