Formosa Plastics unit gains ISCC EU certification for microalgae oil feedstock
Formosa Plastics unit gains ISCC EU certification for microalgae oil feedstock
Formosa Plastics Group's Chenghao Technology, under Formosa Plastics New Intelligence, obtained ISCC EU sustainability and carbon certification for microalgae oil covering algae cultivation and oil production, with Bureau Veritas conducting the third-party audit. The company says its 500-liter pilot line has completed staged production-formula and stability assessments, with algae oil containing 50% to 60% oil by cell mass. Next steps include process scale-up, efficiency gains and cost optimization toward pilot and commercial production.
Certified domestic microalgae oil could give Taiwan a locally produced sustainable aviation fuel feedstock option that can enter European SAF supply chains as Taiwan's 2030 5% SAF target approaches.
Key facts
| Companies | Formosa Plastics Group, Formosa Plastics New Intelligence, Chenghao Technology, Formosa Biomedical Technology, Bureau Veritas |
|---|---|
| Chemicals | microalgae oil, sustainable aviation fuel feedstock, waste cooking oil |
| Capacity | 500-liter pilot production line; algae oil content of 50% to 60% |
| Location | Taiwan |
| Timing | 2026-08-27, 2030 Taiwan SAF target of 5% |
| Partners | Bureau Veritas |
| End uses | sustainable aviation fuel, aviation fuel supply chains, European SAF supply chain |
Market context
Microalgae oil is a lipid-rich feedstock that can be processed through hydrotreating and related pathways into renewable diesel-range hydrocarbons and sustainable aviation fuel, as well as used in food, nutrition and specialty oil markets. Demand for SAF is driven mainly by airlines and fuel suppliers that must meet blending mandates and emissions targets, particularly in Europe, where certification schemes such as ISCC EU are required to verify sustainability and greenhouse gas performance along the supply chain. Feedstock certification is a key gate because SAF producers rely on traceable, audited raw materials, and many currently depend on used cooking oil, animal fats and vegetable oils that are limited in supply. A certified non-food lipid source can diversify that base and reduce competition for conventional feedstocks, though algae oil remains a small, cost-sensitive segment where scale-up and yield are the main hurdles. Buyers and investors should watch how quickly pilot output moves toward commercial volumes.
Source: official release on fpg.com.tw. Summary and context written by Market Krystal.
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