Environment Home » Sustainability » Environment Affordable & Clean Energy Responsible Consumption & Production Life Below Water Life on Land Affordable & Clean Energy Electric Vehicles Formosa Plastics Corporation, U.S.A. is committing to converting our fleet of more than 400 vehicles to electric and hybrid by 2026. We will also be installing approximately 500 charging stations at our facilities in Point Comfort, TX for use by our associates and business partners. Electric vehicle charging stations are already available for use by associates at our headquarters in Livingston, NJ. EV & Hybrid Vehicles 400+ Charging Stations 500 Solar Power The solar power project at Formosa Plastics headquarters in Livingston, New Jersey has already produced more than 233GWh of power to date and our plans include additional installations for 2023 and beyond. 2020 119GWh 2021 114GWh Potential Solar & Wind Initiatives Formosa is also aggressively evaluating 200M solar and 150M wind turbine projects in South Texas with a major renewable power developer. While still in the developmental phase, the project would be one of the largest renewable energy efforts in that region, with the potential to replace 30% of Formosa’s power needs and provide supplemental power to the Texas grid. Solar 200MW Wind 150MW Potential 30% of Formosa’s power needs and provide supplemental power to the Texas grid. Responsible Consumption & Production The company is engaged in a business that is resource intensive and very competitive, only the most efficient producers prevail. Formosa seeks to reduce the impact of our operations by constantly improving and reducing water use, energy, emissions and waste. Goals are set every year and all facilities track their progress in detail. Independent organizations like BSI audit our facilities to the ISO 14001 Environmental Management System Standard every six months and conduct a full recertification every two years. We must all work to assess our impacts on the environment and strive to become a circular economy. Emissions Reduction 41% Improved efficiency has allowed Formosa to reduce emissions by 42% over 12 years while increasing production and efficiency. Power Efficiency 50% Formosa’s combined cycle power plant allows us to produce up to 50% more electricity from the same amount of fuel than a traditional simple-cycle plant. 330M Gallons of water saved Circular Economy Formosa’s long-term goals include the development of post consumer recycling (PCR) blended resin grades and more advanced operating units that recover recycled plastic and convert the material back into virgin resin. Continuous Improvement Formosa is constantly evolving to create the highest quality PCR products and most sustainable procedures and processes. Product Stewardship Nothing is more important to Formosa than the quality and safety of our products and the well-being of our consumers who use them. We have rigorous safety and quality requirements and we are proud of our long track record of producing safe products. Formosa closely monitors and carefully considers new information published by the scientific community and regulatory agencies. New information regarding additives and other ingredients, including public perception of ingredients is taken into consideration. Research is reviewed by our Product Stewardship team which ensures that our products, including additives, are safe for their intended use. During the past year TNPP (tris(nonylphenyl) phosphite) has been phased out of our products as well as Animal Derived Materials (ADM) to the greatest extent possible. Always consult the product declaration statements on our company website for full information. 3.7x More efficient delivery Formosa’s rail fleet allows for quick and efficient delivery. Delivery by rail is approximately 3.7x more efficient than by truck. Life Below Water Protecting the marine environment is a core value for Formosa. Formosa has financially supported independent, third party water quality and biological community monitoring of Upper Lavaca Bay for over 25 years and the annual findings are published and made available to the public. The 2018-19 report includes the following statement: “…the Monitoring Program, to date, indicates that there are no adverse impacts to the health or structure of the biological community, including the quality, benthic structure, planktonic structure, and higher trophic levels in Lavaca Bay.” Lavaca bay monitoring program showed ‘no adverse impact’ from Formosa’s operations over last 25 years. Formosa’s data “is the best and most comprehensive data set available regarding any Texas bay system.” 25 Years of protection Formosa is partnering with the Plastics Industry Association on Operation Clean Sweep® to achieve “zero pellet, powder and flake discharge” into the marine environment. Despite the many benefits plastics bring to people and communities around the world, plastic waste in the environment, particularly the ocean, is a serious global challenge that calls for swift action and strong leadership. The company has also made a substantial commitment to engage in the problem of plastic waste and marine pollution through a newly formed organization, the Alliance to End Plastic Waste (AEPW). This CEO-driven non-profit was established to directly deal with the leakage of plastic waste into the world’s oceans through four pillars of action: 41,390 Pieces of litter picked up Life on Land The Formosa-Tejano Wetlands was established in 1997 and set aside to provide habitat for migratory and neotropical species as well as endemic shore and wading birds. Secondarily, the wetlands were designed as a location to do meaningful outdoor education for public school children and for the general public to enjoy. Most recently, Formosa’s Texas plant supported the Jackson-Calhoun County Christmas Bird Count by providing access to Formosa’s property and facilities. Birding experts surveyed the Formosa-Tejano Wetland site. Bob Friedrichs—local Audubon Society compiler reported: “184 species were tallied during the countdown dinner sponsored by Formosa. The FormosaTejano Wetlands section of the count led the way with 10 bird species exclusive to that site.” 184 0 Bird species catalogued Including the Great Blue Heron, American Kestral, Killdeer, White Ibis, Willet and Cliff Swallow. Hurricane Harvey left a path of destruction in the local community of Port Lavaca, including structural damage to the Formosa Wetlands Walkway. With help from the Federal Emergency Management Agency and a generous donation of $200,000 from Formosa, the walkway was repaired to its former glory. Now local residents and visitors can walk out to the birding tower and look into the marsh that borders the walkway for the Seaside Sparrow, Nelson’s Sharp-tailed Sparrow, and Clapper Rail. The bay may also be viewed from the birding tower, where a wide variety of Texas mid-coast resident and migratory bird species come into easy view. $200k Donation for walkway Learn about our commitment to the community. Learn More
