Page 28 - 2024 CPC Corporation,Taiwan

Liquefied Petroleum Gas / Lubricants / Solvent & Chemical Business
Taking advantage of our strengths and accomplishing the mission of stable supply
CPC’s long-standing monopoly in the LPG market was broken when the government opened it up to competition in 1999. Formosa Petrochemical Corp. as a producer and importer began competing with CPC. In response to market competition, CPC has maintained its leading market share in the household gas market by making full use of its quality advantages, north-south transport, storage systems, comprehensive marketing, retail network, full grasp of international market price fluctuations and reduction of procurement costs. In selling industrial gas, the company aims at raising the quality of its customer service and promoting the value of its products so as to both retain existing customers and win new ones.
CPC shoulders the mission of a state-owned enterprise, which cooperates with the government's policy to stabilize prices and a coastal cleanup program, and it implemented measures in 2023 to freeze the price of LPG. This initiative aims to reduce the impact on domestic industry and the economy. Additionally, CPC regularly conducts coastal garbage cleanup operations to contribute to sustainable marine development. Meanwhile, CPC has cooperated with the government’s LPG safety reserve policy to increase the storage tank turnover rate and revenue. At the same time, it endeavors to reinforce both occupational safety and environmental protection protocols to stabilize LPG supply in the domestic market and to deliver operational performance.
CPC LUBRICANTS / The BEST strategy that focuses on transition and development
CPC’s Lubricants Business Division (LBD) was founded on March 16, 1999, with two brands: CPCLUBE (“a brand with mission”), Mirage (“professional automotive lubricants”) and it sells its products to both domestic and overseas consumers.
CPC currently has more than 30 distributors, more than 600 CPC-owned gas stations, and distribution partnerships with major wholesalers in Taiwan. It offers the most comprehensive, convenient, and diversified distribution and services. Meanwhile, CPC is also actively exploring the Asia-Pacific and African markets, with operating offices and direct clients in China, Vietnam, Philippines, Indonesia, Myanmar, India, Thailand, Australia, Congo, and Suriname.
Facing the global trend of going green, CPC Lubricants Business Division adopted a BEST strategy focusing on Bio, ECO, Synthetics, and Total solutions in its transition. The division developed bio-lubricants made by non-petrochemicals and lubricant products specifically for wind turbines. It uses all-synthetic base oils and improves the functionality and durability of lubricant products with innovative technologies. CPC also manufactures packaging and bottles from recycled plastic to reduce waste and pollution, while using new technology to maximize production efficiency.
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