“[The United States acting] alone cannot reach the essential goal of limiting global warming to 1.5°C. We have to work together.” – AIT Director Sandra Oudkirk in April 22 remarks at the American Innovation Center. Notable in our era of profound polarization, partnership was the refrain across Taiwan and the globe on Earth Day 2022….
By Wu Ching-fang, Commonwealth Magazine The Formosa Plastics Group, the world’s 10th-largest petrochemical company, has announced its intention of becoming carbon neutral by 2050. Considering that the conglomerate generates more than 50 million metric tons of carbon emissions a year, how does it intend to reach that goal? The Formosa Plastics Group is one of…
A weekly snapshot of Taiwan business news stories brought to you by CommonWealth and AmCham Taiwan’s TOPICS Entegris Doubles Investment in New Kaohsiung Plant American semiconductor materials company Entegris last week announced plans to double investment in its new Kaohsiung plant. The investment will total around US$500 million over the next three years. Sales of…
Data indicates that Taiwanese shoppers favor products and brands that foster environmental protection and sustainability, while the government has aggressively promoted green procurement in both the public and private sectors. To meet the growing demand and catch up with international trends, local manufacturers are increasingly “greening” their production processes. It should come as no surprise…
A weekly snapshot of Taiwan business news stories brought to you by CommonWealth and AmCham Taiwan’s TOPICS CPC, Qatar Petroleum Sign LNG Deal On July 7, Taiwan’s state-owned petroleum company CPC and Qatar Petroleum signed a Sales and Purchase Agreement for Liquefied Natural Gas (LNG). Under the agreement, the CPC will purchase 1.25 million tons…
With over three decades of experience in the chemicals industry across markets in the West and Asia-Pacific, Kraton Formosa Polymers Corp. President Mike Wong knows how to run a successful business in a sometimes controversial sector. From negotiating and overseeing the successful formation of a joint venture, to ensuring the health, safety, and environmental standards…
What used to be known as the “Petrochemical Kingdom” is now leading the fight against the production and use of plastics, or coming up with clever alternatives There was a time not so long ago when simply having a shower would typically release hundreds of thousands of plastic microbeads down the drain. Eventually they would…
When AmCham Taipei committees met with government regulators on February 26 in the third quarterly meeting convened by the National Development Council (NDC) to discuss unresolved issues from the Chamber’s Taiwan White Paper, one additional item was included in the agenda. Although the issue arose following publication of the 2017 White Paper, it was considered…
Taiwan’s government has ambitious goals for dramatically reducing its greenhouse gas (GHG) emissions in line with global standards. Although Taiwan is not a member of the United Nations Framework Convention on Climate Change (UNFCCC) and did not sign the Paris Accord, Taiwan has nevertheless developed its own plan to dramatically reduce its carbon footprint in…
Green civic organizations are making next January’s legislative elections their next battlefield. Taiwan’s environmental movement is entering a new phase of more direct political activism. On September 21, the Green Party-Social Democratic Party (SDP) Alliance announced that it would field six candidates in next January’s legislative elections, including Green Party Taiwan co-convener Lee Ken-cheng. The…
