CPC eyes NT$1.5 trillion in sales revenue

Taiwan state-run oil and gas developer CPC Corp. aims to double its sales revenue by 2015 partly by increasing gasoline and diesel fuel production, sources reported, citing Chairman Chu Shao-hua. The refiner has targeted annual revenues of ย NT$1.5 trillion (US$46.7 billion) by 2015, from NT$735 billion (US$22.9 billion) last year. Currently, CPC operates three refineries with a combined daily processing capacity of 720,000 barrels. (August 18, 2010)