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
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.)
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