Taiwan's Formosa wins appeal on plant conditions

December 7, 2012
Smoke billows out of chimneys at a factory in Tungshan, a township in Taiwan, in 2009. Taiwan's leading conglomerate Formosa Plastics said Friday it won an appeal against strict environmental conditions the government imposed on the building of a $180 million petrochemical plant.

Taiwan's leading conglomerate Formosa Plastics said Friday it won an appeal against strict environmental conditions the government imposed on the building of a $180 million petrochemical plant.

Formosa turned to the cabinet appeals committee this year after the Environmental Protection Administration put in place the rules over certain types of emissions at the plant in Yunlin county, western Taiwan.

The project, part of an expansion of a vast petrochemical manufacturing complex run by the group, is a joint venture with US-based Kraton Performance Polymers to produce high-end rubber goods, it said.

Formosa Petrochemical chairman Chen Bao-lang told reporters that the company hopes to begin construction on the new plant next year with operations set for 2014.

Formosa Plastics is one of Taiwan's largest industrial conglomerates with investments in plastics, petrochemicals, semiconductors and bio-.

Taiwan has toughened reviews on petrochemical investment following calls from environmentalists that the island, long plagued by , can no longer afford such large energy-guzzling endeavours.

Last year, the government slammed the brakes on a controversial $20 billion project by Kuokuang Technology to build a refinery and 20 related plants because of environmental concerns.

Explore further: Taiwan's TSMC to invest over $9 billion in plant

Related Stories

Taiwan's TSMC to invest over $9 billion in plant

July 16, 2010

Taiwan Semiconductor Manufacturing Co., the world's largest contract microchip maker, said Friday it would invest more than nine billion US dollars building a new plant on the island.

Taiwan Cement plans large solar power plant

October 11, 2010

Taiwan largest cement maker plans to build a large solar power plant, the company and local media said Monday, confirming a trend for the island's companies to focus increasingly on green technologies.

US tech giant Qualcomm to build new Taiwan plant

January 4, 2011

US technology giant Qualcomm plans to spend one billion US dollars to build a plant in Taiwan to produce new, energy-efficient displays used in tablet devices and e-books, an official said Tuesday.

Taiwan agrees AUO $800 mn China investment

June 22, 2011

Taiwan on Wednesday gave the green light for a project by leading flat-panel maker AU Optronics to spend nearly $800 million on a stake in a Chinese firm, officials said.

Taiwan's Hon Hai delays opening plant in Indonesia

December 6, 2012

Taiwanese technology giant Hon Hai Precision has postponed construction of a mobile phone factory in Indonesia which was to have begun by the end of this year, a report said Thursday.

Recommended for you

Smart home heating and cooling

August 28, 2015

Smart temperature-control devices—such as thermostats that learn and adjust to pre-programmed temperatures—are poised to increase comfort and save energy in homes.

Smallest 3-D camera offers brain surgery innovation

August 28, 2015

To operate on the brain, doctors need to see fine details on a small scale. A tiny camera that could produce 3-D images from inside the brain would help surgeons see more intricacies of the tissue they are handling and lead ...

Team creates functional ultrathin solar cells

August 27, 2015

(Phys.org)—A team of researchers with Johannes Kepler University Linz in Austria has developed an ultrathin solar cell for use in lightweight and flexible applications. In their paper published in the journal Nature Materials, ...

0 comments

Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.