At the beginning of this year, former U.S. President Donald Trump announced a “reciprocal tariff” policy that sent shockwaves across the globe. As the United States’ sixth-largest trade deficit partner, Taiwan inevitably became one of the first affected countries. Facing an initial proposed tariff of up to 32%, the Taiwanese government actively engaged in negotiations with Washington and eventually succeeded in lowering the rate to 20% by early August — a reduction of 12 percentage points. ...more

Taiwan will implement a carbon fee program starting January 1, 2025, charging up to NT$300 (US$9.31) per metric ton of carbon emissions for the biggest carbon emitters. ...more

On February 4th of this year, the Environmental Protection Administration (EPA) announced a plan to reduce environmental burdens by amending the "Restrictions and Implementation of the Use of Disposable Tableware" regulations. The proposed amendment prohibits the use of "Polylactic acid (PLA)" as the material for disposable tableware for 8 specific categories of establishments. The new regulation is expected to take effect on August 1st of this year. ...more

The latest British research shows that recycled plastic can be made into vanilla extract, which can upgrade plastic bottle waste and turn it into a profitable industrial raw material. ...more

Formosa Plastics held a shareholder meeting yesterday. Lin Jiannan, Chairman of Formosa Plastics, announced that in order to respond to the international plastic reduction trend and protect the earth ...more

Last year, the outbreak of the new coronavirus drastically changed lifestyles, people's traffic, etc., and the world economy faced a crisis that surpassed the Lehman shock. ...more

Did you know there was an annual National Drinking Straw Day? It falls on Jan. 3, 2021, the date in 1888 when Marvin C. Stone received a patent for the paper drinking straw, or so the story goes. ...more

The increase in shipping costs is not news, but how exaggerated is the increase? ...more

Leading companies in the industry invited CEOs to exchange discussions on the topic of post-epidemic rebirth. It will also let more people know about plastic companies and How the industry creates value and expands into new situations. ...more