Page 19 - 2024 CPC Corporation,Taiwan
P. 19
Core Business ● Strategy for optimizing refining operation and converting fuel into new materials
CPC actively aligns with the government’s Circular Economy Policy by implementing a progressive Crude Oil to Chemicals (COTC) approach under the premium oil strategy. This involves transforming petrochemical by- products, previously used as fuel or considered to be industrial waste, into high-valued products. For example, CPC uses the heavy oil from naphtha crackers to produce soft-carbon material for lithium battery manufacturing and purifies Dicyclopentadiene (DCPD) from pyrolysis gasoline used in wind turbine blades. Meanwhile, CPC will continue evaluating carbon capture and utilization (CCU) technologies to further purify and utilize the carbon dioxide contained in the flue gas to produce high-valued petrochemical products.
17