Home / Knowledge / News / Textiles / Eighth naphtha cracker project may relocate overseas
Eighth naphtha cracker project may relocate overseas
Jan '11
The Minister of Economic Affairs Shih Yen-shiang of Taiwan, revealed that the government is considering an alternative to relocate the development project for the country's eighth naphtha cracker taken up by the Kuokuang Petrochemical Technology Co. (KPTC) in a foreign country.

While visiting the leading research institution of the country, Academia Sinica, the Minister said that from the economic standpoint, development projects as important as that of the installation of the naphtha cracker should be taken up within the country. The government can, however, decide to relocate such projects to foreign countries if these projects have a serious impact on the environment of the country.

He further added that the government will not allow the company to proceed with its naphtha cracker project unless it undergoes environmental impact assessment (EIA).

The eighth naphtha cracker project as well as the already prevailing sixth naphtha cracking plant situated in Mailiao in the Yunlin County of Taiwan, which was sanctioned by the Ministry of Economic Affairs, goes against the policies of the government, particularly those which focus on energy-saving and reduction of carbon dioxide emissions.

The functioning of the sixth naphtha cracking plant has caused serious damage to the various resources such as air, water and soil in the areas located in the vicinity of the plant.

The eighth plant will cause further damage to the areas surrounding the plant which has been planned to be constructed in Changhua County in the central part of Taiwan in close proximity to the estuary of the Jhuoshuei River. Once the plant starts its operations, it is anticipated to cause 25 percent of the country's carbon dioxide emissions.

Fibre2fashion News Desk - India

Must ReadView All

Apparel/Garments | On 27th Mar 2017

NYCEDC announces $51mn package for NYC garment industry

New York City Economic Development Corporation (NYCEDC), in...

Apparel/Garments | On 27th Mar 2017

Fynd raises $500K Series A funding from Venture Catalysts

Fynd, an online to offline (O2O) e-commerce fashion marketplace, has...

Apparel/Garments | On 27th Mar 2017

India's fashion market to touch $30 bn by 2020: Report

The fashion market in India is estimated at $70 billion in 2016, with ...

Interviews View All

C Kamatchisundaram

ITME is an occasion not only to receive new leads but also to work on...

Poojaa Kumar Deepak

Zeven's performance sports apparel is designed for the Indian body type,...

Rashi Menda

Every fifth sale we make on Zapyle is a repeat purchase

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Eric Scholler

The Indian market has huge potential in technical textiles, and by far,...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

March 2017

March 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


Subscribe today and get the latest News update in your mail box.
Advanced Search