Formosa starts cracker turnaround at Mailiao, naphtha discount deepens in Asia as arbitrage flows outpace demand

09:45 AM | August 14, 2020 | Trisha Huang, OPIS

Company's largest cracker with ethylene capacity of 1.2 MMt/y begins 50-day turnaround; discounts for Asian naphtha deepen on ample arbitrage and lower cracker run rates.