Focus Taiwan
Date: 2017/11/29
By: Huang Ya-chuan and Kuan-lin Liu
Taipei, Nov. 29 (CNA) The state-owned fuel company CPC Corp, Taiwan, is considering
Minister of Economic Affairs Shen Jong-chin (沈榮津)
relocating its Kaohsiung naphtha cracker plant to Indonesia, following the closure of the plant in 2015 amid environmental concerns in Taiwan, Minister of Economic Affairs Shen Jong-chin (沈榮津) said Wednesday.
Speaking at a legislative hearing, Shen said CPC will complete its assessment of the relocation plan by next January.
The oil refinery in Kaohsiung, called the fifth naphtha cracking plant, was closed in 2015 amid rising awareness of environmental protection in Taiwan.
CPC had said earlier that it had signed memorandums of understanding (MOUs) with both Indonesia and India on Oct. 6 and was evaluating the two countries to decide where to move its refinery. [FULL STORY]