Formosa Seeks to Defer Imports of Crude Oil, Naphtha
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Formosa Petrochemical Corp., Taiwan’s only publicly traded oil refiner, wants to defer some imports of naphtha and sour, or high-sulfur, crude after two accidents at its Mailiao plants last month.
“Our storage tanks are full,” spokesman Lin Keh-yen said by telephone in Taipei today, declining to give details.