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Title: In Taiwan, the private sector comes to the fore

Journal Article · · Chemical Week; (United States)
OSTI ID:7094278

The petrochemical industry of Taiwan has played a major role in the country's development. Production value grew from $54 billion in 1990, or 32.8% of the total manufacturing sector, to $6.1 billion last year, an increase of more than 6%/year. Export value in 1990 reached $18.8 billion. Despite the need to import most of the raw materials, the industry has enjoyed healthy development due to cooperation among the upstream and downstream producers, and strong downstream processing capacity. The northern petrochemical complex is at Toufen; the southern complexes are located at Tasheh, Jenwu, and Linyuan. Until now the entire upstream industry has been in the hands of state-owned Chinese Petroleum Corp. (CPC; Taipei), which has little involvement in downstream affiliates are China Petrochemical Development Corp. (CPDC), in which it has a 76.4% stake, and China American Petrochemical Co. Ltd. (Capco), of which it owns 25%.

OSTI ID:
7094278
Journal Information:
Chemical Week; (United States), Vol. 152:2; ISSN 0009-272X
Country of Publication:
United States
Language:
English

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