Page 18 - 2023 CPC Corporation,Taiwan

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Downstream Operations
To improve the refining configuration of the Dalin Refinery, meet the IMO 2020 standard’s requirements for marine fuel oil, cater to the increasingly strict environmental regulations for air pollutant emissions in Taiwan, and strengthen its competitiveness in the asphalt market, CPC plans to construct a vacuum distillation unit (VDU) and a solvent 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 domestically and overseas through these efforts.
Reduction of benzene in gasoline to improve product quality
With the awareness of the need for environmental protection and concerns over air pollution, the 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 the future. In response to energy in the project to create a 0.3 wt. % ultralow sulfur fuel oil and asphalt cutback production center. In 2020, CPC proposed an investment plan for gasoline production for high-quality products with reduced benzene content. The company will build a unit to extract aromatics content from pyrolysis gasoline with a capacity of 32,000 barrels per day (including an aromatization unit) and its accessory equipment, including storage tanks and utility systems, to make its gasoline products comply with regulatory requirements and to increase the competitiveness of CPC and its products in both domestic and overseas markets.
Investing in CCS and planning demonstration sites
Since COP26, achieving net zero emissions by 2050 has become a global commitment, and the Taiwanese government also published “Taiwan’s Pathway to Net-Zero Emissions in 2050” in 2021. Following this framework, CPC formulated the three strategies – optimizing refining operations, reducing carbon emissions, and developing clean energy. It has taken the initiative to research carbon capture (CC) and survey potential sites for carbon sequestration (CS) since 2021. The company plans to build a demonstration plant for carbon