PlantsSSESSMENTS: Formosa Plastics To Shut PE Production Units

Market sources informed SSESSMENTS.COM that Formosa Plastics USA planned to shut its polyethylene (PE) production units for maintenance. According to them, the producer will shut its 675,000 tons/year HDPE film unit from July to early September. The company’s 200,000 tons/year HDPE blowmolding unit is also scheduled for maintenance in October 2020. Meanwhile, Formosa’s LLDPE unit will resume LLDPE butene production in July, the sources added.