Taiwan's Formosa Petchem issues force majeure on some petchem supplies as Iran crisis disrupts feedstock delivery

Formosa Petrochemical

10/03/2026 04:17

SINGAPORE, March 10 (Reuters) - Taiwan's Formosa Petrochemical Corp (FPCC) has issued a force majeure notice on some of its petrochemical supplies due to feedstock delivery delays stemming from shipping disruptions in the Strait of Hormuz, its spokesperson said on Tuesday.

Products affected include ethylene and propylene, said FPCC's spokesperson KY Lin. Both are key building blocks for the plastics industry.

"Our No.2 and No.3 crackers are still operating at around 70% for now," Lin said, adding that the refiner is considering shutting one cracker if "naphtha feedstock does not come at all".

FPCC's No.2 and No.3 steam crackers at its Mailiao site can produce up to 1.335 million metric tons per year of ethylene, while its No.1 cracker is currently not in operation.

 (Reporting by Trixie Yap; Editing by Sonali Paul)

 ((trixie.yap@thomsonreuters.com;))