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Formosa Petrochemical's Sept, 9-mth Revenue Down On Year
Taiwan's Formosa Petrochemical Says July Sales Down 9.02% Y/Y
Formosa Petrochemical Posts Q2, H1 Net Profit
Formosa Petrochemical Corporation is a Taiwan-based company principally engaged in the refining and distribution of oil products. The Company’s principal products include oil products, such as naphtha, gasoline, diesel, jet fuel, kerosene, fuel oil and liquefied petroleum gas (LPG); petrochemical basic materials, such as ethylene, propylene and butadiene; utility products, such as power generation equipment and steam, as well as basic oil products. In addition, the Company is also involved in the storage of oil products and petrochemical materials, as well as the loading and unloading of port cargos.
Oil & Gas - Integrated
Room 377, 4F, Building Behind
No. 201, Tung Hwa North Road
Chairman of the Board
Wen Yuan Wong
Managing Director, Independent Director
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Taiwan's Formosa Petrochemical Corp aims to lower its October average run rate at the 540,000-barrel-per-day (bpd) Mailiao refinery to about 70% from more than 87% last month due to maintenance, its spokesman said on Thursday.
Taiwan's Formosa Petrochemical Corp <6505.TW> has finalised a naphtha purchase at discounts of $4 to $5 a tonne to its own price formula on a cost and freight (C&F) basis, the lowest price it has paid since December, industry sources said on Thursday.
Taiwan's Formosa Petrochemical Corp will operate its Mailiao refinery at about 90% capacity, down by about 6 percentage point from June but fully restore throughput at its naphtha crackers, company spokesman K.Y. Lin said on Monday.
* Too soon to tell if fire at sister company would affect crackers
Taiwan's Formosa Petrochemical Corp has finalised its term contracts to sell diesel and jet fuel for loading in 2019, at volumes and price levels mostly steady from this year, trade sources said on Monday.
Taiwanese oil refiner Formosa Petrochemical Corp has bought a U.S. crude oil cargo for the first time to replace Middle East crude, the company spokesman said on Monday.
Asia's naphtha crack edged up 2 cents to $87 a tonne on Thursday, the highest since June 6, supported by firm demand. - But improving supplies impacted fundamentals and spot naphtha premiums came tumbling down after hitting near four-year highs in late May. - Taiwan's Formosa...
Taiwan's Formosa Petrochemical Corp has bought lower naphtha volumes for February than January due to fewer days next month and also because it is returning to using alternative feedstock, traders familiar with the matter said on Friday.
Taiwan's Formosa Petrochemical Corp has offered 2.1 million barrels of jet fuel and diesel for 2018 term contracts, tender documents showed on Monday.
* Says its unit FG LA LLC acquires land in Louisiana in U.S. for $34.65 million
Taiwan's Formosa Petrochemical Corp this week bought about 60,000 tonnes of naphtha using a pricing formula uncommon in the region, two people familiar with the matter said on Friday.
Taiwan is increasing oil imports from northern Iraq as local refiners take advantage of an open arbitrage to buy high-sulfur crude that can replace supplies cut by OPEC.
The European Commission in Daily newsletter
Formosa Petrochemical Corp. expects faster approval for a planned $9.4 billion petrochemical plant in the U.S. state of Louisiana under the administration of President Donald Trump, the company's chairman said on Wednesday.
* Formosa offers 240,000 bbls of 500 ppm sulphur gasoil a mth
Taiwan's Formosa Petrochemical Corp has planned maintenance at its 540,000 barrels-per-day (bpd) Mailiao refinery next March, September and November, a company spokesman said on Friday.
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