Taiwan based CPC Corp is conducting a feasibility study for opportunities to invest in building a petrochemical park in India. The company led a delegation on a trip that started July 31 to examine two sites in India, namely Paradip in the East and Gujarat in the West, which are under consideration. CPC has a combined ethylene production capacity of 1.1 million mt/year from the two naphtha-fed steam crackers in Linyuan, Taiwan.The study is still in its initial stage. Should the feasibility study suggest positive economic benefits, CPC would proceed on planning for the investment.
