Formosa Plastics Group. Sixth Naphtha Cracker Project

In light of the severe shortage of basic petrochemical materials in Taiwan over the years, which has limited the development of the petrochemical industry’s mid-stream and down-stream services, Formosa Plastics Group proposed the Sixth Naphtha Cracker Project to resolve the problem of insufficient raw materials, and the project was approved by the government in 1986. The plant was originally planned to be built in Yilan Lize on 280 hectares of land, but was relocated to Taoyuan Guanyin in 1988 after irrational protests by environmental activists. FPG later abandoned the site in Taoyuan Guanyin due to a similar reason.
Yunlin wholeheartedly welcomed FPG in 1991, and FPG subsequently carried out land reclamation in Mailiao District and Haifeng District, where the Yunlin Offshore Industrial Complex is located. FPG built a refining plant with an annual capacity of 25 million tons of crude oil, a naphtha cracker with an annual capacity of 2.935 million tons of ethylene, and related petrochemical plants, heavy machinery plants, co-generation power plants, and Mailiao Harbor. Furthermore, seeing the impact of Taiwan’s severe power shortage on domestic and business development, FPG decided to establish a coal-fired power plant that will be connected to Taiwan Power Company’s power supply system, so as to help increase Taiwan’s insufficient power supply.
At present, the total amount invested in the Sixth Naphtha Cracker Project is approximately 29 billion USD (including the industrial harbor and power plants); a total of 56 plants were constructed, and all plants have begun production.
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