News
19
May
2023
Groundbreaking Ceremony for NOVAX Guanyin New Plant Expand the Global Market Order Layout Develop new green energy businesses and implement the blue sky and green space plan
Groundbreaking Ceremony for NOVAX Guanyin New Plant
Expand the Global Market Order Layout
Develop new green energy businesses and implement the blue sky and green space plan
On June 19th, 2023, NOVAX held a groundbreaking ceremony for the expansion of the new plant in Guanyin District, Taoyuan. President of NOVAX Nicholas Yang said that the total investment in the manufacturing plant reached 600 million Taiwan dollars, which will generate at least 20 job opportunities. The base area of this case is 1,107 Taiwanese ping (3,659.504 square meters), and the total floor area of the construction plant is 1,650 Taiwanese ping (5,454.54525 square meters). It is expected to be completed in the second quarter of 2024. In addition to implementing the application for rewards and subsidies through the Taoyuan City Industrial Development Autonomy Regulations in November 2022, the existing "Blue Sky Project" not only continues to expand the demand for urea in the market, but also covers automotive, industrial, agricultural, and marine applications. Pollution sources extend to stationary pollution sources, including power plants, boilers, and power fuel industries. The Taoyuan Guanyin new plant will be completed in the future and the "Green Space Project" will also be implemented simultaneously. The waste mattresses will be decomposed and recycled to develop new fuels. As a pioneer in circular economy and ESG in the industry, we also look forward to using it a more complete environment and machinery and equipment can improve the quality and service capacity, and hope to grow and thrive with the nearby major manufacturers and deeply cultivate Taoyuan.
At the ceremony, Director Zhang Cheng of the Taoyuan City Economic Development Bureau was also invited to the site of the groundbreaking ceremony. Chen Wande, Deputy Executive Director of the Taoyuan Industrial and Commercial Development and Investment Promotion Association, also attended the ceremony on behalf of the mayor to pray for the new plant.
Expand the Global Market Order Layout
Develop new green energy businesses and implement the blue sky and green space plan
On June 19th, 2023, NOVAX held a groundbreaking ceremony for the expansion of the new plant in Guanyin District, Taoyuan. President of NOVAX Nicholas Yang said that the total investment in the manufacturing plant reached 600 million Taiwan dollars, which will generate at least 20 job opportunities. The base area of this case is 1,107 Taiwanese ping (3,659.504 square meters), and the total floor area of the construction plant is 1,650 Taiwanese ping (5,454.54525 square meters). It is expected to be completed in the second quarter of 2024. In addition to implementing the application for rewards and subsidies through the Taoyuan City Industrial Development Autonomy Regulations in November 2022, the existing "Blue Sky Project" not only continues to expand the demand for urea in the market, but also covers automotive, industrial, agricultural, and marine applications. Pollution sources extend to stationary pollution sources, including power plants, boilers, and power fuel industries. The Taoyuan Guanyin new plant will be completed in the future and the "Green Space Project" will also be implemented simultaneously. The waste mattresses will be decomposed and recycled to develop new fuels. As a pioneer in circular economy and ESG in the industry, we also look forward to using it a more complete environment and machinery and equipment can improve the quality and service capacity, and hope to grow and thrive with the nearby major manufacturers and deeply cultivate Taoyuan.
At the ceremony, Director Zhang Cheng of the Taoyuan City Economic Development Bureau was also invited to the site of the groundbreaking ceremony. Chen Wande, Deputy Executive Director of the Taoyuan Industrial and Commercial Development and Investment Promotion Association, also attended the ceremony on behalf of the mayor to pray for the new plant.