Petrochemical plant of Kaohsiung - to expand production capacity of high purity EO.
Fitch Rating Ltd. Have upgraded the CMFC's scale of credit rating to BBB(twn), and the revision outlook is stable.
Fitch Rating Ltd. Has assigned CMFC the credit rating to BBB-(twn), and the revision outlook is stable.
CMFC had carried a out cash capital increase for planning to build a new MEG plant, the capacity is 400,000MT/annum.
According to the business benefit consideration, the Toufen plant stopped production.
A New investment Nan-Chung Petrochemical corp. was on stream. Capacity: MEG 300,000MTS/year, invested by CMFC and Nan-Ya plastic each has equal shares of 50%. In the same year, CMFC has completed the second expansion of the poly-esterification plant.
CMFC has another cash capital increment to invest in the Nan-Chung Petrochemical corp. and Nan Ya plastic corp. to produce petrochemical products.
We started up both the polyester plant and the Cogeneration plant.
CMFC has purchased the technology from Teijin Limited corp. of Japan and built the 330 kta polyesterification plant in Dashe township. At the same time, we have built the 4.17 gw of the co-gen plant to provide the electricity power for the entire plant complex.
The petrochemical plant of Kaohsiung gained ISO 9002 certification.
In July, we Constructed another chemical plant to produce nonylphenol at Tashe industry park and provided one of the material to produce the nonionic surfactant for the PAECC plant.
The nonyphenol has started up and granted the technology of UHDE from Germany.
We have applied the increment of capital to construct the 120 kta polyesterification plant.
We had a join venture project with Hong Jew chemical corp. as well as the Shan Fong contractor to built the commercial business tower.
We had applied the increment of capital up to five billion NT dollars to built the 25 kta nonyphenol plant and another 12 billion NT dollars of the 41.7 GW co-gen plant in lieu to diversity the business risk.
The EO plant was started up and processed in March.
CMFC was in cooperated with Japan Asia corp. to built the Pan Asia Chemical Corp. The major product is the EOD and was on line production in 1984.
We had received over 85% of the equipment from Mitsubishi to produce EO.
The air separation unit machinery equipments supplied by American HRI Corporation were transported to Kaohsiung Plant.
Right adjacent to the EG plant, we planed to built a capacity of 40,000 tons per year ethylene oxide (EO) plant.
We had remodified the #2 cellophane machine included the synctronized motor, the flume type tank, the stainless steel cluster roll, the steam water heating roll with tension controller and the width control roll.
Rebuild #1 Cellophane machine.
On 27th of May, we started up the EG plant and produced the quality EG for the polyester fiber industry.
In cooperated with American Olin to plan to produce cellophane.
In December, The first ethylene glycol (EG) plant was constructed at Dashe industrial park of Kaoshung. The designed capacity of this EG plant was 50,000 tons per year.
In order to improve quality of the cellophane with the gain in yield, cooperates with Japanese Mr. Watanabe, replacement viscous bubble trimming machine.
We had installed six spinning machine as well as one set of cellophane equipment.
Increases 10 spinning machines.
By providing the equipment of the Hwalon division , we cooperated with the Teijin corporation of Japan to form a joined venture company Hwalon. This new Hwalon company was not a subsidiary company of CMFC. It was a separated self-running company.
Increases 6 spinning machines.
Increases 6 spinning machines.
We invested a new company, the Union Nylon Corporation. This factory produced various denied of nylon filaments.
We had in cooperated with American Chemtex to equip one set of spinning machine at our cellophane plant site. The original machine has a low spinning speed of 100m/m with a daily production rate of 5 tons only. The machine had to reduce to 70 m/m due to the control problem.
Increases 2 spinning machines.
To fulfill the demand of the domestic and international market, we manu- factured a variety of cellophane products.
The first rayon filament was on line production. The technology is from American Wanco with a daily production rate of 4 ton per day in a total of 22 spinning machines.
On 28th of April, the Toufen plant geared in the production of rayon filament and rayon staple filament and rayon staple fibers. This Made us the first manufacture of the man-made fiber in Taiwan.
The first man-made fiber plant was built in Toufen, Mouli.