A leading Taiwanese paper company has developed a technique to make paper from wheat and rice stalks, a report said yesterday.
Yuen Foong Yu (永豐餘) is to introduce what it says is a “revolutionary” technology to its plant in Yangzhou, in China’s Jiangsu Province, in the second half of the year, the Economic Daily News said on its Web site.
The technology was considered environmentally friendly because it uses materials that have been thrown away for a long time and fewer trees will be cut down, the conglomerate’s chairman Ho Shou-chuan (何壽川) was cited as saying.
The normal wood pulp manufacturing process uses 100kg of lumber to make 20kg of paper, but the new technology can turn the same quantity of stalk pulp into four times as much paper, the report said.
“The new manufacturing process will be more energy saving and cause less carbon dioxide,” Ho said.
In related news, last week, Yuen Foong Yu said it planned to buy a Chinese company for US$1.05 -million via a subsidiary to get a license to tap into China’s food and beverage market. The company said the acquisition would allow it to explore business opportunities in China’s organic food -delivery business, in which it has done well in its home market. Shares of Yuen Foong Yu dropped 0.7 percent to NT$14.1 on Friday, while the benchmark TAIEX fell 0.03 percent.
Additional reporting by staff writer
SEEKING CLARITY: Washington should not adopt measures that create uncertainties for ‘existing semiconductor investments,’ TSMC said referring to its US$165 billion in the US Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) told the US that any future tariffs on Taiwanese semiconductors could reduce demand for chips and derail its pledge to increase its investment in Arizona. “New import restrictions could jeopardize current US leadership in the competitive technology industry and create uncertainties for many committed semiconductor capital projects in the US, including TSMC Arizona’s significant investment plan in Phoenix,” the chipmaker wrote in a letter to the US Department of Commerce. TSMC issued the warning in response to a solicitation for comments by the department on a possible tariff on semiconductor imports by US President Donald Trump’s
The government has launched a three-pronged strategy to attract local and international talent, aiming to position Taiwan as a new global hub following Nvidia Corp’s announcement that it has chosen Taipei as the site of its Taiwan headquarters. Nvidia cofounder and CEO Jensen Huang (黃仁勳) on Monday last week announced during his keynote speech at the Computex trade show in Taipei that the Nvidia Constellation, the company’s planned Taiwan headquarters, would be located in the Beitou-Shilin Technology Park (北投士林科技園區) in Taipei. Huang’s decision to establish a base in Taiwan is “primarily due to Taiwan’s talent pool and its strength in the semiconductor
Industrial production expanded 22.31 percent annually last month to 107.51, as increases in demand for high-performance computing (HPC) and artificial intelligence (AI) applications drove demand for locally-made chips and components. The manufacturing production index climbed 23.68 percent year-on-year to 108.37, marking the 14th consecutive month of increase, the Ministry of Economic Affairs said. In the first four months of this year, industrial and manufacturing production indices expanded 14.31 percent and 15.22 percent year-on-year, ministry data showed. The growth momentum is to extend into this month, with the manufacturing production index expected to rise between 11 percent and 15.1 percent annually, Department of Statistics
An earnings report from semiconductor giant and artificial intelligence (AI) bellwether Nvidia Corp takes center stage for Wall Street this week, as stocks hit a speed bump of worries over US federal deficits driving up Treasury yields. US equities pulled back last week after a torrid rally, as investors turned their attention to tax and spending legislation poised to swell the US government’s US$36 trillion in debt. Long-dated US Treasury yields rose amid the fiscal worries, with the 30-year yield topping 5 percent and hitting its highest level since late 2023. Stocks were dealt another blow on Friday when US President Donald
RSS