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Yunlin County government approves extension of 8 operating licenses at Formosa 6th Naphtha Cracking Complex

April 20/2017

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 companys longstanding commitments to its customers, its employees and the communities in which it operates. No details on the plants investment, capacity, technology, construction or anticipated completion/startup was released then.

Formosa 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).


mrcplast.com
Author:Margaret Volkova
Tags:PP, crude and gaz condensate, propylene, ethylene, petrochemistry, Formosa, China, USA.
Category:General News
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