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Taiwan's OUCC operates MEG plant at curtailed capacity
30 Dec '13
1 min read
Taiwan-based Oriental Union Chemical Corporation is operating its monoethylene glycol (MEG) plant at curtailed capacity.
“The Lin Yuan based MEG plant is currently operating at 90 percent capacity due to moderate demand trends in the domestic market,” a company official told fibre2fashion.
The MEG plant has a production capacity of 300,000 mt/year.
Founded in 1975, OUCC became a publicly listed company in 1987. OUCC was originally a joint venture with a multinational corporation, and it is now the major petrochemical force within the Far Eastern Group.
Over the three decades, OUCC has constantly improved its core ethylene oxide processing technology and has become a major supplier of ethylene glycol and ethylene oxide derivatives in Taiwan and throughout the Asia-Pacific Region.
Fibre2fashion News Desk - India
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