Taiwan’s Formosa to shut its Ningbo PTA plant
by ChemOrbis Editorial Team - content@chemorbis.com
Taiwan’s Formosa Chemical is planning to shut its PTA plant in Ningbo, China for a scheduled maintenance, according to market sources. The company reportedly will shut its 1.2 million tons/year plant in April.
The plant is expected to be offline for two to three weeks.
The plant is expected to be offline for two to three weeks.
More free plastics news
Plastic resin (PP, LDPE, LLDPE ,HDPE, PVC, GPS; HIPS, PET, ABS) prices, polymer market trends, and more...- Upcoming holidays, COVID spike pressure PS in Asia
- Shortage pushes Europe’s ABS markets to multi-year highs
- Longest-ever rally staggers in Turkey’s PVC market
- Upstream keeps China PET afloat; prices hit 11-month high
- Import PVC uptrend loses momentum in Asia; is the 9-month rally coming to an end?
- Tightness brings further price hikes in African PP, PE markets
- European PP hits new highs after 3-digit hikes for January
- Turkey’s PP, PE markets open 2021 with supply-driven hikes
- Vietnam’s local homo-PP market retreats for 3rd week on subdued demand
- China’s PE demand wavers amid controls on environmental pollution and electricity use
