CPC-Shell Lubricant Co. Ltd. (CSLC)
The CPC-Shell Lubricant Co., established in 1963 and of which
CPC holds 49% of the equity, has been located at CPC's
Kaohsiung Refinery and producing mainly base oils, lubricants,
and their by-products. With the closing of the refinery in 2015,
production will be relocated to the Dalin Refinery.
China American Petrochemical Co.
Ltd. (CAPCO)
Established in 1976, CAPCO 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 company's 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, LPG receiving
and storage equipment 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), of
which CPC holds 20% of the equity, was established in
1996. Located in Qatar's Mesaieed Industrial Zone, it chiefly
produces methanol and methyl tert-butyl ether (MTBE).
Faraway Maritimes Shipping Co. (FMSC)
The Faraway Maritimes Shipping Co. was jointly established
in 1997 by CPC and its foreign partner Osprey to build and
operate the Matsu-class LNG carrier Golar Mazo. The ship
carries LNG from the Badak VI gas field in Indonesia to
Taiwan; CPC holds 40% of the company's equity.
Chun Pin Enterprise Co., Ltd. (CPEC)
The Chun Pin Enterprise Co. was established in 1998 to
set up a storage and transport center as part of the Phase
II development of Taipei Harbor. It is engaged in the
storage and transshipment of petroleum and petrochemical
products. CPC holds 49% of its equity.
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 480
MW at Guishan Township,
Taoyuan County, under the government's policy of
opening up power generation to private operators to
alleviate the power supply shortfall in northern Taiwan.
CPC holds 45% of the company's equity.
Kuokuang Petrochemical Technology
Co. (KPTC)
CPC and other local companies in the petrochemical sector
established KPTC as a joint-venture in 2006 to facilitate
the vertical upstream, midstream, and downstream
integration of oil refining and petrochemical production,
in the hope that it would encourage the petrochemical
industry to remain in Taiwan and help promote overall
economic development. In response to the government's
petrochemicals policy of 'enhancing quality in Taiwan,
expanding quantity overseas,' KPTC is currently assessing
alternative domestic and foreign investment plans in the
light of difficulties in securing a domestic production base.
CPC holds 43% of the company's 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
for CPC from Qatar's RasGas II plant. CPC holds 45% of
the company's equity.
NiMiC Ship Management Co., Ltd.
(NSMC)
Established in 2006, NSMC is responsible for the operation
and management of the four LNG tankers built by NSHC.
CPC holds 45% of the company's equity.
RasLaffan 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 line. The
company's operations include natural gas production
and liquefaction into LNG as well as 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
company's equity.
Taiwan Advanced Materials Co., Ltd.
(TAMC)
Established in 2012, TAMC plans to produce high added-
value petrochemical derivatives such as styrene-
isoprenestyrene (SIS) block copolymer, dicyclopentadiene
(DCPD), and C5 petroleum resins. CPC holds 49% of the
company's equity.
