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Formosa Petrochemical Starts Third Crude Unit at Refinery After July Fire
By Yu-huay Sun – Oct 15, 2010 1:52 AM CT
Formosa Petrochemical Corp., Taiwan’s only publicly traded oil refiner, has started all its three crude units in Mailiao after shutting them in July because of a fire.
The third crude distillation unit resumed production yesterday, Lin Keh-yen, a company spokesman, said by phone in Taipei today. The refiner expects to process 430,000 barrels of crude today, he said.
Formosa Petrochemical’s Mailiao refinery has three crude distillation units, each able to process 180,000 barrels a day. The company shut the 540,000 barrel-a-day plant for safety reasons after an oil leak triggered a fire at its No. 2 residue desulfurization unit on July 25.
The refiner has completed repairs of its No. 1 ethylene plant and awaits government approval to start the unit, Lin said.
Formosa Petrochemical has three naphtha-processing plants with a combined annual capacity of 2.935 million metric tons of ethylene, a raw material for plastics, chemicals and synthetic fibers. The No. 1 plant, able to produce 700,000 tons of ethylene a year, has been closed after a blaze on July 7.
Crude distillation units heat the fuel and separate it into oil products. Residue desulfurization units remove sulfur from residual fuel.
To contact the reporter on this story: Yu-Huay Sun in Taipei at ysun7@bloomberg.net To contact the editors responsible for this story: John Viljoen at jviljoen@bloomberg.net
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Here is update on the Restart units at Formosa Petchem after July 2010 fire (& multiples afterward including Oct coker fire) that took out 1/3 crude capacity, Resid FCC (RFCC) & Naphtha Cracker out service since July ….. but it doesn’t mention the 36MBD coking unit (~1999 ABB-Lummus Tech) in this article.
It also does not mention the expansion project (last Formosa Project Update 2Q2010 PDF) that was to complete in 2012 but has been delayed to 3Q2013. Where plant capacity to be expanded from 540-590MBD crude to 4th crude unit with +100-150MBD and that also has Phase 2 new coker addition/expansion from 36MBD to 65MBD.
Even with expansion it remains behind rival CPC which has 720MBD capacity. The Formosa/Milano Refinery exports nearly 50-60% of its products into Asia region.
Regards
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