Home / Knowledge / News / Textiles / Despite Kuokuang, expansion plans of other projects to be on stream
Despite Kuokuang, expansion plans of other projects to be on stream
May '11
Several southern Taiwan based downstream petrochemical firms are still positively looking forward to capacity expansion, with a total investment of around NT$30 billion. This is despite termination of Kuokuang petrochemical project.

Grand Pacific Petrochemical, China Man-Made Fiber, Taiwan Styrene Monomer, Asia Polymer and Oriental Union Chemical are all amongst the firms eager to expand their capacities. If they manage to obtain materials supply from CPC Taiwan, these firms are likely to start their new plants by 2013.

The firms are likely to obtain inputs for their new expanded facilities from CPC Taiwan's sixth naphtha cracker.

The sixth naphtha cracker which came up with an investment of NT$46.9 billion, houses a production capacity of 800,000 metric tons of ethylene per annum, which is 500,000 metric tons above the third naphtha cracker's capacity of 230,000 metric tons.

The firms propose to test run the new expanded facilities during second part of 2012, and to officially inaugurate the same in 2013.

A majority of these firms do not hold any investments in Kuokuang Petrochemical Technology Co., Ltd., and hence termination of the Kuokuang project would not have any bearing on them. Rather, they have been much relieved by termination of the project, as competition has reduced. Like for instance, Asia Polymer has accelerated the process of setting up an EVA plant with capacity of 120,000 metric tons per annum.

A CPC Taiwan official confirmed that, the downstream petrochemical firms have recently requested CPC to reconfirm their earlier promise of enhancing ethylene supply in future, so that they can proceed with their expansion plans.

Editor's note –
It is pertinent to note here that, despite the setback to the Kuokuang petrochemical project, other petrochemical projects have not backed out from their commitments, which bodes well for the Taiwanese and also the Asian petrochemical sector.

Fibre2fashion News Desk

Must ReadView All

Textiles | On 22nd Jul 2017

Govt constitutes GST Feedback and Action Room

The Government of India has constituted a Feedback and Action Room...

Textiles | On 22nd Jul 2017

India’s cotton textile exports fell in FY17: Tamta

The overall export of cotton textiles from India declined in 2016-17...

Textiles | On 22nd Jul 2017

Stella McCartney, Bolt Threads partner for eco fashion

Fashion designer Stella McCartney has partnered with Bolt Threads for ...

Interviews View All

Nitin Soni
Dolphin Jingwei Machines

Taxation policies need to be made simpler

Nitin Bhatia
Trend Arrest

Setting up a brand for online selling is easy, but running the brand is not

Textiles & allied industry

Textiles industry is always in the forefront in accepting latest technology

Eric Scholler

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

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Rupa Sood and Sharan Apparao

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

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


July 2017

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

news category

Related Categories:

Planning to Take the Leap towards

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search