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BUZZ-Taiwan Formosa restarts units; refinery runs near 95 pct
May 3, 2017 / 6:48 AM / 5 months ago

BUZZ-Taiwan Formosa restarts units; refinery runs near 95 pct

** Taiwan’s Formosa Petrochemical raises average run rates in May at its 540,000 barrels per day (bpd) Mailiao refinery to almost 95 percent as it completes planned maintenance

** This is up nearly 25 percentage points from April when a crude unit and at least two secondary units were shut for maintenance since mid-March

** Formosa is one of Asia’s key gasoline and diesel exporters but it is Asia’s top naphtha importer due to insufficient feedstock to cater to its petrochemical units (Reuters Messaging: lipeng.seng.thomsonreuters.com@reuters.net)

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