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 type	Joint-stock company, Government-owned corporation of Ministry of Economic Affairs (Taiwan); formerly: Limited liability company
Traded as	(1237.TW)
Industry	Agriculture
Founded	1946 Shanghai City
Headquarters	No. 68 Shengchan Rd., East, Tainan, Taiwan
Area served	Taiwan
Key people	Chairman: Ming-Jou Yang President: Li-Jen Chen
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
Website	/www.taisugar.com.tw

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

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

Shanhua Sugar Factory in Shanhua District, Tainan City^{[citation needed]}
Huwei Sugar Factory in Huwei Township, Yunlin County^{[citation needed]}
Siaogang Sugar Refinery in Siaogang District, Kaohsiung City^[2]

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]

References

^ 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.
^ "Welcome to Taiwan Sugar Corporation.-Brief".
^ "President-elect's industry tour takes her to Chiayi". March 2016.