Heading Off Investment Opponents
THE PRECOCIOUS GROWTH OF TAIWAN'S chemical industry has brought with it many of the symptoms common to the chemical industries of the U.S. and Europe. Bayer's decision in March to cancel plans for a toluene diisocyanate plant in the face of local opposition highlighted the problems faced by Taiwan's $50-billion/year chemical industry.
The Taiwan Responsible Care Association (TRCA; Taipei) launched a program in 1997 that has broadened an initiative started in 1994 by the Petrochemical Industry Association of Taiwan (PIAT) along with U.S. and European companies. TRCA now has 50 members.
"Neighbor protests and a poor public image are spiraling and threaten new …
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