Innovative Growth Through Prevailing Sustainability
Founded in 1946, Taiwan Fertilizer Company, Ltd., (TFC) has always been the largest fertilizer manufacturer and supplier in Taiwan responsible for providing stable and abundant fertilizers to meet domestic agricultural needs and is also a major contributor to the development of Taiwan's agricultural economics. However past performance does not always guarantee future success; as technology advancement will only result in swifter changes in the business environment, thus increase competition especially due to the globalization and knowledge-based economics nature of the 21 st century.
Currently, we still belong to the so call “traditional industry” requiring constant evaluation of business environment changes to steer the company toward an accurate direction after observing market developments. Our future lies in our ability to use existing resources and accelerate the transformation process in expanding our business and environment.
Seeking long-term business and development, TFC adopted the cooperative business strategy of “Sustainment” and “Innovation” to fully expand our business domain and construct a competitive enterprise structure. “Sustainment” implies our transformation from a pure “manufacturer” role to a “manufacturer + supplier” role with continued refinement to our existing fertilizer and chemical engineering core businesses. While “Innovation” signifies our full expansion to new industries and businesses, mainly marine biotechnology, agricultural biotechnology, electronics chemicals and land development.
At this moment, we are actively planning and pursuing each and every one of our development projects, especially the development and utilization of “Blue Gold” of the 21 st century – Deep Ocean Water (DOW). With unique characteristics such as low temperature, clean, rich in mineral and nutrients and pathogen-free, DOW has been viewed as a highly profitable new industry as a nearly unlimited supply for marine farming, drinking water, beverages and beauty/cosmetic products. TFC's Hualien plant is strategically situated near the eastern shoreline with easy access to DOW and will gradually develop into a DOW science park. On the land development front, TFC will achieve the enterprise transformation goal by utilizing comprehensive land development of the individual plants. Besides the planned DOW science park in the Hualien plant, lands located within the Nangang Trade and Commerce Park will gradually develop according to the overall government planning. Hsinchu plant has been included in the “Hsinchu Special Technology District Plan” by the Hsinchu City government and will be develop in sequence after obtaining permit from the local government. Kaohsiung plant is also included in Kaohsiung City's “Kaohsiung Multi-function Trade and Commerce Park Plan” and will also be developed in the future. These new business and development plans will be the guidance and focal points of our future business operation and transformation efforts. We are stepping up our development efforts, hoping to achieve visible results in the near future.
Looking into the future, besides adopting the cooperative strategy of “Sustainment” and “Innovation”, TFC still relies on the teamwork of the management team and all of its employees to proficiently utilize our niche resources in exploring new business domains and achieving the three fundamentals of “Promoting Stable Business Development”, “Ensure Stockholder Benefits” and “Pursuing Corporate Social Responsibilities” |