The impact review of the urban Kaohsiung underground pipeline on OUCC
1. Date of the report: 2014/08/02
2. Company name: Oriental Union Chemical Corp.
3. Relationship to the Company (please enter "head office" or"subsidiaries"):head office
4. Reciprocal shareholding ratio: NA
5. Name of the reporting media: Economic Daily News
6. Content of the report: With the command of Kaohsiung City Government on the 1stSeptember, all the four urban underground pipelinesof CGTD and CPC for the delivery of ethylene and propylenewere shut down, which may cause the cease and decrease in production of theirs users, such as LCY, CPDC, USIC, APC, TVCM, OUCC and GPPC, due to the shortage in feedstocksupply.
7. Cause of occurrence: NA
8. Countermeasures: The source of OUCC’s feedstock comes from CPC’s cracker in the proximity of Linyuan petrochemical industry zone thru CPC’s pipeline system, which remains intact from theaccident.
9. Any other matters that need to be specified: None