Market Trends

New listed company:Chung Tai Resource Technology Corp.(6923)

GuanIou Li
Senior Associate at TWSE

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Chung Tai Resource Technology Corp. was established in 2001, with its main operations in Taoyuan. Since its establishment, the company has adhered to the core business philosophy of “utilizing resources for good health” to focus on the R&D and application of waste treatment, resource recycling and circular economy technologies, and is committed to becoming a leading green supply chain partner in the industry. Chung Tai has made outstanding contributions to waste management and resource reuse in Taiwan by providing comprehensive resource recycling solutions.

Main Services and Technologies: Practicing Resource Recycling and Reuse

The main businesses include the comprehensive treatment of industrial waste incineration for power generation, treatment of mercury containing waste and thermal cracking and recovery of precious metals, as well as treatment of the electronic waste from printed circuit boards for copper recycling. Through the technologies above and green energy solutions, waste is converted into useful resources to reduce negative environmental impacts.

Chung Tai has a professional construction industry license for environmental engineering, a Class A waste removal permit, and a Class A waste disposal permit for each of its three plants. Its employees hold 148 professional licenses related to environmental protection, occupational safety and health, and fire protection, and the company combines the respective technologies of the factories to achieve resource recycling and reuse.

The first plant was converted into commercial operations in 2022, becoming the largest comprehensive waste treatment center in Taiwan in recent years. Its incineration, power generation, bottom slag reuse, solidification, cleaning, and chemical treatment technologies can handle complex and difficult waste, and can properly turn the derivatives generated in the plants into regenerated products. The crushing, distillation, thermal desorption, and thermal cracking technologies of the second plant can recover and extract mercury products with a purity of 99.99% or higher from waste mercury-containing lamps and waste materials, and precious metals (gold, silver, palladium, cobalt, manganese and nickel) can also be extracted from waste composite materials, and the dry and wet crushing, water shaking table sorting and upgrading technologies of the third plant can recycle and process waste printed circuit boards to produce high-purity copper powder and concrete admixture products, achieving full recycling and zero waste. Recently, the company has combined the technical expertise and environmental engineering project management capabilities of the three plants to enter the field of environmental remediation engineering starting from 2023.

Chung Tai recycles and processes waste from electronic, chemical, other manufacturing, and medical industries and converts it into resources and energy for reuse, connecting the resources of the arterial and venous industries to promote Taiwan’s green economic transformation.

Promoting a Sustainable Future: Chung Tai’s Innovation in Environmental Education and Circular Economy

Chung Tai is not only a waste treatment plant, but also committed to promoting environmental education. In 2014, the “Chung Tai Resource Technology and Environmental Resource Education Center” was established, which is the first private waste treatment institution in Taiwan to pass the certification of environmental education facilities. The Company has set up an environmental education facility site in the second plant, an industry cultural center of green resource technology in the third plant, and an innovation and R&D center for green energy circular economy in the first plant to expand the advocacy and promotion of environmental education, and organized visits from government agencies, industry groups, and community members. As of the end of June 2024, the number of visitors has reached 10,000.

 Chung Tai continues to innovate and develop raw materials, materials, and energy based circular economy solutions. In response to government policies and international trends, it has recently invested in the R&D of recycling and processing technologies for waste lithium batteries, waste solar panels, and refined copper, in the hope to combine its existing advantages to establish a green supply chain of resource recycling for global-brand manufacturers and large factories, and continue to contribute to sustainable social development.

Sustainable Development, Vision and Mission of the Enterprise

Chung Tai is well aware that the development of enterprises cannot be separated from environmental protection and social responsibility. Therefore, it continuously strengthens its internal ESG (environmental, social and corporate governance) management system, has established a sustainability laboratory of over 200 pings (661 square meters), and has obtained the certification of ISO 14001 Environmental Management System and ISO 45001 Occupational Safety and Health Management System to ensure that the company follows the highest environmental and safety standards in its operations.

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Chung Tai’s corporate vision is to “innovate technology to create the economy, and cherish resources for eternal circulation” to pursue the sustainable use of resources and maximization of their value, and combine environmental protection with economic benefits to create a win-win future for enterprises and society. The mission of Chung Tai is to “properly dispose of waste to protect the natural environment; recycle and reuse resources to promote a circular economy; create corporate value and promote sustainable social development.” Through technological innovation and service innovation, the company aims to achieve the coordinated development of the environment, economy and society.

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