PlantsSSESSMENTS: Formosa Petrochemical Corporation (FPCC) To Shut Mailiao Cracker Unit

Market sources revealed to SSESSMENTS.COM that Formosa Petrochemical Corporation (FPCC) will shut its No.3 cracker unit located in Mailiao, Taiwan. According to sources, the cracker with a production capacity of 1.2 million tons/year of ethylene, 600,000 tons/year of propylene, and 176,000 tons/year of butadiene will be under maintenance shutdown for about 45 days starting from mid-August.