Made available in DSpace on 2015-04-11T13:52:48Z (GMT). No. of bitstreams: 1 Dissertacao Fabio Heleno.pdf: 634046 bytes, checksum: 60fe4a200379097b6d7c11e49f61c628 (MD5) Previous issue date: 2009-02-27 / FAPEAM - Fundação de Amparo à Pesquisa do Estado do Amazonas / The petrochemical industry occupies a special position in the national industry in face of his importance for the economical and productive development of the country and of the areas where it settles. The reflections of this dissertation are centered in the analysis of the concentration process, specialization and dynamism on Brazilian petrochemical industry in the period of 1995 and 2005. The adopted methods were the normalized concentration index, location quotient and the shift-share. To test those empiric models the base of personal computer-data of RAIS it was used. The results indicate the areas that hold the Brazilian main petrochemicals poles (Camaçari-BA, ABC-SP and Triunfo-RS) presented high agglomeration levels and specialization with tendency for geographical decentralization in the indicators. Tendency to the gathering and specialization of activities petrochemicals in other areas (especially Alagoas, Manaus and Rio de Janeiro), forming local systems of production, due to the production of the basic raw material and of effects in chain originated by the specific economical activities of each area. It was also verified that there was a slow dynamism of the petrochemical industry national, due to the combination of the structural and differential effects unfavorable, carting in competitive disadvantage. / A indústria petroquímica ocupa uma posição especial na indústria nacional em face de sua importância para o desenvolvimento econômico e produtivo do país e das regiões onde se instala. As reflexões desta dissertação se centram na análise do processo de concentração, especialização e dinamismo da indústria petroquímica brasileira no período de 1995 e 2005. Foram adotados os métodos do índice de concentração normalizado, quociente locacional e o shift-share. Para testar esses modelos empíricos foi utilizada a base de micro-dados da RAIS. Os resultados indicam que as regiões que comportam os principais pólos petroquímicos do país (Camaçari-BA, ABC-SP e Triunfo-RS), apresentaram elevados níveis de concentração e especialização com tendência para desconcentração geográfica nos indicadores. Tendência à aglomeração e especialização de atividades petroquímicas em outras regiões (especialmente Alagoas, Manaus e Rio de Janeiro), formando sistemas locais de produção, por conta da produção da matéria-prima básica e de efeitos em cadeia originados pelas atividades econômicas específicas de cada região. Verificou-se também que houve um lento dinamismo da indústria petroquímica nacional, por conta da combinação dos efeitos estrutural e diferencial desfavoráveis, acarretando em desvantagem competitiva.

O objetivo principal da presente tese é realizar um estudo empírico acerca do efeito da incerteza sobre a forma de organização econômica da indústria petroquímica brasileira, que se caracteriza pela forte presença de integração vertical. Para tal, adotou-se como referencial teórico a Economia dos Custos de Transação (ECT). Inicialmente, foram desenvolvidos alguns conceitos e temas que seriam úteis à posterior construção de variáveis e ao próprio formato do exercício empírico. Desta forma, abordaram-se as principais visões da literatura para os conceitos de integração vertical e incerteza, assim como se apresentaram os principais pontos da ECT. O exercício empírico elaborado consistiu na realização de cross sections que visavam captar um retrato do desenho organizacional da indústria em tela em dois instantes: 1989 e 1999. O primeiro corresponde ao momento imediatamente anterior ao início de diversas transformações que iriam modificar o ambiente institucional no qual as empresas petroquímicas nacionais atuavam. Estes acontecimentos foram a abertura comercial do governo Collor, a privatização do setor e o Plano Real. O pressuposto assumido é que estas mudanças representaram um aumento permanente do grau de incerteza a que as empresas petroquímicas nacionais estavam sujeitas. A segunda cross section refere-se ao ano de 1999, dez anos após. As várias amostras constituídas foram compostas por transações envolvendo produtos petroquímicos. Dois grupos de transações foram construídos. O primeiro com transações entre petroquímicos de 1a geração e petroquímicos de 2a geração. O segundo com transações entre petroquímicos de forma geral, sem referência à posição exata na cadeia produtiva. O principal resultado obtido refere-se aos coeficientes estimados para variável representativa da incerteza. A despeito de todas as dificuldades relacionadas à mensuração deste conceito, a variável apresentou o comportamento previsto. Nas estatísticas descritivas, verificou-se um incremento da incerteza em 1999 relativamente a 1989. Nas regressões, os coeficientes estimados foram na maioria das vezes significantes e apresentaram o sinal esperado. Com relação aos demais resultados, observou-se que aqueles referentes a cross section de 1989 foram mais consistentes do que os da cross section de 1999, o que reforça o argumento de que o setor petroquímico nacional atravessa mudanças ainda não concluídas, razão pela qual não permitiram que um novo desenho de organização econômica fosse claramente estabelecido. / The main purpose of the present thesis is to perform an experimental study about the effect caused by uncertainty on the economic organization of the Brazilian petrochemical industry, which is characterized by a strong presence of vertical integration. For that, the Economy of Transaction Costs (ECT) was adopted as theoretical reference. Initially, some concepts and essays, that would be useful to the posterior variable construction and to the form of the experimental exercise, were developed. Thus, the main viewpoints in literature for the concepts of vertical integration and uncertainty, as the main topics of ECT presented, were discussed. The elaborated experimental exercise consisted in performing cross sections that aimed getting a picture of the organizational design of the industry in question in two different moments: 1989 and 1999. The first one corresponds to the moment immediately before the start of several changes that would alter the institutional environment in which the national petrochemical companies actuated. These happenings were the commercial opening of the Collor government, the privatization of this sector and the Real Plan. The assumed conjecture is that those changes represented a permanent increase of the uncertainty level to which the petrochemical industries were subject. The second cross section is related to 1999, ten years later. The several samples were composed by transactions involving petrochemical products. Two transaction groups were constituted. The first one comprises transactions between 1st and 2nd generation petrochemicals. The second one comprises transactions between general petrochemicals, with no reference to the exact position in the productive chain. The main result obtained refers to the estimated rate for the variable that represents uncertainty. In spite of all difficulties related to measuring this concept, the variable presented the foreseen behavior. In the descriptive statistics, it could be verified an increase of uncertainty in 1999 relatively to 1989. In the regressions, the estimated rates were most of the times significant and presented the expected sign. As for the further results, it was observed that those related to the cross section of 1989 were denser than those of the cross section of 1999, which reinforces the argument that the national petrochemical sector is going through changes not yet concluded, reason why a new design of economic organization has not been clearly established.

The aim of this thesis is to give suggestions on what measures to take to improve the VOC emission situation in refineries in Tianjin, China, through existing technologies in refineries in Sweden. This has been done by identifying the main places of leakage in oil refineries in Sweden, identifying what VOC compounds are emitted from the plants and the amounts emitted, mapping out different measures taken by oil refineries in Sweden to minimize VOC emissions, evaluating the different measures and suggesting how to move forward with VOC control in Tianjin. Six case studies have been done in Sweden; at Preemraff Lysekil, Shell refinery in Gothenburg, Berg depot Statoil Sweden situated in Nacka, Nynas refinery situated in Nynäshamn, Scandinavian Tank Storage situated in Torshamnen and Oxelösund harbor. Two case studies at Chinese refineries were made, PetroChina Dagang Petrohemical Company and China Petroleum and Chemical Corporation, Sinopec, Tianjin Branch, both situated in Tianjin Binhai New Area. Since the data retrieved from the Chinese refineries is insufficient to make a qualitative evaluation of the state of their VOC treatment it is not possible to propose measures for these two refineries. Instead this evaluation is focused on general problems and solutions at refineries and gives an idea of what can be done to improve the VOC emission situation at refineries. The report contains an evaluation of internal measures and technical solutions at Swedish refineries and other petrochemical companies. The evaluation is focused as much as possible on the Chinese situation. The technologies have been evaluated from an environmental, technical and economical point of view. This has resulted in recommendations for refineries that wish to enhance their VOC control. / Detta examensarbete har gjorts som en avslutande del i utbildningen Civilingenjör i Kemiteknik vid Kungliga Tekniska högskolan, Stockholm. Idén för arbetet introducerades av Östen Ekengren, IVL Svenska Miljöinstitutet, och har utförts vid IVL:s kontor i Stockholm. Den har handletts från Institutionen för Industriell Ekologi, KTH. Oljeraffinaderier släpper ut stora mängder VOC. På grund av den stora produktionsskalan och fabriksområdets omfattning är det svårt att veta hur mycket och vad som släpps ut. Lättflyktiga organiska ämnen (Volatile organic compounds, VOC) är organiska föreningar som har ett tillräckligt högt ångtrycker för att förångas under normala förhållanden. Stora mängder VOC läcker från oljeraffinaderier varje år. Tianjin är en industristad med stora investeringar. På grund av den stora industriella aktiviteten i området är VOC-problemen stora. En av de stora utsläppsbovarna är den petrokemiska industrin. Tianjin Academy of Environmental Science (TAES) har frågat efter Svensk teknik att minimera VOC-utsläpp från petrokemisk industri. Målet med detta examensarbete är att ge förslag på vilka åtgärder som kan tas för att förbättra VOC-utsläppssituationen i raffinaderier i Kina genom befintlig teknik på Svenska raffinaderier. Detta har gjorts genom följande steg: Identifiera de största utsläppsområdena på oljeraffinaderier i Sverige Identifiera vilka VOC-föreningar som emitteras från raffinaderierna samt i vilken mängd. Kartlägga olika åtgärder vid oljeraffinaderier i Sverige och i Tianjin, Kina för VOC-utsläpp. Utvärdera de olika åtgärderna och föreslå hur man kan gå vidare med VOC-kontroll i Kina. Sex fallstudier har genomförts i Sverige; Preemraff Lysekil, Shell raffinaderi i Göteborg, Bergs depot Statoil Sweden i Nacka, Nynas refinery i Nynäshamn, Scandinavian Tank Storage i Torshmnen och Oxelösunds hamn, Oxelösund. Två fallstudier har genomförts vid Kinesiska raffinaderier; PetroChina Dagang Petrochemical Comapany och China Petroleum and Chemical Corporation, Sinopec, Tianjin Branch, båda placerade i Tianjin Binhai New Area. Eftersom otillräcklig data från de Kinesiska raffinaderierna har gjort det svårt att göra en kvalitativ utvärdering av hur långt de kommit i VOC-arbetet har det inte varit möjligt att föreslå åtgärder för dessa två raffinaderier specifikt. Istället har utvärderingen fokuserats på generella problem och lösningar vid raffinaderier och att ge en ide om vad som kan göras för att förbättra VOC-utsläppssituationen vid raffinaderier. VOC från oljeraffinaderier med traditionell aktivitet består i huvudsak av alkaner, alkener och aromater där alkaner utgör den största delen. Alla dessa tre grupper förekommer naturligt i råolja. Vilka föreningar som förekommer i VOC-plymen från en fabriksanläggning beror på vilken råolja som används, hur processen ser ut och vilka produkter som produceras. Sammansättningen av VOC-plymen varierar därför från raffinaderi till raffinaderi. De största emissionskällorna vid raffinaderier som producerar i första hand bensin och diesel är tankparkerna, speciellt under fyllning. Tankparker som innehåller råolja utgör den största emissionspunkten vid dessa raffinaderier. Den näst största källan är processområdet. Detta medför att tankparker och processområde är de områden där störst fokus på minimering skall ligga för raffinaderier med samma typ av verksamhet. Produktionen vid Nynas Refinery kräver en annan råolja Här är det processen som utgör den största utsläppskällan tillsammans med vattenrening. Uppvärmda bitumencisterner utan rening utgör också en stor utsläppspunkt. Eftersom processområdet och tankparkerna har många potentiella läckpunkter är det primära sättet att minimera VOC-utsläpp tätning och underhåll på hela fabriksområdet. Införandet av rutiner för detta har visat sig mycket effektivt speciellt vid Shell raffinaderi. En annan idé skulle kunna vara att inkludera VOC-utsläppsmätning i on-line system för produktkvalitet. Detta skulle medföra ett inbyggt VOC-kontrollsysem. Detta har inte gjorts än men det kan vara värt att ta en närmare titt på. Kina har stort fokus på luktkontroll. Detta är bara en liten del av VOC-problemet. Metan utgör en stor del av utsläppen från råoljecisterner, vilka är vanliga luktbovar. För att eliminera lukt är adsorbtion med aktivt kol effektivt. Filtret fångar däremot inte kortare kolkedjor som metan och etan. För att eliminera dessa är förbränning den enda lösningen. Ingen luktsanerningsmetod som presenteras i denna rapport genererar någon vinst för företagen. Gasåterföringsanläggningar (VRU) har visats vara en gynnsam metod för att behandla emissioner vid tankning. En snabb överslagsräkning baserat på den återförda mängden bensin och diesel vid Preemraff Lysekil 2008 ger en vinst på 0,9 – 1,3 miljoner Euro/år. En stor andel VOC förbränns i fackla på raffinaderier. Denna gas skulle kunna användas som bränngas eller för energiåtervinning. Penningvärdet på energin i gasen som facklas är stor. Genom att installera en kompressor kan gas som skulle facklas användas som bränngas i raffinaderierna istället. Båda de studerade raffinaderierna i Kina angav fackling som den primära VOC-åtgärden. Man kan därmed anta att stora mängder gas facklas där. Detta visar att det finns mycket att tjäna på att hitta alternativa sätt att använda gasen. Flyktiga utsläpp är en stor del av VOC-källorna vid oljeraffinaderier. Utsläppunkterna beror på typ av råolja, process och produkter. Varje raffinaderi ar unikt och måste därför mäta sin a utsläpp. Vid mätning av ett helt fabriksområde med Solar Occulation Flux-metoden, som är en on-lineteknik som mäter VOC-utsläpp i from av alkaner, fås en bild av totala utsläppen från hela fabriken. Detta är till stor hjälp vid identifiering av problemområden och behandling av dessa. När VOC-behandling skall påbörjas vid ett raffinaderi rekommenderas följande: Mätning av VOC över hela raffinaderiområdetAnvända on-lineteknik, så som SOF Identifiera sammansättning av plymen genom kanisterprov etc. Läcksökning / Underhåll Om följande tekniska lösningar går att applicera vid raffinaderiet föreslås det att de prioriteras. Införa VRU-anläggning Energiåtervinning (minimerad fackling) Införa kommunicerande kärl För fortsatt arbete rekommenderas följande. Undersöka om det finns intresse och möjlighet att införa on-line VOC-konrollsystem eller on-line konstrollsystem för produktkvalitet. Är det tekniskt möjligt och ekonomiskt hållbart? För att kunna utvärdera miljöpåverkan av NMVOC från oljeraffinaderier har en studie av effekterna från emissionerna från Preemraff Lysekil och Shell Göteborg gjorts genom att använda karakteriseringsdata från databaserna CLM2001 och EDIP97. Detta resulterade i ett värde som ger hur många gånger fler de två raffinaderierna per ton satsad råolja bidrar till ozonformationspotentialen och globala uppvärmningspotentialen i förhållande till årspersonsekvivalenten (vad en normalperson bidrar med per år). Det visade sig att de bidrar med mycket mindre än årspersonsekvialenten per ton råolja, 0,03 gåner för Preemraff och 0,02 gånger för Shell. Men med antalet ton råolja som processas per år i åtanke så blir oljeraffinaderierna en stor källa till miljöpåverkan. Toxicitetsvärdena visade att Shell hade mycket större andel toxiska utsläpp än Preemraff. I förbränning, som fackling, så förbränns VOC till CO2. Detta medför att VOC har en sekundär GWP. Om hänsyn tas till detta kan man se att den totala GWP av VOC främst utgörs av den sekundära effekten genom fackling. Denna utvärdering visar att miljöpåverkan är olika för olika raffinaderier, även de med samma typ av verksamhet.

Thesis (PhD (Logistics))--University of Stellenbosch, 2006. / Conventional supply chain integration concepts focus primarily on the internal and external integration of individual supply chains (can be viewed as intra-supply chain integration). Due to the highly integrated nature of petrochemical value chains, related supply chains should also be integrated by taking account of enterprise/industry-wide synergies and interdependencies (can be viewed as inter-supply chain integration). Inter-supply chain integration can typically develop along three dimensions: - Upstream feed clusters (upstream in the chemical value chain) - Downstream product clusters (downstream in the chemical value chain) - Macro logistics network clusters (within and across related logistics networks for liquid bulk, dry bulk, packaged goods and gases) This dissertation presents a generic framework of applicable intra- and inter-supply chain planning processes that supports related long- (strategic), medium- (tactical) and short-term (operational) supply chain decisions for large-scale petrochemical companies. This type of companies has to manage relative complex supply chains. Highly complex supply chains (due to an extensive product portfolio, supplier base, customer base, manufacturing processes, transportation, and management processes and systems) require far more advanced planning processes than simple supply chains. Advanced supply chain planning processes cover an extended supply chain scope, deal with longer time horizons, and utilize more sophisticated analytical techniques and decision support systems. An extensive literature study, supplemented by empirical research in the South African petrochemical industry, provided the foundation for the advanced supply chain planning framework concluded in this dissertation. Semi-structured interviews and a questionnaire presented to an informed audience constitute the empirical research conducted. The related best practices, concepts, approaches followed, and level of advancement in three supply chain planning dimensions were derived. To guide petrochemical companies along the planning advancement journey, the roadmap developed can be utilized for the application and implementation of the advanced supply chain planning framework. This roadmap articulates the advancement stages, dimensions, characteristics, and triggers to advance. Typical characteristics associated with the advancement stages and dimensions provide the means for a company to assess their level of progression. The essential mechanisms that can enable interventions are also articulated.

Submitted by Johnny Rodrigues (johnnyrodrigues@ufcg.edu.br) on 2018-10-15T23:53:48Z No. of bitstreams: 1 ADNA DE ALCÂNTARA E SOUZA BANDEIRA - DISSERTAÇÃO PPGEQ 2010..pdf: 10337833 bytes, checksum: 8e5aa72a95f83ae8223a787549af0b73 (MD5) / Made available in DSpace on 2018-10-15T23:53:48Z (GMT). No. of bitstreams: 1 ADNA DE ALCÂNTARA E SOUZA BANDEIRA - DISSERTAÇÃO PPGEQ 2010..pdf: 10337833 bytes, checksum: 8e5aa72a95f83ae8223a787549af0b73 (MD5) Previous issue date: 2010-11-30 / A indústria petrolífera tem se desenvolvido muito rapidamente nos últimos anos devido aos avanços na descoberta e perfuração de poços cada vez mais profundos. Os resíduos dessas indústrias são classificados pela Associação Brasileira de Normas Técnicas ABNT (2004) como perigosos (Classe I). A Estabilização por Solidificação tem se mostrado uma tecnologia eficiente e bastante utilizada para atenuar e tratar resíduos perigosos além realizar o pré-tratamento dos resíduos antes da disposição em aterro industrial. O objetivo principal desse trabalho foi atenuar Hidrocarbonetos Totais de Petróleo e Óleos e Graxas presentes na borra oleosa de petróleo usando Estabilização por Solidificação. Este trabalho foi realizado no Laboratório de Gestão Ambiental e Tratamento de Resíduos que pertence à Unidade Acadêmica de Engenharia Química da Universidade Federal de Campina Grande. Foi dividido em quatro etapas. Na primeira etapa foi realizado o planejamento experimental. Foi utilizado o fatorial 22 com três pontos centrais. Os fatores adotados foram percentual de borra (10, 15 e 20%) e temperatura de cura (0, 20 e 40°C). Na segunda etapa foi feita a caracterização e classificação da borra de petróleo. Na terceira etapa foi realizada a avaliação dos materiais submetidos à estabilização por solidificação, utilizando uma mistura de cimento Portland simples e argila organofílica como aglomerantes, usando critérios de integridade/durabilidade e imobilização dos contaminantes. Na quarta etapa foi realizada a análise estatística e o balanço de massa do processo. Com esse trabalho, foi possível verificar que a capacidade de absorção de água nos corpos de prova influencia na sua resistência à compressão e, posteriormente, na lixiviação. O teor de óleos e graxas na borra de petróleo é um indicativo de contaminação. Com o tratamento, conseguiu-se uma redução de 86,7% no teor de óleos e graxas, mostrando que a Estabilização por Solidificação pode ser aplicada como pré-tratamento de resíduos perigosos antes de serem dispostos adequadamente em aterros sanitários industriais e/ou como forma de efetuar a atenuação dos contaminantes. Observou-se também que a temperatura não influenciou no processo e que apenas a percentagem de borra pode influenciar nos resultados de óleos e graxas. / The oil industry has developed very rapidly in recent years due to advances in the discovery and drilling wells deeper and deeper. Waste is classified by the Brazilian Association of Technical Standards (ABNT, 2004) as hazardous (Class I). The stabilization by solidification technology has proved an effective and widely used to alleviate and treat hazardous waste in addition carry out pre-treat waste before disposal in landfill. The main objective of this study was to soften Total Petroleum Hydrocarbons and oils/greases present in oily sludge using oil stabilization by solidification. This work was performed at the Laboratory of Environmental Management and Waste belonging to the Academic Department of Chemical Engineering, Federal University of Campina Grande. It was divided into four stages. In the first stage we carried out the experimental design. We used the 2 factorial with three central points. The factors used were the percentage of sludge (10, 15 and 20%) and curing temperature (0, 20 and 40 0 C). The second step was the characterization and classification of oil sludge. The third step was performed to evaluate the materials submitted to the stabilization by solidification using a simple mixture of Portland cement and organoclay as binders, using criteria of integrity/durability and immobilization of contaminants. The fourth stage was performed statistical analysis and mass balance of the process. With this work, we observed that the capacity of water absorption in the specimens influences the compressive strength and the later leaching. The content of oils and greases in the oil sludge is an indicator of contamination. With treatment, achieved a reduction of 86.7% in the concentration of oils and greases, showing that the stabilization by solidification can be applied as a pretreatment of hazardous waste before being appropriately disposed of in landfills and industrial and/or as how to make the attenuation of contaminants. We also observed that the temperature did not influence the process and that only the percentage of sludge can influence the results of oils and greases.

近年來，隨著能源價格不斷飆漲以及溫室氣體大量排放造成的氣候異常變化，引起世界各國對於提高能源使用效率與加強溫室氣體排放管制的重視。溫室氣體大多由化石燃料燃燒所產生。因此，一般被視為能耗較高的發電、鋼鐵、水泥以及石化等產業，遂成為眾所矚目而被要求加強溫室氣體排放管制的主要產業。未來的產業發展規劃，必需兼顧經濟與環保，否則必將被世界潮流所淹沒。 因應全球溫室氣體排放管制趨勢，就台灣經濟發展面、財政建設面、環境永續經營面等層面考量分析，現階段石化產業之發展應對產業競爭力及環境保護做更多且更審慎的考量。於產業競爭力部分，建議中油開放民營，並運用部份釋股取得的資金，一方面引進先進的製程技術及進行設備更新，提升企業競爭力；另一方面整合國內仰賴台灣中油公司供料且在各產品領域擁有數十年營運經驗的中下游業者，建構泛中油體系的石化經營團隊。如此泛中油體系與國內另一石化產品鏈已相當完整的台塑體系，形成兩大石化體系，互為良性競爭。於環境保護方面，則建議我國應終止國光石化投資案，降低溫室氣體排放量，並藉提升廠商製程效率減少能耗，如此將使經濟發展及環境保護得以兼顧，亦達成原興建國光計畫之目的。 而未來台灣石化產業發展策略，技術發展需長期向下扎根，產品則朝高值化、精緻化發展，開發低能耗、低污染之替代能源，提升產品的附加價值，並將大宗石化耗能的產品移往海外能源低廉的地區，持續提升產業競爭力，並達成溫室氣體減少排放為目標。如是，台灣在環境保護日益重視之趨勢下，石化產業也得以永續發展。 / The high energy cost and the unusual climate change due to increasing green house gases（GHG）emission in recent years have attracted the global attentions and called for improvement of energy utilization efficiency and enhancement of GHG emission control. GHG are mostly produced by the combustion of fossil fuels. And the higher energy consumption industries such as power generation, steel, cement and petrochemical industries are thus strongly requested to reduce GHG emission. Economic development and environmental protection both are needed to be equally evaluated in the planning of future industry development. Taking petrochemical industry as an example, many of its mid-stream and down-stream products have become an unseparable part and of our daily life. In Taiwan, it has been over half century since the establishment of petrochemical industry, and now become top 10 petrochemical production countries in the world. The production value of petrochemical-related industries are very close to 4 trillion NT dollars, about 30% of total production value of domestic manufacturing sectors. Petrochemical industry and electronic industry are the two strong arms in supporting national economic growth. As a very important industry in Taiwan, however, the intensity of its GHG emission is only next to steel industry. The significant technology improvement in petrochemical industry has been achieved since the installation of the existing refinery, naphtha crackers and many petrochemical mid-stream production plants in Taiwan. It is well recognized that the GHG emission will be greatly reduced if the advanced technologies are introduced and the old facilities are revamped. Therefore, the writer would like to address a different approach toward KuoKuang Petrochemical Project which the government is giving an impetus to its execution. Here the writer would propose Taiwan CPC company, the state-owned petroleum company and the leader of Kuokuang Petrochemical Project, to become privatized after asset re-evaluation and collect some government capital from privatization through issuance of part of its shares to the open market. The capital thus collected can be used for enterprise reform. The important items of the enterprise reform include but not limited to introduction of the advanced technologies, revamping of existing facilities and establishment of a new well-integrated petrochemical conglomerate through mutual investment between Taiwan CPC and the mid-stream companies that rely raw material supplies from Taiwan CPC. From viewpoints of both economy and environment, government policy of implementation of KuoKuang Petrochemical Project is worthy for reconsideration. Formation of a CPC-lead petrochemical conglomerate would also benefit the current petrochemical companies that rely on raw material supplies from Taiwan CPC as their operation efficiencies would improved from business intergration. The newly formed conglomerate would be more powerful in further business development and more competitive in world market. They would have more resources to explore their potential in advanced technology development, in new business fields such as biomass energy, solar energy and so on. The CPC-lead petrochemical conglomerate would be able to enchance its competitiveness to another domestic petrochemical giant, Taiwan Formosa Group, and other petrochemical giants in the global market.