Taiwan’s MOEA’s plans to ensure sustainable development of Taiwan’s petrochemical industry

26-Apr-11

After the Kuokang Petrochemical complex faces near-abandonment in Taiwan, the Ministry of Economic Affairs (MOEA) plans to take steps to ensure sustainable development of the country’s petrochemical industry. The Ministry has been urged to find alternative sites for the Kuokuang petrochemical complex originally to be constructed on reclaimed land in Changhua, due to controversy over the project’s environmental impact. Priority will be given to helping local firms cut carbon emissions, upgrade their manufacturing facilities, adopt the most advanced technology and pursue higher value products through R&D efforts.