Page 19 - 2023 CPC Corporation,Taiwan
P. 19
CPC’s major petrochemical production facilities are its Linyuan Petrochemical Plant, run by the
Division. The RFCC units in the two refineries at Dalin and Taoyuan produce propylene products, while the naphtha crackers and butadiene extraction units at the Linyuan Petrochemical Plant produce ethylene, propylene, and butadiene products. Aromatics extraction units produce benzene, toluene, and mixed xylene. Currently, CPC’s annual production capacities for basic petrochemical raw materials are 1.07 million metric tons of ethylene, 1.194 million tons of propylene, 158 thousand metric tons (KTA) of butadiene, 274 KTA of benzene, 321 KTA of toluene and 507 KTA of mixed xylene.
As a pioneer of the upstream petrochemical business in Taiwan, CPC has continued to invest in various upstream petrochemical businesses to drive the development of the domestic petrochemical industry, which has contributed to the economic miracle of Taiwan. In recent years, it has been dedicated to equipment upgrades and capacity expansion to reduce the petrochemical raw materials supply shortage. In 2005, CPC implemented the “New No. 3 Naphtha Cracker” project at the Linyuan Petrochemical Plant, with an investment of over NT$40 an ethylene capacity of 720 KTA, propylene capacity of 370 KTA, and butadiene capacity of 100 KTA. It supplies petrochemical raw materials to both downstream businesses in Linyuan Industrial Park and Renda Industrial Park, whose supply was initially provided by the No.5 Naphtha Cracker, creating economic benefits worth around NT$100 billion annually. CPC plans to evaluate the expansion of petrochemical production capacity based on market demand to fully supply basic raw materials for not only daily commodities but also high-tech industries.
Refining-petrochemicals integration with low-carbon transformation
In response to the growth of the global electric vehicles market and in support of the government’s energy transition policy, CPC has conducted the integration of its refining and petrochemical businesses, reduced its production of gasoline and diesel, and has produced more chemicals. In addition, CPC has reduced the severity of pollution from its plants, decreased the energy consumption of its operations. It has strengthened safety at its facilities through the supply of raw materials among different business units, and its plan to create a synergy of its resources and public facilities through high-degree integration. In addition, CPC is evaluating the implementation of carbon capture, utilization, and storage technology (CCUS) to establish a low-carbon operation.
Strategy for optimizing refining operation and converting fuel into new materials
CPC actively complies with the government’s Circular Economy Policy by transforming petrochemical by- products used as fuel or previously regarded industrial waste into value-added products. For example, CPC uses the heavy oil from naphtha crackers to produce soft-carbon material for lithium battery manufacturing, and will continue to assess carbon capture and utilization (CCU) technologies and develop value-added products.
Facing the energy transition challenge, CPC remains steadfast in sustainable operation, striving for success for Taiwan’s energy, economy and environment.
17
