KPTC to set up 80,0000 tpa PX plant

31-Jan-06

Kuokuang Petrochemical Technology Corp (KPTC) plans to set up a refinery and petrochemical complex in Taiwan, at an investment outlay of US $12.46 billion and a capacity to process 300000 bpd of oil. The project includes 23 plants for middle and downstream operations, 14 cogeneration facilities and 13 ports. The naphtha cracker is to produce 1.2 million tpa ethylene. The plant will also have capacity to produce 800000 tons of paraxylene per year.