The first local brewery for China's Tsingtao Beer will be built in Pintung County and start mass production in 2004, the local distributor said yesterday.
"NT$3 billion will be invested in the facility, with a maximum production goal of 331.2 million bottles per year," said Peter Tsai (
Tsai added that the brewery would sit atop 8.5 hectares of land and be open for tours, a business offshoot that is expected to generate some NT$6 billion a year and create multiple job opportunities.
The brewery's first year production goal is 82.8 million bottles, growing to 165.6 million bottles the second year, Tsai said.
He said Tsingtao Beer will provide bottle labelling and brewing technology under a 30-year deal with the Chinese parent company.
Taiwan Tsing Beer Corp is a unit of Taiwan-based Sanyo Whisbih Group (
Tsai and the corporation's president paid a visit to Pintung County Commissioner Su Chia-chuan (蘇嘉全) on Wednesday, accompanied by a former Control Yuan member Yeh Yao-peng (葉耀鵬). Yeh is the company's spokesperson and also a shareholder in the corporation.
Su reportedly told his guests that he warmly welcomed the company's investment in Pintung.
According to Yeh, Su facilitated the brewery's construction by providing preferential land leases as well as sufficient supplies of water and electricity.
In addition, Pintung County will invest about NT$60 million to build transportation infrastructure around the brewery's construction site, while Su also plans to build a recreational farm nearby to attract more visitors, Yeh was as saying in the local media yesterday.
According to Tsai, local beer drinkers have responded well to the newly-imported Chinese beer. He said that 36 million bottles of Tsingtao Beer have been sold in Taiwan since April.
Tsingtao's main competition is Taiwan Beer, Tsai said.
After grabbing a 5 percent market share in July, Tsai estimated the brewer could control 20 percent of the Taiwan market within three years.
Tsingtao's entry into the nation's beer market is one of the first by a foreign brewery following termination of the alcohol-production monopoly held by the state-controlled Taiwan Tobacco and Wine Board (TTWB,
The government is cutting tariffs on hundreds of goods and opening its market to foreign competition as a result of its entry into the WTO in January.
The TTWB, which produces and distributes Taiwan Beer, said it has firmly secured an 85 percent market share in Taiwan that no rival could possibly steal away.
SETBACK: Apple’s India iPhone push has been disrupted after Foxconn recalled hundreds of Chinese engineers, amid Beijing’s attempts to curb tech transfers Apple Inc assembly partner Hon Hai Precision Industry Co (鴻海精密), also known internationally as Foxconn Technology Group (富士康科技集團), has recalled about 300 Chinese engineers from a factory in India, the latest setback for the iPhone maker’s push to rapidly expand in the country. The extraction of Chinese workers from the factory of Yuzhan Technology (India) Private Ltd, a Hon Hai component unit, in southern Tamil Nadu state, is the second such move in a few months. The company has started flying in Taiwanese engineers to replace staff leaving, people familiar with the matter said, asking not to be named, as the
The prices of gasoline and diesel at domestic fuel stations are to rise NT$0.1 and NT$0.4 per liter this week respectively, after international crude oil prices rose last week, CPC Corp, Taiwan (台灣中油) and Formosa Petrochemical Corp (台塑石化) announced yesterday. Effective today, gasoline prices at CPC and Formosa stations are to rise to NT$27.3, NT$28.8 and NT$30.8 per liter for 92, 95 and 98-octane unleaded gasoline respectively, the companies said in separate statements. The price of premium diesel is to rise to NT$26.2 per liter at CPC stations and NT$26 at Formosa pumps, they said. The announcements came after international crude oil prices
STABLE DEMAND: Delta supplies US clients in the aerospace, defense and machinery segments, and expects second-half sales to be similar to the first half Delta Electronics Inc (台達電) expects its US automation business to remain steady in the second half, with no signs of weakening client demand. With demand from US clients remaining solid, its performance in the second half is expected to be similar to that of the first half, Andy Liu (劉佳容), general manager of the company’s industrial automation business group, said on the sidelines of the Taiwan Automation Intelligence and Robot Show in Taipei on Wednesday. The company earlier reported that revenue from its automation business grew 7 percent year-on-year to NT$27.22 billion (US$889.98 million) in the first half, accounting for 11 percent
A German company is putting used electric vehicle batteries to new use by stacking them into fridge-size units that homes and businesses can use to store their excess solar and wind energy. This week, the company Voltfang — which means “catching volts” — opened its first industrial site in Aachen, Germany, near the Belgian and Dutch borders. With about 100 staff, Voltfang says it is the biggest facility of its kind in Europe in the budding sector of refurbishing lithium-ion batteries. Its CEO David Oudsandji hopes it would help Europe’s biggest economy ween itself off fossil fuels and increasingly rely on climate-friendly renewables. While