Home / Knowledge / News / Textiles / CPC Corp, Pertamina mull new naphtha cracking plant
CPC Corp, Pertamina mull new naphtha cracking plant
Jun '18
Courtesy: CPC Corporation, Taiwan
Courtesy: CPC Corporation, Taiwan
CPC Corp, Taiwan’s state-owned oil company, and PT Pertamina, Indonesia’s state-owned oil and gas company, are considering establishment of a joint venture to build a new naphtha cracking plant in Indonesia. Pertamina has proposed four possible locations for the new facility and the Taiwanese firm is expected to send a team for inspection of these locations.

The proposed plant will have a capacity to produce 1 million metric tons of ethylene per year, according to CPC, Taiwanese media reports said.

CPC is likely to invite investment from Taiwanese companies in the new project through a public bidding process, according to the company’s vice president Huang Jen-hung. An assessment report on the project is expected to be completed by November-end this year.

Pertamina had earlier backed out from buying CPC’s Kaohsiung naphtha cracker, citing in part the plant’s relatively small capacity of 500,000 tons, compared to 1 million tons generated by its global competitors. Pertamina had also rejected a plan to relocate the entire Kaohsiung plant to Indonesia.

CPC has now initiated a plan to sell the Kaohsiung facility in full or in part by public tender. (RKS)

Fibre2Fashion News Desk – India

Must ReadView All

Uzbekistan wants zero EU customs duty on textile products

Textiles | On 16th Nov 2018

Uzbekistan wants zero EU customs duty on textile products

Uzbekistan plans to seek zero customs duty from the European Union...

Cotton sector to receive boost in Azerbaijan's Ujar region

Textiles | On 16th Nov 2018

Cotton sector to receive boost in Azerbaijan's Ujar region

Factories for cotton processing, production of cottonseed oil and...

Courtesy: Under Armour

Apparel/Garments | On 16th Nov 2018

Under Armour Q3 revenue rises to $1.4 billion

The revenue of Under Armour in Q3 of fiscal 2018 has increased 2 per...

Interviews View All

Nuno Venda, ROQ

Nuno Venda

‘There has been an increase in demand for water based inks, rather than...

Abhishek Samdaria, Reflete

Abhishek Samdaria

GST will certainly reduce a lot of paperwork in future

Sanjay Desai & Ashish Mulani, True Colors

Sanjay Desai & Ashish Mulani
True Colors

Digital textile printing will be the technology of the future

Mark Tokuhara,

Mark Tokuhara

Japan-based FitJoy, a shoe brand for women, has been in the footwear...

Urmil Arya,

Urmil Arya

Sushila International, a well established textile organisation established ...

Akshat Chaudhary,

Akshat Chaudhary

Aizome, Asia's first Fairtrade denim brand, is all set to launch next...

Kevin Nelson, TissueGen

Kevin Nelson

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Luis Quijano, Liberty University

Luis Quijano
Liberty University

Focusing on bold patterns and colour palettes, Luis Quijano, a student at...

Justin Gutierrez, INDA

Justin Gutierrez

The Association of the Nonwoven Fabrics Industry (INDA) has created a new...

Divvya and Nidhhi Gambhir, Walnut

Divvya and Nidhhi Gambhir

<b>Divvya and Nidhhi Gambhir</b> started their career with the launch of...

Tony Ward, Tony Ward

Tony Ward
Tony Ward

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

Cigdem Akin, Cigdem Akin

Cigdem Akin
Cigdem Akin

She has carved a niche for herself as the national brand of Turkey. Her...

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


Leave your Comments

November 2018

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

news category

Related Categories:

Advanced Search