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Taiwan Sugar Corporation

State-owned company in Taiwan

Field	Value
name	Taiwan Sugar Corporation
台灣糖業股份有限公司
logo	[[File:Taiwan Sugar Corporation Seal.svg	160px]]
former_name	臺灣糖業有限公司
type	Joint-stock company,
Government-owned corporation of Ministry of Economic Affairs (Taiwan); formerly: Limited liability company
traded_as	(1237.TW)
founded	1946
Shanghai City
location	No. 68 Shengchan Rd., East, Tainan, Taiwan
area_served	Taiwan
key_people	Chairman: Ming-Jou Yang
President: Li-Jen Chen
industry	Agriculture
net_income	56,367,498,650 NTD
divisions	Marketing Business Division
Hypermarket Business Division
Animal Industry Business Division
Petroleum Business Division
Sugar Business Division
Biotechnology Business Division
Agriculture Business Division
Leisure Business Division
homepage

台灣糖業股份有限公司 Government-owned corporation of Ministry of Economic Affairs (Taiwan); formerly: Limited liability company Shanghai City President: Li-Jen Chen Hypermarket Business Division Animal Industry Business Division Petroleum Business Division　 Sugar Business Division　 Biotechnology Business Division Agriculture Business Division Leisure Business Division

Taiwan Sugar Corporation (TSC; ; pinyin: Táiwān Tángyè Gōngsī) or Taisugar (; pinyin: Táitáng) is a state-run enterprise of Taiwan, with headquarters in Tainan City.

History

The corporation was established on 1 May 1946 by the Nationalist government after the handover of Taiwan from Japan to the Republic of China, by merging all of the Japanese-era sugar companies (Dai-Nihon, Taiwan, Meiji, and Ensuiko Sugar Company) in Taiwan. In the 1950s and 1960s, sugar was one of the major exports of Taiwan; the corporation remains a major land owner today.

Taiwan's sugar trade, which flourished for almost 400 years, is now a sunset industry. The Taiwan Sugar Corporation has diversified its business into tourism, floriculture, biotechnology, and retailing. It also operates a chain of gas stations and invests in Taiwan High Speed Rail. It also has a number of significant overseas investments. In 2020 Taiwan Sugar Corporation announced plans to close its largest pig farm in Vietnam and instead invest NT$10.7 billion (US$369 million) in remodeling and improving its pig farms in Taiwan.

TSC sugar plants

Shanhua Sugar Factory in Shanhua District, Tainan City
Huwei Sugar Factory in Huwei Township, Yunlin County
Siaogang Sugar Refinery in Siaogang District, Kaohsiung City

Developments

Taiwan Sugar Corporation has five types of developments — Open Bid Construction, Joint Construction, Community Development, Sugar Factory Fields Development, and Student's Dormitory Development. It also owns the Taiwan Sugar Research Institute.

Land ownership

Taisugar owns 550 km2 of land in Taiwan — 370 km2 are for agricultural purpose and 120 km2 are for contract production.

References

(14 December 2020). "Taiwan Sugar Corporation to close its largest pig farm in Vietnam". Taiwan News.
"Welcome to Taiwan Sugar Corporation.-Brief".
(March 2016). "President-elect's industry tour takes her to Chiayi".

Info: Wikipedia Source

This article was imported from Wikipedia and is available under the Creative Commons Attribution-ShareAlike 4.0 License. Content has been adapted to SurfDoc format. Original contributors can be found on the article history page.

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