Taiwan Sugar Corporation

Taiwan Sugar Corporation
台灣糖業股份有限公司
Formerly臺灣糖業有限公司
Company typeJoint-stock company,
Government-owned corporation of Ministry of Economic Affairs (Taiwan); formerly: Limited liability company
(1237.TW)
IndustryAgriculture
Founded1946
Shanghai City
HeadquartersNo. 68 Shengchan Rd., East, Tainan, Taiwan
Area served
Taiwan
Key people
Chairman: Ming-Jou Yang
President: Li-Jen Chen
56,367,498,650 NTD
DivisionsMarketing Business Division
Hypermarket Business Division
Animal Industry Business Division
Petroleum Business Division 
Sugar Business Division 
Biotechnology Business Division
Agriculture Business Division
Leisure Business Division
Website/www.taisugar.com.tw
Taisugar Headquarters

Taiwan Sugar Corporation (TSC; Chinese: 台灣糖業股份有限公司; Pe̍h-ōe-jī: Tâi-oân Thn̂g-gia̍p Kó͘-hūn Iú-hān Kong-si; pinyin: Táiwān Tángyè Gōngsī) or Taisugar (Chinese: 台糖; Pe̍h-ōe-jī: Tâi-thn̂g; pinyin: Táitáng) is a state-run enterprise of Taiwan, with headquarters in Tainan City.

History

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

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.[citation needed] They also have 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 their pig farms in Taiwan.[1]

TSC sugar plants

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Developments

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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

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Taisugar owns 550 km2 (210 sq mi) of land in Taiwan — 370 km2 (140 sq mi) are for agricultural purpose and 120 km2 (46 sq mi) are for contract production.[3]

See also

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References

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  1. ^ Liao, George (14 December 2020). "Taiwan Sugar Corporation to close its largest pig farm in Vietnam". www.taiwannews.com.tw. Taiwan News. Retrieved 14 December 2020.
  2. ^ "Welcome to Taiwan Sugar Corporation.-Brief".
  3. ^ "President-elect's industry tour takes her to Chiayi". March 2016.