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Chung-Tai Resource Technology Targets Double-Digit Revenue Growth This Year
Industrial Services · Environmental Services · economic_daily · 2026-10-18
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Chung-Tai expects a revenue jump of over 10% this year, driven by new environmental remediation projects and expanded waste processing capacity.
What Happened
Growth Momentum: Chung-Tai Resource Technology anticipates double-digit revenue growth this year, supported by new environmental remediation projects and improved capacity utilization. The company has secured a major remediation contract for the Erren River in Tainan, which is expected to begin in the fourth quarter.
Capacity Expansion: The company plans to invest up to NT$400 million to upgrade its facilities into a solid-liquid co-incineration plant, aiming to boost processing capacity and output. This project is scheduled for trial operations by 2028, marking a significant phase for profit growth.
Diversification and R&D: Chung-Tai is leveraging investment income from subsidiaries while focusing on R&D in asbestos recycling, carbon capture, and battery recycling. These initiatives are central to the company's strategy to develop new long-term revenue streams.
Competitive Moat: Analysts highlight that the high barrier to entry for Class A waste treatment licenses gives Chung-Tai a strong competitive advantage. With three licensed facilities, the company is well-positioned to benefit from tightening environmental regulations and extended producer responsibility policies.