TCC Group Holdings, formerly known as Taiwan Cement, has decided to cease purchasing Russian coal for its Hoping Power Plant, following meetings with environmental groups in June. The company\u2019s decision, revealed in a statement on Thursday (Sept. 19), has been met with approval from several environmental organisations, including Ecodefense, the Center for Research on Energy and Clean Air (CREA), and the Environmental Rights Protection Foundation (EPRF).<\/p>\n
According to TCC, the final shipment of Russian coal will arrive in October under existing contracts. The company\u2019s statement highlighted that the decision aligns with international human rights and environmental considerations, as outlined during discussions with activists earlier this year. A representative from the EPRF described the move as \u201cthe right choice\u201d given the global context of environmental sustainability.<\/p>\n
TCC explained that its Hoping Power Plant had relied on coal from Australia, Indonesia, and Russia, citing Russian coal\u2019s moderate ash and low sulfur content as key factors in previous purchases. However, growing concerns over the environmental and political implications of importing coal from Russia prompted the company\u2019s shift in policy.<\/p>\n
Environmental groups urged other Taiwanese companies to follow TCC\u2019s example, with the EPRF specifically mentioning Formosa Plastics Group as another major importer of Russian coal. CREA data showed that TCC\u2019s imports of Russian coal had already dropped from 17% of Taiwan\u2019s total in 2023 to 6% in 2024.<\/p>\n
TCC\u2019s decision is expected to set a significant precedent in Taiwan\u2019s energy sector, potentially influencing other importers to reconsider their sourcing strategies amidst mounting environmental scrutiny.<\/p>\n","protected":false},"excerpt":{"rendered":"
According to TCC, the final shipment of Russian coal will arrive in October under existing contracts.<\/p>\n","protected":false},"author":387,"featured_media":37883,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15],"tags":[287,22007,286,78,4253,3881,261,4352,22006],"class_list":["post-37881","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-taiwan","tag-australia","tag-center-for-research-on-energy-and-clean-air-crea","tag-indonesia","tag-russia","tag-russian","tag-taipei","tag-taiwan","tag-taiwanese","tag-tcc-group-holdings"],"reading_time":"2 min read","_links":{"self":[{"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/posts\/37881","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/users\/387"}],"replies":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/comments?post=37881"}],"version-history":[{"count":1,"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/posts\/37881\/revisions"}],"predecessor-version":[{"id":37884,"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/posts\/37881\/revisions\/37884"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/media\/37883"}],"wp:attachment":[{"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/media?parent=37881"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/categories?post=37881"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/tags?post=37881"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}