●
KuoKuang Power Co. Ltd. (KKPC)
The KuoKuang Power Co. was established in 2000 for the
construction and operation of a gas-fired power plant with an
installed capacity of 480MW at Guishan Township in Taoyuan
County. This was in line with government policy of opening power
generation to private operators (Independent Power Producers or
IPPs) in order to alleviate the power supply shortfall in northern
Taiwan. CPC holds 45% of the equity.
●
Kuokuang Petrochemical Technology Co. (KPTC)
CPC and other domestic companies established the KPTC as a joint-venture in 2006 to facilitate the vertical upstream,
midstream, and downstream integration of oil refining and petrochemical production and in the hope that it would
encourage the petrochemical industry to remain in Taiwan and help promote overall economic development. In view
of environmental considerations, the company wrote to the EPA in 2011 cancelling the "Changhua Southwest Corner
(Dacheng) Reclaimed Land Industrial Area Plan Environmental Impact Assessment." In response to the government's
policy for petrochemicals of "enhancing quality in Taiwan, expanding quantity overseas," KPTC is currently assessing
alternative domestic and foreign investment plans. CPC holds 43% of the equity.
●
NiMiC Ship Holding Co., Ltd. (NSHC)
This joint-venture has four ship-owning companies under its umbrella and has built four LNG tankers to carry LNG
purchased by CPC from Qatar's RasGas II. CPC holds 45% of the equity.
●
NiMiC Ship Management Co., Ltd. (NSMC)
Established in 2006, NSMC is responsible for operation and management of the four LNG tankers built with investment
from NSHC. CPC holds 45% of the equity.
●
Ras Laffan Liquefied Natural Gas Company Limited II (RasGas II)
CPC invested in RasGas II in 2008 and owns 5% of the B shares in the company's fifth LNG production train. The
company's operations include natural gas production, liquefaction and marketing.
●
Global Energy Maritime Co. (GEMCO)
Established in 2011, GEMCO plans to build a crude oil tanker and finished product oil tanker. CPC holds 48% of
the equity.
●
Taiwan Advanced Materials Co., Ltd. (TAMC)
Established in 2012, TAMC plans to produce high added-value petrochemical derivatives such as styrene-isoprene-
styrene (SIS) block copolymer, dicyclopentadiene (DCPD), and C
5
petroleum resins. CPC holds 49% of the equity.
Affiliates
│
33
│
