- Decrease in sales revenue due to changes in the oil tank customers and market dynamics
- Increase in operating costs due to rising electricity prices, nitrogen expenses, and travel expenses
- Increased competition in the petrochemical tank storage service market
- Stringent environmental protection and labor safety regulations
- Geopolitical tensions affecting business confidence
- Aging infrastructure requiring increased maintenance costs
- Labor shortages
Prime Oil Chemical Service Corporation
Greenhouse gas emissions & sustainability report data
Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2021 | Data on direct emissions of air pollutants from West 2 and West 5 tanks provided (tons/year), indirect emissions to be disclosed in 2026. |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reduced air pollutant emissions from boilers in Taichung Port West 2 and West 5 terminals (specific figures provided in the report)
- Reduced water consumption in Taichung Port West 2 and West 5 terminals (specific figures provided in the report)
- Waste reduction and recycling initiatives (specific figures provided in the report)
- Implementation of condensate recovery systems in storage tanks to reduce VOCs
🎯 Climate & Sustainability Targets
🔜 Short-term
- Achieve annual revenue target
- Maintain customer satisfaction
- Optimize storage tank configuration
- Implement successor project
📅 Medium-term
- Improve customer satisfaction
- Invest in new tank farms or expand existing ones
- Improve employee management skills
- Explore overseas cooperation opportunities
🔭 Long-term
- Stabilize Tank Storage Service Division’s revenue
- Deepen relationships with customers
- Enhance organizational capabilities
🌱 ESG Focus Areas
Environmental ProtectionOccupational Safety and HealthClimate ChangeCorporate Social Responsibility