CPC and Taiwan Fertilizer Sign MOU for Collaborative Utilization of LNG Cold Energy

On the 28th, CPC Corporation, Taiwan (hereinafter referred to as "CPC") General Manager, Jeng-Zen Fang, and Taiwan Fertilizer Co., Ltd. (hereinafter referred to as "Taiwan Fertilizer") Acting General Manager, Chang-Lang Chang, signed a Memorandum of Understanding (MOU) on behalf of their respective companies. This agreement initiates a collaborative effort to develop and reutilize the cold energy produced by the Taichung Liquefied Natural Gas Plant. The substantial temperature difference generated during LNG regasification can be harnessed to supply Taiwan Fertilizer's cooling water system, thereby conserving energy consumption and achieving the goal of energy recycling.

Since 1990, CPC has been utilizing cold energy at the Yongan Liquefied Natural Gas Plant. Within the plant's processes, this energy is used to recover evaporated gas from storage tanks and supply chilled water for air conditioning and equipment needs. In terms of commercial application, CPC provides cold energy to partner companies for air liquefaction and separation, producing liquid oxygen, liquid nitrogen, and liquid argon. This approach promotes energy conservation and carbon reduction and enhances revenue through energy recycling.

The signing of this MOU is prompted by the proximity of CPC's Taichung Liquefied Natural Gas Plant to Taiwan Fertilizer's Taichung Port facilities. After joint evaluation, both parties have decided to combine their strengths and practical experience to replicate the cold energy utilization experience from the Yongan LNG Plant to the Taichung Port facilities. This collaboration will progressively advance the development of cold energy technologies.