MOSCOW (MRC) -- Yunlin County
government has conditionally approved a one-year extension of 8 operating
licenses for using bituminous coal and petroleum coke at the Sixth Naphtha
Cracking Complex run by Formosa Plastics Group (FPG) in the Mailiao Township of
the southern county, as per Plastemart.
Of the eight operating
permits, six were renewed to allow five sets of cogeneration facilities and one
petrochemical production line at the No. 3 plant in the complex to burn
bituminous coal and another two renewed to permit the use of petroleum coke at
the No. 1 plant.
After screening applications filed by the FPG to renew the operating permits
based on relevant environmental rules and regulations, the county government
approved the renewal on the condition that FPG carry out a seasonal pollution
emission reduction project from October to next March and march toward the use
of clean or renewable energy according to a top official with the county's
Environmental Protection Bureau.
Lin Chang-chao, director of the bureau,
said that the county government had asked FPG to gradually reduce the use of
bituminous coal at its naphtha cracking plants since 2015, with the reduction
amount totaling 2,312,726 metric tons over a period of two years, for a
reduction rate of 14.1%.
As MRC informed earlier,
in July 2015, Formosa Plastics Corporation, U.S.A. unveiled its plans
to build a new, state-of- the-art polypropylene (PP) production line at its
Point Comfort, Texas site. This will be the first new PP production to be built
in the US in many years. It continues the company’s longstanding commitments to
its customers, its employees and the communities in which it operates. No
details on the plant’s investment, capacity, technology, construction or
anticipated completion/startup was released then.
Petrochemical is involved primarily in the business of refining crude oil,
selling refined petroleum products and producing and selling olefins (including
ethylene, propylene, butadiene and BTX) from its naphtha cracking operations.
Formosa Petrochemical is also the largest olefins producer in Taiwan and its
olefins products are mostly sold to companies within the Formosa Group. Among
the company's chemical products are paraxylene (PX), phenyl ethylene, acetone
and pure terephthalic acid (PTA). The company's plastic products include
acrylonitrile butadiene styrene (ABS) resins, polystyrene (PS), polypropylene
(PP) and panlite (PC).