Taipei—Taiwan's state-owned CPC Corp. is in negotiations with an unidentified Indonesian firm regarding the purchase and relocation of CPC's Kaohsiung, Taiwan, naphtha cracker to Indonesia, according to Taipei Times, citing CPC Chairman Lin Sheng-chung. Lin noted several foreign companies have expressed interest in acquiring the 25-year-old cracker, which is scheduled to close or be moved this year because of environmental protests by local residents.
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