Page 18 - 2022 CPC Corporation,Taiwan

Downstream Operations To improve the refining configuration of Dalin Refinery, meet the standards of marine fuel oil for IMO 2020, the increasingly strict requirements imposed by domestic environment regulations for emissions of air pollutants, and to strengthen its competitiveness in asphalt market, CPC plans to construct a vacuum distillation unit (VDU) and a solvent deasphalting (SDA) unit at Dalin Refinery, along with Polymer-Modified Asphalt and asphalt cutback production facilities, asphalt storage facilities, an asphalt blending system, and a revamping of the No.9 diesel hydrodesulfurization unit and associated equipment. CPC aims to increase its competitiveness in domestically and overseas by these efforts. Reduction of benzene in gasoline to meet regulatory requirements With the awareness of the need for environmental protection and concerns over air pollution, the Environment Protection Administration (EPA) has enforced stricter standards for automobile gasoline. Since July 1, 2020, benzene levels in petroleum have gradually been reduced from 1.0 vol. % to 0.9 vol. %. The EPA plans to reduce benzene to less than 0.8 vol. % in future. In response to energy transition and the regulatory limits for benzene content of gasoline, CPC first invested in the project to create a 0.3 wt. % ultra- low sulfur fuel oil and asphalt cutback production center. In 2020, CPC produced an investment plan for the production of gasoline with a reduced benzene content and high quality products. The company will build a unit to extract aromatics content from pyrolysis gasoline with capacity of 32,000 barrels per day (including an aromatization unit) and its accessory equipment, including storage tanks and utility systems, in order to make its gasoline products comply with regulatory requirements and increase CPC’s competitiveness in domestically and overseas. The UN Climate Change Conference (COP26) held in 2021 urged governments to aggressively accelerate their actions toward the goal of energy conservation and carbon reduction. The official and private departments in Taiwan have also continued promoting the carbon emission reduction policies and investments in renewable energy. To respond to the call for a reduction in carbon emissions, CPC has planned to set up a carbon capture demonstration unit in Dalin Refinery. By doing so, CPC will reduce carbon emissions and make real progress in environmental protection.