12/07/2021 | Press release | Distributed by Public on 12/07/2021 03:41
Today's Information |
Provided by: Formosa Petrochemical Corp | |||||
SEQ_NO | 1 | Date of announcement | 2021/12/07 | Time of announcement | 17:30:17 |
Subject |
Announcement for the NTD 3 million penalty imposed by Tainan Environmental Protection Bureau in accordance with Article 52 of the Waste Disposal Act. |
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Date of events | 2021/12/07 | To which item it meets | paragraph 26 | ||
Statement |
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 period. 3.Handling procedure: 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 rights. 7.Any other matters that need to be specified:None. |