Industrial Development Administration, Ministry of Economic Affairs

Low-carbon transformation and promotion project for the petrochemical industry.

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Low-carbon transformation and promotion project for the petrochemical industry.

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Low-carbon transformation and promotion project for the petrochemical industry.

Based on the principle of low-carbon sustainable development, we link upstream to downstream related industries in this project to develop low-carbon new material products with high value to raise our international competition capability and build up the full development of the industry circular economy. In this way, we hope to achieve the next generation of industry growth and sustainable development. Besides, this project also focuses on improving production efficiency and reducing the high cost of catalysts in the current process to assist domestic petrochemical industry manufacturers in building up a complete circular supply chain.

Through investigation and analysis of domestic petrochemical industry measures when facing the net-zero carbon emission challenge, we counsel upstream manufacturers to develop a low-carbon emission synthesis technique to bring up mid- and downstream new product development and field applications. Conducting a small-scale demonstration of carbon reduction converting to profit could enhance petrochemical manufacturers’ confidence in introducing new carbon reduction techniques, pushing the entire petrochemical-related industry to dedicate itself to net-zero industry transformation. In this way, we could support six core strategic industries to collaborate on carbon reduction goals and build up low-carbon commercialized product development strategies.