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Formosa to restart Texas VCM plant next week post-maintenance

Houston — Formosa Plastics aims to restart its 753,000 mt/year vinyl chloride monomer plant in Texas next week after wrapping up maintenance work, a source familiar with company operations said Wednesday.

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"The plan is to have it up by early next week," the source said.

A company spokesman did not respond to a request for comment.

Market sources said the outage was expected to significantly limit polyvinyl chloride export volume availability for July.

VCM is the direct precursor to PVC, a construction staple used to make pipes, window frames, vinyl siding and flooring, and other products.

-- Kristen Hays, kristen.hays@spglobal.com

-- Edited by Jennifer Pedrick, newsdesk@spglobal.com