17 May 2007 17:15 [Source: ICIS news]
TAIPEI (ICIS news)--Taiwan Fertilizer (Taifer) plans to centralise its production at Taichung harbour in the next five years which will free up land at existing sites for other development, company officials said on Thursday.
The move will also result in a New Taiwan dollar (NT$) 70m ($2m) savings on feedstock transportation, they said on the sidelines of the 28th Asia Petrochemical Industry Conference (APIC).
In the first phase, to cost around NT$4bn, the company will build a new150,000 tonne/year nitrogen, phosphorous and potassium (NPK) plant in Taichung and move another unit with the same capacity from its Keelung site, they said.
Other units in the first phase include a new 165,000 tonne/year nitric acid unit, two liquid ports and a 30,000 tonne ammonia storage tank which will be completed in 2009.
Plants at the Keelung and Hsinchun sites will be shut by then.
In the second phase, to cost over NT$2bn, the company planned to build a third NPK unit with the same capacity and move a 100,000 tonne/year nitric acid plant from its Kaohsiung site by 2012, they said.
The port facilities will also allow it to import chemicals such as adipic acid, acetic acid and ethanol for the local market, they added.
($1=NT$33.4)
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|
|
ICIS Chemicals Confidential