Taiwan Sugar Corporation
台灣糖業股份有限公司
Formerly臺灣糖業有限公司
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: Chen Chao-yi
President: 管道一
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
Taisugar Headquarters

Taiwan Sugar Corporation (TSC; Chinese: 台灣糖業股份有限公司; pinyin: Táiwān Tángyè Gōngsī) or Taisugar (台糖; 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 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

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 (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

References

  1. ^ Liao, George. "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".