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Yahoo! My Yahoo! Mail More Yahoo! Services Account Options New User? Sign Up Sign In Help Yahoo! Search web search Home Singapore Asia Pacific World Business Entertainment Sports Technology Singapore Asia Pacific World Taiwan Formosa ordered to inspect tanks after leak Reuters - Thursday, September 16 Send IM Story Print TAIPEI, Sept 16 - Taiwan environmental officials said on Thursday they had ordered Formosa Petrochemical Corp <6505.TW> to inspect 227 oil storage tanks after a leak in one, the latest in a series of incidents for Asia's fifth-largest refinery complex. County officials also issued a T$1 million fine for a Sept. 9 gas leak that sent fumes into neighbouring towns, although no injuries were reported, said Lai Tung-hung, a section chief under the local environmental protection agency. The leaking tank at in central Taiwan had been shut down and Formosa ordered to inspect others over two months as normal work continued, Lai said. Formosa's 540,000 barrel-per-day Mailiao refinery complex is still recovering from three fires earlier in the year. Two in July partially shut down the company's operations as Taiwan officials got tougher on inspections following complaints from residents. The company plans to reopen a fire-hit naptha cracker at the end of the month after finishing repairs [ID:nSGE68D0B5]. Closure of the 700,000-tonne-per-year unit had squeezed international prices for naptha. Another fire will keep a residue desulphurising unit shut for at least another six months. Recommend Send IM Story Print Related Articles BANKERS' VIEW-India cbank raises rates more aggressively Reuters - 14 minutes ago P&G to buy Israel's ConTipi for up to $100 mln -paper Reuters - 18 minutes ago Citigroup Asia sees revenue growth faster than rivals Reuters - 21 minutes ago Europe shares turn positive in early trade Reuters - 23 minutes ago US-BUSINESS Summary Reuters - 23 minutes ago News Search Top Stories Michael Jackson's mother sues concert promoters Europe claims victory in Boeing subsidy row Google pitching online music service to labels Craigslist says shutdown of adult services permanent Storm Karl hits Mexico, threatens Gulf oil installations More Top Stories » ADVERTISEMENT Most Popular Most Viewed Most Recommended Toddlers immune to 'contagious' yawning: study Dollar falls, gold soars on global economy jitters 'Time bomb' superbug requires global response: doctor Europe claims victory in Boeing subsidy row Huge Saudi arms deal aimed at Iran, Yemen troubles: analysts More Most Viewed » Climate: New study slashes estimate of icecap loss US pastor puts Koran-burning on hold 'Time bomb' superbug requires global response: doctor Japanese rider Tomizawa dies in San Marino Moto2 GP Vitamin B 'could delay Alzheimer's onset' More Most Recommended » Elsewhere on Yahoo! Financial news on Yahoo! Finance Stars and latest movies Best travel destinations More on Yahoo! News Home Singapore Asia Pacific World Business Entertainment Sports Technology Subscribe to our news feeds Top StoriesMy Yahoo!RSS » More news feeds | What are news feeds? Also on Yahoo! Answers Groups Mail Messenger Mobile Travel Finance Movies Sports Games » All Yahoo! Services Site Highlights Singapore Full Coverage Most Popular Asia Entertainment Photos World Cup 2010 Yahoo! News Network Copyright © 2010 Yahoo! Southeast Asia Pte. Ltd. (Co. Reg. No. 199700735D). All Rights Reserved. Terms of Service | Privacy Policy | Community | Intellectual Property Rights Policy | Help

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