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Formosa Petrochemical Corp

Formosa Petrochemical Corporation produces and sells petroleum products and petrochemical raw materials. Its products include gasoline, diesel, jet fuel, fuel oil, naphtha, base oil, liquefied petroleum gas, and lubricants, as well as ethylene, propylene, butadiene, and BTX. It also supplies electricity, steam, and other utilities. The company operates in Taiwan, Australia, South Korea, the Philippines, Singapore, Malaysia, Mainland China, and internationally, and was founded in 1992 with headquarters in Mailiao, Taiwan.

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Energy Transition & Power Demand▲

EVA Air, AIT, Microsoft, FPCC Sign MOU for 15,000 Metric Tons of Scope 3 Emissions Reductions

EVA Air has signed a Memorandum of Understanding with AIT Worldwide Logistics to jointly advance EVA Air's Green Transportation Program over the next two years. In the first year, EVA Air will provide approximately 15,000 metric tons of CO₂e in Sustainable Aviation Fuel environmental attributes to Microsoft, helping reduce Scope 3 emissions from air transport of its cloud infrastructure equipment. The flights will depart from Taiwan using SAF supplied by Formosa Petrochemical Corporation, produced from used cooking oil and certified under the International Sustainability and Carbon Certification system, delivering about 80% lower lifecycle greenhouse gas emissions compared with conventional jet fuel. The SAF environmental attributes will be issued and retired through the ISCC Credit Transfer System, enabling Microsoft to account for the resulting Scope 3 emissions reductions. The collaboration aims to establish a scalable model that encourages broader corporate participation and accelerates aviation's transition toward net zero.
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Energy Transition & Power Demand › Natural Gas Value Chain ▲Demand
2618.TW · Demand · Positive EVA Air signs MOU to provide SAF attributes, expanding its green transportation program and securing a customer.
6505.TW · Demand · Positive Formosa Petrochemical supplies SAF for the program, increasing demand for its sustainable fuel product.
MSFT · Demand · Positive Microsoft will receive SAF environmental attributes to reduce Scope 3 emissions, supporting its sustainability goals.
AIT Worldwide Logistics · Demand · Positive AIT Worldwide Logistics partners in the MOU, facilitating logistics for the SAF program.
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