Singapore-Taiwanese state-owned refiner CPC is on track to shutdown its 200,000 b/d Zuoying refinery in Kaohsiung by the end of next year, and will make up most of the short- fall with a big expansion of its 300,000 b/d Talin facility, sources said late Tuesday. CPC is Taiwan’s dominant supplier of refined oil products, with a 79% domestic market share in gasoline and an 84.5% share of diesel sales last year, according to the company’s 2014 sustainability report.
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