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Formosa Plastics Corp

Common Name
Formosa Plastics
Country
Taiwan
Sector
Basic Materials
Industry
Specialty Chemicals
Employees
N/A
Ticker
1301
Exchange
TAIWAN STOCK EXCHANGE
Description
Formosa Plastics Corp. is a leading petrochemical company that specializes in the production of plastic products and intermediate petrochemical goods. The company is headquartered in Taiwan and serves...

Formosa Plastics's 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)2023202220212020 - 2017
Total Waste Generated
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Total Waste Recovered
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Total Hazardous Waste Generated
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Non-Hazardous Waste Disposed
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Limited Data Preview
You are viewing a limited preview of Formosa Plastics’s Waste Management dataset. The full dataset, available for download, includes total waste generated, broken down by hazardous and non-hazardous streams, along with reported recovery and disposal figures with historical coverage back to 2021.
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Verified Sources Behind Formosa Plastics’s Waste Management Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Formosa Plastics’s data sources below and access millions more through our Disclosure Search.

a. Formosa Plastics's Sustainability Report 2023

Insights into Formosa Plastics's Waste Treatment Practices

In 2023, Formosa Plastics generated a total of 216,944metric tonnes of waste.a

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.a

Formosa Plastics's Waste Recovery Rate

89%

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.a

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.a

a

Formosa Plastics’s Waste Recovery vs. Disposal Over Time

2023055 k110 k165 k220 ktonnes
  • 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.a

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.a

Formosa Plastics’s Hazardous vs Non-Hazardous Waste Over Time

2023055 k110 k165 k220 ktonnes
  • 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.a

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.a

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