Taiwan’s privately owned Formosa Petrochemicals Corp has turned to Shell Global Solutions for help in competing on the international gasoline markets.
Shell said it has drawn up a motor gasoline (mogas) masterplan for Formosa Petrochemicals, which operates a 450,000-barrels/day refinery-ethylene cracker complex.
It said: “The Émasterplan will help FPCC optimise and upgrade its mogas production to maximise supply opportunities to other countries beyond the saturated Taiwan market.
“Although highly experienced in the petrochemicals industry, FPCC is a relative newcomer to oil refining, having commissioned the initial phase of its Mailiao refinery just two years ago.”
The masterplan looks at FPCC’s existing facilities’ configuration and helps identify the modifications needed to meet the quality and quantity of demands from domestic and alternative markets. It also helps FPCC to improve its production processes so that its products will meet export mogas specifications.
FPCC, a division of one of the largest conglomerates in Taiwan, Formosa Plastics Group, has businesses including plastics, fibres, chemicals, petrochemicals and electronics.
“We are a highly successful company, but recognise that we can expand our newly established refining business by bringing in outside expertise,” said Shiann-Chang Tsai, assistant vice president, refining division, FPCC. “We chose Shell Global Solutions because of its global network, and its practical experience in operating refineries and supplying products to dynamic and competitive export markets.”