CPC Plans to Shut Gasoline Unit at Taoyuan From Feb. to April

CPC Corp., Taiwan’s state-owned oil refiner, will shut a gasoline-making unit at its Taoyuan refinery for maintenance next month.

The company will close the 50,000 barrel-a-day residue fluid catalytic cracker from February through April, Chang Ray-chung, a company spokesman in Taipei, said by phone today.

CPC will also shut its No. 5 naphtha cracker from May through July, Chang said. The unit has a processing capacity of 500,000 metric tons a year.

A crude distillation unit at Taoyuan with capacity of 100,000 barrels a day has been shut for work, Chang said.

To contact the reporter on this story: Winnie Zhu in Singapore at wzhu4@bloomberg.net

To contact the editor responsible for this story: Pratish Narayanan at pnarayanan9@bloomberg.net

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