Deepwater Wharf, a Collaboration between FEPV and Port Container Terminal to Reduce Shipping Costs
The chemical port terminal adjacent to FEPV is too shallow, therefore inadequate to accommodate larger chemical tankers for MEG and resulting in higher shipping costs. Since 2015, internal teams have been scouting adjacent areas for a suitable wharf location. After persuading local port container companies, a collaboration began in 2018 for the construction of a deepwater wharf.
MEG is the raw material for FEPV’s food-grade PET resin. The slightest contamination would impact product quality. To avoid contamination during shipping after it arrives at the port, FEPV also leased 2 carbon steel tanks and built 16 tank trucks, keeping MEG free from contamination during shipping and maintaining adequate stockpile all year round.
The new wharf was completed in April 2020, and the first container ship arrived in June. Comparing to the existing shallow water wharf, the new wharf accommodates chemical tankers that are 3 times in size. The MEG shipment was verified by SGS Vietnam. With higher than 99.97% in purity, the quality is guaranteed. The new wharf translates into an annual saving of over NT$100 million in raw material procurement, planning and shipping while reducing GHG emissions during the shipping process.