Formosa Plastics USA ramping up capacity utilisation at its No. 3 cracker in Texas after restart

MOSCOW (MRC) -- Formosa Plastics USA, part of Formosa Petrochemical, began restarting its No. 3 cracker in Point Comfort, Texas on June 23 and was expected to ramp up through the week, reported S&P Global with reference to sources familiar with company operations.The Formosa OL3 cracker with the capacity of 1.25 mln tonnes of ethylene per year was shut on June 4, 2021, owing to technical

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