TITLE

Mailiao cracker start-up spells trouble for plastics

AUTHOR(S)
Kovac, Matt
PUB. DATE
May 2007
SOURCE
ICIS Chemical Business;5/28/2007, Vol. 2 Issue 68, p12
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
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.
ACCESSION #
25911928

 

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