Taiwan’s Formosa to build MEG, PE plants in Texas
The construction of the new capacities is expected to start in the fourth quarter of 2015 and the plants are expected to be launched by the end of 2017. Currently, the company has several expansion projects under construction, including a LDPE plant with a planned capacity of 625,000 tons/year, an ethane cracker with a planned ethylene capacity of 1.75 million tons/year and a propane dehydrogenation unit (PDH) with a planned propylene capacity of 725,000 tons/year.
The company’s Point Comfort complex is currently able to produce 1.5 million tons/year of ethylene, 300,000 tons/year of MEG, 650,000 tons/year of HDPE and 365,000 tons/year of LLDPE.
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