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(ICIS) -- Asian petrochemical players
should continue investing in green energy and technologies to keep the industry
sustainable, amid tighter environmental regulations and high energy costs, top
industry officials said on Friday.
“Environmental protection, conservation and pollution should continue to
be a key initiative for all businesses across our industry,” said Preston Chen,
chairman of the Petrochemical Industry Association of Taiwan.
As with many countries in Asia, Taiwan’s government and petrochemical
industry are working together to reduce carbon dioxide (CO2) emissions, said
Chen.
He was speaking at the sidelines of the Asia Petrochemical Industry
Conference (APIC), which is being held at Fukuoka in Japan on 26-27 May.
Chen added that the collaboration in Taiwan has also initiated many other
efforts to reduce pollution and conserve energy.
Investments made by petrochemical industry players in green energy and
other related fields, such as biotechnology, semiconductor and other high-tech
industries inter-related with the petrochemical supply chain, is expected to
contribute more to the future growth of the industry, Chen added.
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