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Formosa’s Mailiao Refining Unit Fire Under Control

July 26 (Bloomberg) -- A fire at Formosa Petrochemical Corp.’s Mailiao refining complex in Western Taiwan has been brought under control, an official from the local county government said.

Dark smoke continues to rise from the scene of the fire, Hsieh I-lin, a duty official at the Yunlin County fire department, said by phone today.

The fire broke out at a residue desulfurization unit at 7:58 p.m. yesterday, the company said in a stock exchange filing today. No-one was injured in the blaze, said Formosa Petrochemical, Taiwan’s only publicly traded oil refiner.

Formosa Petrochemical’s refinery in Mailiao can process 540,000 barrels of crude oil a day. The company operates three ethylene plants with a combined annual capacity of 2.935 million metric tons. Ethylene is a raw material for plastics, chemicals and synthetic fibers. A residue desulfurization unit removes sulfur from residual fuel.

Formosa Petrochemical halted its No. 1 ethylene plant, which has an annual capacity of 700,000 tons, at the Mailiao complex on July 7 after a fire, according to company spokesman Lin Keh-yen.

To contact the reporter on the story: Yu-huay Sun in Taipei at ysun7@bloomberg.net.

To contact the editor responsible for this story: Amit Prakash at aprakash1@bloomberg.net.

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