Formosa Plastics Corp
Formosa Plastics Waste Data Preview
In 2023, Formosa Plastics conducted an environmental assessment and disclosed corporate waste management data in accordance with recognized sustainability reporting standards. The company provided a breakdown of its waste by type (hazardous vs non-hazardous) and treatment method (recovery vs disposal), enabling greater transparency into its waste handling and environmental practices.
| Metric (tonnes) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Waste Generated | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Waste Recovered | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Hazardous Waste Generated | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data. | 0000000 |
Non-Hazardous Waste Disposed | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data. | 0000000 |
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Insights into Formosa Plastics's Waste Treatment Practices
In 2023, Formosa Plastics generated a total of 216,944 metric tonnes of waste.
Of this amount, 89.11% of Formosa Plastics's total waste generated was recovered through methods such as recycling, reuse, or composting, while 10.89% was disposed of through landfilling, incineration, or combustion.
Formosa Plastics's Waste Recovery Rate
How much of Formosa Plastics's waste is recycled or recovered?
In 2023, Formosa Plastics reported a total waste generation of 216,944 metric tonnes, of which 89.11% was recovered through recycling, reuse, or composting. This high recovery rate suggests that Formosa Plastics has implemented strong circular economy practices and actively prioritizes sustainable waste management.
Has Formosa Plastics reduced its environmental waste footprint over time?
Since 2021, Formosa Plastics's total waste generation decreased by 9.02%, yet rose by 8.32% in 2023, potentially indicating a temporary operational shift or inconsistency in waste management outcomes.
Formosa Plastics’s Waste Recovery vs. Disposal Over Time
- Total Waste Disposed
- Total Waste Recovered
Insights into Formosa Plastics’s Generation of Hazardous and Non-Hazardous Waste
In 2023, Formosa Plastics generated a total of 216,944 metric tonnes of waste.
Of this amount, 1.38% of Formosa Plastics's total waste generated of was classified as hazardous waste, characterized by properties such as toxicity, flammability, corrosiveness, or reactivity that may pose risks to human health, ecosystems, or the environment. 98.62% was identified as non-hazardous waste, generally considered less harmful and subject to lighter regulatory controls.
Formosa Plastics’s Hazardous vs Non-Hazardous Waste Over Time
- Total Non-Hazardous Waste Generated
- Total Hazardous Waste Generated
How Formosa Plastics reduced the environmental impact of its waste?
Since 2021, Formosa Plastics's total waste generation fell by 9.02%, but rose by 8.32% in 2023 , potentially reflecting a temporary surge in activity or inconsistency in waste control strategies.
Overall, Formosa Plastics's waste and hazardousness trends are mixed or inconclusive. A more detailed review of its materials, industry standards, and operational changes would help clarify the net environmental impact of its waste strategy.