Formosa Petrochemical : Announcement for the NTD 3 million penalty imposed by Tainan Environmental Protection Bureau in accordance with Article 52 of the Waste Disposal Act.
12/07/2021 | 04:52am EDT
Provided by: Formosa Petrochemical Corp
Date of announcement
Time of announcement
Announcement for the NTD 3 million penalty
imposed by Tainan Environmental Protection Bureau
in accordance with Article 52 of the Waste Disposal Act.
Date of events
To which item it meets
1.Date of occurrence of the event:2021/12/07
2.Cause of occurrence:
Tainan EPB determined that the bottom ash generated from Circulating
Fluidized Bed Boilers (CFB) which used in Madou Guan Hui and Zuojhen Hong
Sheng sand and gravel storage fields were ��Waste�� after the inspection on
24 January 2013 (While the object were legitimately registered as ��Products��
by Yunlin County Government); Tainan EPB again imposed the company in the
amount of NTD 3 million for the reason that there is no improvement within
a limited time period, and ask the company to improve within a limited time
The Company will file the administrative remedy and pay the fine within the
legal time period in advance.
4.Anticipated possible loss or impact:NTD 3 million.
5.Amount of insurance claims that might be obtained:None.
6.Improvement status and future countermeasures:
The Company will file the administrative remedy to protect the Company's
7.Any other matters that need to be specified:None.
Formosa Petrochemical Corporation published this content on 07 December 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 07 December 2021 09:51:08 UTC.