Bloomberg News

Formosa Offers 35,000 Tons of Fuel Oil for August

July 19, 2012

(Corrects sulfur content in table.)

Formosa Petrochemical Corp. (6505) is offering to sell 35,000 metric tons of fuel oil for loading in August, according to an e-mail sent to prospective buyers. Buyers may purchase either 280-centistoke or 380-centistoke supplies, according to the notice.

Formosa Petrochemical is Taiwan’s only publicly traded oil refiner. Details of the offer are as follow:

---------------------------------------------------------------
Quantity:  35,000 tons
Viscosity: Choice of 280 or 380 centistoke
Sulfur:    Maximum 2 percent
Loading:   Aug. 5 to Aug. 7
Port:      Mailiao, Taiwan
Bids due:  July 23, 12:30 p.m.
Validity:  July 23, 6 p.m.
---------------------------------------------------------------

To contact the reporter on this story: Winnie Zhu in Singapore at wzhu4@bloomberg.net

To contact the editor responsible for this story: Alexander Kwiatkowski at akwiatkowsk2@bloomberg.net


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