Formosa outlines plans for $2. 5-billion petrochemical project
Formosa Plastics (Taipei) has revealed details of its ambitious plans to set up a $2.5-billion petrochemical complex in Taiwan that includes the country's sixth cracker and the possibility of trebling ethylene capacity to supply a massive ethylene glycol (EG) complex. The company says work to reclaim land at Mailiao, on the western coast of Taiwan, will begin next March and take one to two years. Construction is scheduled to begin after that, with completion of the complex planned for 1997. Basic engineering is nearly done. Vincent Siew, minister for economic affairs, tells CW that Formosa has received all the approvals for the sixth cracker, which will be designed to produce 450,000 m.t./year of ethylene. The company, he says, will invite other producers to participate in expansion of the plant to 1.35 million m.t./year.
- OSTI ID:
- 6937363
- Journal Information:
- Chemical Week; (United States), Journal Name: Chemical Week; (United States) Vol. 151:22; ISSN CHWKA9; ISSN 0009-272X
- Country of Publication:
- United States
- Language:
- English
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Related Subjects
020700* -- Petroleum-- Economics
Industrial
& Business Aspects
ALCOHOLS
ALKENES
ASIA
CAPACITY
CHEMICAL PLANTS
CHEMICAL REACTIONS
CHINA
CRACKING
DECOMPOSITION
ETHYLENE
GLYCOLS
HYDROCARBONS
HYDROXY COMPOUNDS
INDUSTRIAL PLANTS
ISLANDS
MATERIALS
ORGANIC COMPOUNDS
PETROCHEMICAL PLANTS
PETROCHEMICALS
PETROLEUM PRODUCTS
PLASTICS
PRODUCTION
PYROLYSIS
SYNTHETIC MATERIALS
TAIWAN
THERMOCHEMICAL PROCESSES