2014 CPC Corporation, Taiwan - page 32

CPC holds equity in numerous other, affiliated or subsidiary companies, both at home and overseas. The most
representative of these are introduced below:
CPC-Shell Lubricant Co. Ltd. (CSLC)
The CPC-Shell Lubricant Co., established in 1963, is located at CPC's Kaohsiung Refinery and produces mainly
base oils, lubricants, and their byproducts. CPC holds 49% of the equity.
China American Petrochemical Co. Ltd. (CAPCO)
Established in 1976, the China American Petrochemical Co. is a joint-venture with BP and is the major supplier of
purified terephthalic acid (PTA) to the polyester industry in Taiwan. Its plants are located in Taichung and in the
Linyuan petrochemical area in Kaohsiung. CPC holds 38.57% of the equity, including preferred stock.
Dai Hai Petrol Corp. (DHP)
Established in 1994, the Dai Hai Petrol Corp. is headquartered in Haiphong, Vietnam and owns docks, receiving
equipment and LPG storage and distribution facilities with a capacity of 1,050 tons. It also operates an LPG
filling station in Ha Tay. The company engages primarily in the storage, transport, and supply of LPG and other
petroleum products in northern Vietnam. CPC holds 35% of its equity.
Qatar Fuel Additives Company Limited (QAFAC)
The Qatar Fuel Additives Company Limited (QAFAC) was established in 1996 in Qatar's Mesaieed Industrial Zone
and chiefly produces methanol and methyl tert-butyl ether (MTBE). CPC holds 20% of the company's equity.
Faraway Maritimes Shipping Co. (FMSC)
The Faraway Maritimes Shipping Co. was jointly established in 1997 by CPC and foreign partner Osprey, and built
the Matsu-class LNG carrier Golar Mazo. The ship carries LNG purchased from Badak VI in Indonesia; CPC holds
40% of the equity.
Chun Pin Enterprise Co., Ltd. (CPEC)
The Chun Pin Enterprise Co. was established in 1998 and established a storage and transport center as part
of Phase II development of Taipei Harbor. It engages in the storage and transshipment of petroleum and
petrochemical products. CPC holds 49% of the equity.
Affiliates
Targeting Asia-Pacific markets with a view
to global expansion
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