The Ministry of Economic Affairs (MOEA) is looking to devise a program that would focus on recycling industrial waste from three companies that produce most of the non-recycled industrial waste in the nation, the Industrial Development Bureau said on Sunday.
At the suggestion of Minister Without Portfolio Chang Ching-sen (張景森), the bureau said it has been instructed to draft a program by the end of the year to recycle industrial waste, such as gypsum from Formosa Plastics Group (台塑集團), slag from China Steel Corp (中鋼) and paper from Chung Hwa Pulp Corp (中華紙漿).
The waste products can be recycled and used to create by-products, but are categorized as waste due to laws and regulations in Taiwan, the bureau said.
Specialists employed on the program are to study the laws and regulations and come up with a standard operational procedure to pave the way for more in-depth research starting next year, as they seek to develop solutions to the problem.
General waste generation in Taiwan amounted to 31.92 million tonnes in 2018, including 19.61 million tonnes of industrial waste, Chang said.
Of the total industrial waste, 16.01 tonnes, or 81.6 percent, was recycled, while the remaining 18 percent was largely from the three firms, he said.
With this in mind, Chang suggested at a circular economy forum last week that the ministry develop a short to medium-term program to recycle waste products generated by the three companies.
He also suggested that the ministry set up a data bank for all industrial materials and waste products, including those in solid, liquid and gas states, and establish a verification mechanism and transaction platform for recycled resources.
Manufacturers should consider the reduction of raw materials and recycling when designing products and make them an integral part of the production process, Chang said, adding that solar panel and electronics producers need to create products that can be fully recycled.
DAMAGE REPORT: Global central banks are assessing war-driven inflation risks as the law of unintended consequences careens around the world, spiking oil prices Central banks from Washington to London and from Jakarta to Taipei are about to make their first assessments of economic damage after more than two weeks of conflict between the US and Iran. Decisions this week encompassing every member of the G7 and eight of the world’s 10 most-traded currency jurisdictions are likely to confirm to investors that the specter of a new inflation shock is already worrying enough to prompt heightened caution. The US Federal Reserve is widely expected to do exactly what everyone anticipated weeks ahead of its March 17-18 policy gathering: hold rates steady. The narrative surrounding that
PRICE HIKES: The war in the Middle East would not significantly disrupt supply in the short term, but semiconductor companies are facing price surges for materials Taiwan’s semiconductor companies are not facing imminent supply disruptions of essential chemicals or raw materials due to the war in the Middle East, but surges in material costs loom large, industry association SEMI Taiwan said yesterday. The association’s comments came amid growing concerns that supplies of helium and other key raw materials used in semiconductor production could become a choke point after Qatar shut down its liquefied natural gas (LNG) production and helium output earlier this month due to the conflict. Qatar is the second-largest LNG supplier in the world and accounts for about 33 percent of global helium output. Helium is
About 1,000 participants, including more than 200 venture capitalists, joined the Taiwan Demo Day in Silicon Valley on Saturday, the largest iteration to date of the event held ahead of Nvidia Corp’s annual GPU Technology Conference which runs from today to Thursday. Taiwan Demo Day, co-organized by the Taiwan Next Foundation and the Startup Island Taiwan Silicon Valley Hub, took place at the Computer History Museum in California, showcasing 12 teams focused on physical artificial intelligence (AI) and agentic AI technologies. Katie Hsieh (謝凱婷), founder of the Taiwan Next Foundation, said the event highlighted the strength of the Taiwan-US start-up ecosystem, with
DOMESTIC COMPONENT: Huang identified several Taiwanese partners to be a key part of Nvidia’s Vera Rubin supply chain, including Asustek, Hon Hai and Wistron Nvidia Corp chief executive officer Jensen Huang (黃仁勳), addressing crowds at the company’s biggest annual event, unveiled a variety of new products while predicting that its flagship artificial intelligence (AI) processors would help generate US$1 trillion in sales through next year. During a two-and-a-half-hour keynote address, Huang announced plans to push deeper into central processing units (CPUs) — Intel Corp’s home turf — and introduced semiconductors made with technology acquired from start-up Groq Inc. The company even said it was developing chips for data centers in outer space. At the heart of Huang’s speech was the message that demand for computing power
RSS