BNET Industries
Last Fiscal Year Sales:$17.8B
- Private
- TW
Dow Jones Description
Chinese Petroleum keeps people mobile. Founded in 1946 and headquartered in Taipei, Taiwan, Chinese Petroleum Coproration is the Republic of China's leading producer of oil. The company is involved in the exploration, transportation and marketing of their products. With business interests around the world, including the U.S., CPC's reserves are estimated to be 4 million barrels of oil. Chinese Petroleum Coproration has annual revenue of about $18 billion and employs approximately 15,000 people. CPC recently began drilling in the Gambella Basin of Ethiopia.
President
B.L. ChenNumber of Employees 15,089
Peer Companies
NAICS Code Petroleum Refineries: 324110
News & Analysis
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chinese petroleum corp. - All News and Analysis
UAE: Joint venture construction plans for proposed $6,000,000,000 petrochemical complex, CHINESE PETROLEUM CORP. (CPC) [Taiwan] Order #: 103505.
- 2005-10-01
PROJECT OVERVIEW: A Taiwanese joint venture led by CHINESE PETROLEUM CORP. CPC is currently gearing-up to build what is claimed to be the world's biggest petrochemical complex in the UAE. The other companies involved in the project include USI CORP., TAIWAN POLYPROPYLENE CO.,...
TAIWAN: Joint venture construction plans for proposed $12,000,000,000 petrochemical complex move ahead, CHINESE PETROLEUM CORP. (CPC) [Taiwan] & INTERNATIONAL PETROLEUM INVESTMENT CO. (IPIC) [UAE] - Order #: 070625.
- 2005-07-01
PROJECT OVERVIEW: The local CHINESE PETROLEUM CORP. CPC recently signed a memorandum of understanding MOU with UAE-based INTERNATIONAL PETROLEUM INVESTMENT CO. IPIC. According to the terms of the MOU, CPC will have a 43% stake in the venture and invest $2,400,000,000 in CPC-led...
SAUDI ARABIA: Joint venture construction plans for proposed $3,500,000,000 petrochemical complex move ahead, CHINESE PETROLEUM CORP. (CPC) [Taiwan] & SAUDI BASIC INDUSTRIES (SABIC) [Saudi Arabia] - Order #: 116304.
- 2004-11-01
PROJECT OVERVIEW: Taiwan-based CHINESE PETROCHEMICAL CORP. CPC recently confirmed industry reports that it is considering the establishment of a joint venture with the local SAUDI BASIC INDUSTRIES SABIC in view of building a new petrochemical complex in the Kingdom. According to Mihn ...
TAIWAN: Construction plans for proposed $1,250,000,000 ethylene production capacity expansion project, CHINESE PETROLEUM CORP. (CPC) [Taiwan] - Order #: 104604.
- 2004-10-01
PROJECT OVERVIEW: As a result of several planned turnarounds Taiwan's shortage of ethylene has been forecasted to reach 425,000 metric tons per year (mt/y). Consequently, the Taiwan COUNCIL FOR ECONOMIC PLANNING & DEVELOPMENT recently approved a 6-year ethylene production capacity expansion project proposed...
SAUDI ARABIA: Joint venture construction plans for proposed $3,500,000,000 naphtha cracker and associated petrochemical plants move ahead, CHINESE PETROLEUM CORP. (CPC) [Taiwan] & SAUDI BASIC INDUSTRIES (SABIC) [Saudi Arabia] - Order #: 103904.
- 2004-10-01
PROJECT OVERVIEW: Taiwan-based CHINESE PETROLEUM CORP. CPC has faced difficulties in acquiring land to build a chemical plant in its home country for the past 5 years. In addition, the company has been facing increasing competition from FORMOSA PETROCHEMICAL CORP., another oil refiner...
SAUDI ARABIA: Joint venture construction plans for proposed $3,500,000,000 naphtha cracker and associated petrochemical plants move ahead, CHINESE PETROLEUM CORP. (CPC) [Taiwan] & SAUDI BASIC INDUSTRIES (SABIC) [Saudi Arabia] - Order #: 103904.
- 2004-10-01
PROJECT OVERVIEW: Taiwan-based CHINESE PETROLEUM CORP. CPC has faced difficulties in acquiring land to build a chemical plant in its home country for the past 5 years. In addition, the company has been facing increasing competition from FORMOSA PETROCHEMICAL CORP., another oil refiner...
TAIWAN: Construction start-up on long-stalled $1,250,000,000 naphtha cracker project is tentatively scheduled to begin in early 2005, CHINESE PETROLEUM CORP. (CPC) [Taiwan] Order #: 097904.
- 2004-09-01
PROJECT OVERVIEW: Taiwan presently suffers an ethylene deficit, a key component in the production of plastics, of some 170,000 tons per year (t/y). In addition, the shortage is expected to rise to 900,000 t/y in the coming years since downstream production is...
Taiwan okays CPC cracker expansion.(new construction projects)(Chinese Petroleum Corp.)(Brief Article)
- 2004-08-11
Taiwan's Council for Economic Planning and Development Taipei has approved a six-year ethylene expansion plan for Chinese Petroleum Corp.'s (CPC; Taipei) No. 3 naphtha cracker at Kaohsiung, Taiwan. CPC plans to invest NT$42.6 billion ($1.25 billion) to raise ethylene capacity of the unit from 230,000 m.t./year,...
Oriental Union plans big EO-EG complex in Taiwan.(new construction projects)(Oriental Union Chemical Corp. contracts with Chinese Petroleum Corp.)(Brief Article)
- 2004-08-04
Oriental Union Chemical Corp. (OUCC; Taipei), an affiliate of Far Eastern Textile Taipei, tells CW that it plans to invest about $260 million to build an ethylene oxide-ethylene glycol (EO-EG) complex at Kaohsiung, Taiwan. The company is in the final stages of technology selection for the...
TAIWAN: Construction plans for proposed $888,000,000 naphtha cracker are expected to be finalized in the 3rd quarter of 2004, CHINESE PETROLEUM CORP. (CPC) [Taiwan] - Order #: 078504.
- 2004-07-01
PROJECT OVERVIEW: The local CHINESE PETROLEUM CORP. CPC is currently expected to finalize its construction plans for a new naphtha cracker by some time during the 3rd quarter of 2004. The new facility is intended to replace its less cost-efficient, 26-year-old 230,000 ton...
Decision Makers
| Name (plus bio) | Position |
|---|---|
| B.L. Chen | President |
| Roy C.H. Chiu | CFO & Vice President |
| H.C. Chang | Vice President |
| L.K. Hwang | Public Relations Director |
| Nancy Pang | HR Director |
| S.J. Wang | Operations Director |
| W.D. Lin | Purchasing Director |
| Y.A. Liu | Discipline Director |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Kuo Ching-Tsai | Chairman |
| C. H. Chen | Board of Directors |
| C. H. Liu | Board of Directors |
| C. K. Sung | Board of Directors |
| C. Y. Chen | Board of Directors |
| C.H. Huang | Board of Directors |
| J. T. Lee | Board of Directors |
| J.A. Yeh | Board of Directors |
| Joseph C. M. Yu | Board of Directors |
| M.Y. Ho | Board of Directors |
| S.L. Lou | Board of Directors |
| S.S. Ma | Board of Directors |
| W.S. Wang | Board of Directors |
| Organization | Position | Status |
|---|---|---|
| Chinese Petroleum Corporation | President | Current |
| Chinese Petroleum Corporation | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Chinese Petroleum Corporation | CFO & Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Chinese Petroleum Corporation | Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Chinese Petroleum Corporation | Public Relations Director | Current |
| Organization | Position | Status |
|---|---|---|
| Chinese Petroleum Corporation | HR Director | Current |
| Organization | Position | Status |
|---|---|---|
| Chinese Petroleum Corporation | Operations Director | Current |
| Organization | Position | Status |
|---|---|---|
| Chinese Petroleum Corporation | Purchasing Director | Current |
| Organization | Position | Status |
|---|---|---|
| Chinese Petroleum Corporation | Discipline Director | Current |
| Organization | Position | Status |
|---|---|---|
| Chinese Petroleum Corporation | Chairman | Current |
| Chinese Petroleum Corporation | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Chinese Petroleum Corporation | Board of Directors | Current |
| Organization | Position | Status |
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| Chinese Petroleum Corporation | Board of Directors | Current |
| Organization | Position | Status |
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| Chinese Petroleum Corporation | Board of Directors | Current |
| Organization | Position | Status |
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| Chinese Petroleum Corporation | Board of Directors | Current |
| Organization | Position | Status |
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| Chinese Petroleum Corporation | Board of Directors | Current |
| Organization | Position | Status |
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| Chinese Petroleum Corporation | Board of Directors | Current |
| Organization | Position | Status |
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| Chinese Petroleum Corporation | Board of Directors | Current |
| Organization | Position | Status |
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| Chinese Petroleum Corporation | Board of Directors | Current |
| Organization | Position | Status |
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| Chinese Petroleum Corporation | Board of Directors | Current |
| Organization | Position | Status |
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| Chinese Petroleum Corporation | Board of Directors | Current |
| Organization | Position | Status |
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| Chinese Petroleum Corporation | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Chinese Petroleum Corporation | Board of Directors | Current |
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