Business Services Industry
TAIWAN: Construction plans for proposed $1,250,000,000 ethylene production capacity expansion project, CHINESE PETROLEUM CORP. (CPC) [Taiwan] - Order #: 104604.
WWP-Business Opportunities in Asia & the Pacific, October, 2004
PROJECT OVERVIEW:
As a result of several planned turnarounds Taiwan's shortage of ethylene has been forecasted to reach 425,000 metric tons per year (mt/y). Consequently, the Taiwan COUNCIL FOR ECONOMIC PLANNING & DEVELOPMENT recently approved a 6-year ethylene production capacity expansion project proposed by the local CHINESE PETROLEUM CORP. (CPC).
Construction plans under consideration call for expanding CPC's No.3 cracker at Kaohsiung, Taiwan. In so doing, ethylene production capacity is expected to be increased from 230,000 mt/y up to 1 million mt/y.
The cost to complete the upgrade project has been pegged at $1,250,000,000.
CPC employs a total staff of about 15,900 engaged in the exploration, production, refining, storage,...
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- LIFO vs. FIFO: a return to the basics
- Design a commission plan that drives sales - Sales Commissions
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article
