According to market reports, a Taiwan based petrochemical company, Oriental Union Chemical Corporation (OUCC), located in Lin Yuan is running its 250,000 tons per annum MEG plant at reduced operating capacities.
Fibre2fashion spoke to an official spokesperson of OUCC who said, “The MEG plant is running at 70 percent currently due to lower market demand as well as higher cost of raw material. The company is also planning shut down in middle of May 2009”
He added by saying, “It will last for around two weeks. Reason for the shut down is company needs to change catalyst. However this shutdown is part of company's annual maintenance programme and may restart operations in early June 2009.