Market sources informed SSESSMENTS.COM that Formosa Plastics USA had started a scheduled turnaround at its chlor-alkali plant in Point Comfort, Texas. The 736,000 tons/year unit is expected to remain under maintenance until July. However, it remains unclear when the producer will resume production at the plant
US chlor-alkali rates fell from 90% in March to 68% in April as coronavirus prevention measures crushed demand for chlorine and products, including polyvinyl chloride and hydrochloric acid. However, the latest industry statistics showed that the rates rose to 75% in May.
