Mailiao cracker start-up spells trouble for plastics

Kovac, Matt
May 2007
ICIS Chemical Business;5/28/2007, Vol. 2 Issue 68, p12
Trade Publication
The article explores the impact of Formosa Petrochemical's naphtha cracker in Taiwan for the plastics industry in Asia. The impending start-up of Formosa Petrochemicals new naphtha cracker in Taiwan, which is to produce 1.2 million tonnes/ year of ethylene, along with other downstream products, will have an immediate negative effect on Asia's plastics sector. Scott Weaver, a senior analyst at Macquarie Securities, said the new capacity will result to a downturn in petrochemical conditions.


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