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Oil & Gas

Formosa restarts largest naphtha cracker

June 18, 2012
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TAIWAN — Formosa Petrochemical Corp. has restarted the largest of its three naphtha crackers after a two-week shutdown, Fox Business reported.

The 1.2-million-metric-ton-a-year naphtha cracker began operations Friday at 60% capacity and will gradually be increased.

The cracker was shut at the end of May due to low petrochemical margins.

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