SINGAPORE :Taiwan's Formosa Petrochemical Corp, a major fuel exporter in Asia, plans to shut three refining units from March 1 for extensive maintenance, spokesman KY Lin said.
These include its No. 1 crude distillation unit (CDU), its No. 2 residue desulphuriser (RDS) and its No. 2 residue fluid catalytic cracker (RFCC), Lin told Reuters.
Formosa operates three CDUs with capacity of 180,000 barrels per day (bpd) each at its complex in Mailiao.
The No. 1 CDU will be shut for 40 days, Lin said. Maintenance at the other two units will take longer because of upgrading works, he added.
The company plans to install new equipment and upgrade piping at the 80,000 bpd RDS, which will be shut for 53 days, Lin said, adding that the RFCC will be down for 60 days.
Formosa has revised down capacities at its two RFCCs to 76,000 bpd, from 85,000 bpd originally, because the units have been optimised for production of propylene, a plastics raw material, he added.
The company has also planned to shut the No. 2 RDS in October for 35-40 days to replace its catalyst, Lin said.
(Reporting by Florence Tan; editing by Jason Neely and David Goodman)