CPC: Sustainable Aviation Fuel Plant to Trial in June, Estimated Production of 700 Kiloliters This Year
CPC Corporation Taiwan is set to begin trial operations of its Sustainable Aviation Fuel (SAF) production plant in June, with an estimated output of 700 kiloliters this year. This initiative responds to decarbonization efforts and increasing SAF demand in the aviation industry, utilizing domestic waste cooking oil as raw material with a stable supply chain. The company aims to gradually increase SAF purity and production capacity, targeting a maximum of 12,000 kiloliters in the future.
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- 📰 Published: May 11, 2026 at 14:19
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AI Net-Zero Special Report (Total 300 articles)
Central Message
Digital transformation is an ongoing process for industries, with artificial intelligence and net-zero carbon emissions being the two major challenges faced by governments and enterprises, impacting Taiwan's future competitiveness. Central News Agency's frontline reporting team delves into how the government and various industries utilize AI to optimize production processes and drive green innovation, witnessing Taiwan's industry ascend once again.
(Central News Agency reporter Tseng Yun-ting, Hsieh I-hsuan, Taipei, 11th) Amid public attention on CPC Corporation Taiwan's progress in promoting Sustainable Aviation Fuel (SAF), CPC Chairman Fang Jen-jen stated today that CPC has built a new SAF production line at its Taoyuan refinery, which will begin trial operations in June. It is estimated that 700 kiloliters of 100% pure NET SAF can be produced this year, with future plans to gradually increase purity and reach a maximum annual output of 12,000 kiloliters.
Today, the Legislative Yuan's Economic Committee reviewed the operating budget for affiliated units of the central government's general budget for fiscal year 115, including the budgets for CPC Corporation Taiwan and Taiwan Water Corporation under the Ministry of Economic Affairs. During questioning, KMT legislators Hsieh Yi-feng and Cheng Cheng-chien expressed concern about CPC's progress in promoting SAF and the stability of its supply chain.
Hsieh Yi-feng pointed out that future SAF demand will grow rapidly and questioned the stability of domestic waste cooking oil as a raw material source. Fang Jen-jen replied that there are currently two domestic operators specializing in collecting waste cooking oil, which is refined and supplied to CPC's refinery as raw material. He stated, "The supply chain is not an issue" and is sufficient to meet domestic self-sufficiency.
Cheng Cheng-chien mentioned that the Ministry of Transportation has set a target of 5% SAF usage by 2030, and China Airlines and EVA Air also stated last year that they would procure SAF produced by Formosa Plastics within the next 3 to 5 years. He inquired about CPC's strategic deployment.
In response, Fang Jen-jen said that the SAF production line at the Taoyuan refinery will undergo trial operations in June, and an estimated 700 kiloliters of NET SAF can be produced this year. Production capacity and purity will be gradually increased, with a maximum future output of 12,000 kiloliters. He added, "Aviation industry and other supply recipients should be adequately supplied."
In addition, legislators also raised concerns about CPC's financial situation. Hsieh Yi-feng noted that CPC's average oil procurement cost is currently about US$85 per barrel, 11% higher than CPC's previous estimate. CPC's debt ratio has reached 93%. She asked about CPC's financial situation at year-end and whether it might fall below the net asset warning line.
Fang Jen-jen responded that it is difficult to predict the year-end financial situation, as international oil prices continue to fluctuate at the raw material end, and CPC needs to cooperate with the government's price stabilization policy at the sales end. Therefore, CPC reviews and adjusts its measures weekly and monthly. Regarding falling below net asset value, he emphasized, "It absolutely cannot and will not happen."
CPC President Chang Min stated that CPC has submitted a four-year plan to the Ministry of Economic Affairs to increase capital by NT$350 billion. To prevent the debt ratio from continuing to rise, coordination has been made through the Executive Yuan for eight major public banks to provide financing to ensure CPC has sufficient funds to purchase oil and gas.
Chang Min pointed out that CPC controls its debt ratio through project financing, but to avoid falling below the net asset warning line, it still relies on government capital injection. He hopes the government will continue to support CPC in absorbing international oil and gas price fluctuations. (Editor: Yang Kai-hsiang) 1150511
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Central Message
Digital transformation is an ongoing process for industries, with artificial intelligence and net-zero carbon emissions being the two major challenges faced by governments and enterprises, impacting Taiwan's future competitiveness. Central News Agency's frontline reporting team delves into how the government and various industries utilize AI to optimize production processes and drive green innovation, witnessing Taiwan's industry ascend once again.
(Central News Agency reporter Tseng Yun-ting, Hsieh I-hsuan, Taipei, 11th) Amid public attention on CPC Corporation Taiwan's progress in promoting Sustainable Aviation Fuel (SAF), CPC Chairman Fang Jen-jen stated today that CPC has built a new SAF production line at its Taoyuan refinery, which will begin trial operations in June. It is estimated that 700 kiloliters of 100% pure NET SAF can be produced this year, with future plans to gradually increase purity and reach a maximum annual output of 12,000 kiloliters.
Today, the Legislative Yuan's Economic Committee reviewed the operating budget for affiliated units of the central government's general budget for fiscal year 115, including the budgets for CPC Corporation Taiwan and Taiwan Water Corporation under the Ministry of Economic Affairs. During questioning, KMT legislators Hsieh Yi-feng and Cheng Cheng-chien expressed concern about CPC's progress in promoting SAF and the stability of its supply chain.
Hsieh Yi-feng pointed out that future SAF demand will grow rapidly and questioned the stability of domestic waste cooking oil as a raw material source. Fang Jen-jen replied that there are currently two domestic operators specializing in collecting waste cooking oil, which is refined and supplied to CPC's refinery as raw material. He stated, "The supply chain is not an issue" and is sufficient to meet domestic self-sufficiency.
Cheng Cheng-chien mentioned that the Ministry of Transportation has set a target of 5% SAF usage by 2030, and China Airlines and EVA Air also stated last year that they would procure SAF produced by Formosa Plastics within the next 3 to 5 years. He inquired about CPC's strategic deployment.
In response, Fang Jen-jen said that the SAF production line at the Taoyuan refinery will undergo trial operations in June, and an estimated 700 kiloliters of NET SAF can be produced this year. Production capacity and purity will be gradually increased, with a maximum future output of 12,000 kiloliters. He added, "Aviation industry and other supply recipients should be adequately supplied."
In addition, legislators also raised concerns about CPC's financial situation. Hsieh Yi-feng noted that CPC's average oil procurement cost is currently about US$85 per barrel, 11% higher than CPC's previous estimate. CPC's debt ratio has reached 93%. She asked about CPC's financial situation at year-end and whether it might fall below the net asset warning line.
Fang Jen-jen responded that it is difficult to predict the year-end financial situation, as international oil prices continue to fluctuate at the raw material end, and CPC needs to cooperate with the government's price stabilization policy at the sales end. Therefore, CPC reviews and adjusts its measures weekly and monthly. Regarding falling below net asset value, he emphasized, "It absolutely cannot and will not happen."
CPC President Chang Min stated that CPC has submitted a four-year plan to the Ministry of Economic Affairs to increase capital by NT$350 billion. To prevent the debt ratio from continuing to rise, coordination has been made through the Executive Yuan for eight major public banks to provide financing to ensure CPC has sufficient funds to purchase oil and gas.
Chang Min pointed out that CPC controls its debt ratio through project financing, but to avoid falling below the net asset warning line, it still relies on government capital injection. He hopes the government will continue to support CPC in absorbing international oil and gas price fluctuations. (Editor: Yang Kai-hsiang) 1150511
Choose to stand with the facts, every sponsorship of yours is a force to protect press freedom.
Download the Central News Agency "First-hand News" APP to stay updated with the latest news.
Unauthorized reproduction, broadcast, transmission, or utilization of the text, images, and videos on this website is prohibited.