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RE: Formosa Plastics to Invest $1.5 Bln in the US = 300 MW Petcoke Cogen, Taiwan=60MBD crude/coker exp

Home Forums Refining Community Refinery News Formosa Plastics to Invest $1.5 Bln in the US = 300 MW Petcoke Cogen, Taiwan=60MBD crude/coker exp RE: Formosa Plastics to Invest $1.5 Bln in the US = 300 MW Petcoke Cogen, Taiwan=60MBD crude/coker exp

#7668

Charles Randall
Participant

Formosa Plastic announced plans for PVC plant in Texas along with a 300MW Petcoke power plant, and Tap rising demand for both chemicals & energy (Formosa currently has existing PVC plant at Baton Rouge, LA).
 
It is also looking to expand its Mailiao, Taiwan refinery & petchem plant from 480 MBD crude to 540 MBD By the end of 2006.
 
The existing Mailiao Delayed coker is 36 MBD unit, and may require expansion (since the coker Raio is already below 10) with this size of crude rate increase, however Formosa also has a 70 MBD Resid desulfurizer and runs mostly lighter Middle Eastern crudes (Kuwait, Iraq, Iran & S. Arabia Light).
 
Formosa Plastic in Taiwan had the first major IPP in 1999 when it brought online the Formosa owned Mailiao Power plant a 2,400 MW coal fired power plant, which sells 75% of electricity to Taipower. It also operates a plant cogen to produce steam, power and air for plant needs via two 46 MW NG turbines.
(This plant cogen was to be replaced by petcoke cogen once the petcoke production  became available after 2002 Startup.)
 
Regards
Charlie Randall
Pace Global Energy Services
Progect Manager
808 Travis Street Suite 1107
Houston, TX 77002
Direct: 713-315-5666
Mobile: 281-813-2669
Fax: 713-222-7520
Email: randallc@paceglobal.com

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