Tung Ho Steel Enterprise Corporation

Total Page:16

File Type:pdf, Size:1020Kb

Tung Ho Steel Enterprise Corporation Stock Code: 2006 TUNG HO STEEL ENTERPRISE CORPORATION Annual Report 2019 Publication Date: March 23, 2020 Annual Report Website: TWSE Market Observation Post System: mops.twse.com.tw The Company Website: www.tunghosteel.com 1. The name, title telephone number, and e-mail address of the spokesperson or deputy spokesperson Spokesperson: Shu-Mei Kuo Title: Manager; Telephone: (02) 2551-1100 ext568 Email: [email protected] Deputy Spokesperson: Ju-Yu Ho Title: Associate Manager; Telephone: (02) 2551-1100 ext611 Email: [email protected] Deputy Spokesperson: Chun-LiangChen Title: Vice Manager; Telephone: (02) 2551-1100 ext588 Email: [email protected] 2. Contact address and telephone number of the head office, branch offices and factories Headquarters: 6F., No. 9, Sec. 1, Chang’an East Road, Zhongshan District, Taipei 10441 Telephone: (02)2551-1100 Fax: (02)2562-6620 Kaohsiung Works: No.8 Jiaxing Street, Xiaogang District, Kaohsiung 81257 Telephone: (07)802-3131 Fax: (07)801-0696 Taoyuan Works: No. 116, Caota, Neighborhood 8, Village. Baozhang, Guanyin District, Taoyuan 32847 Telephone: (03)476-1151 Fax: (03)476-1609 Miaoli Works: No. 22, Pingding, Erhu Village. Xihu Twonship, Maioli 36842 Telephone: (037)923-333 Fax: (037)923-311 Taichung Port Logistic Center: No. 455, Section 3, Lingang Road, Wuqi District, Taichung 43547 Telephone: (04)2656-2000 Fax: (04)2656-5500 3. The name, address, website and telephone number of the agency handling shares transfer Name: The Share Transfer Agency of Yuanta Securities Co., Ltd. Address: B1, No. 210, Section 3, Chengde Road, Datong District, Taipei 10366 Website: www. yuanta.com Telephone: (02) 2586-5859 Fax: (02) 2586-5977 4. The name of any exchanges where the Company’s securities are traded offshore, and the method by which to access information on said offshore securities Name of 2019 auditing CPA: Accountant Tzu-Hui Li and Xin-Yi Kuo CPA Firm: KPMG Taiwan Address: 68F., No. 7, Section 5, Xinyi Road. Xinyi District, Taipei City 11049 Website: www.kpmg.com.tw Telephone: (02)8101-6666 5. The name of any exchanges where the Company’s securities are traded offshore, and the method by which to access information on said offshore securities GDR Listed Trading Place: Luxembourg Stock Exchange Enquiry Website for GDR: mops.twse.com.tw 6. The Company website: www. tunghosteel.com Table of Contents I. Letter to Shareholders--------------------------------------------1 II. Company Profile 1. Date of Incorporation----------------------------------------------------5 2. Company History --------------------------------------------------------5 III. Corporate Governance Report-------------------------------10 1. Organization System-----------------------------------------------------10 2. Information on the Company’s Directors, General Managers, Assistant General Managers, and the Supervisors of all the Company’s Divisions and Branch Units--------------------------------------------------------12 3. Remuneration Paid to Directors, General Managers and Deputy General Managers in the Most Recent Year------------------------------------33 4. Corporate Governance Practices---------------------------------------41 5. Information on CPA Professional Fees--------------------------------102 6. Information on Replacement of Certified Public Accountants-----103 7. Information on Service of the Company’s Chairman, General Managers, and Financial or Accounting Managers at the Accounting Firm or its Affiliates------------------------------------------------------------------103 8. Any Transfer of Equity Interests and/or Pledge of or Change in Equity Interests by A Director, Supervisor, Managerial Officer, or Shareholder with a Stake of More than 10 Percent during the Most Recent Year or During the Current Year up to the Date of Publication of the Annual Report---------------------------------------------------------------------104 9. Information on the Relationship between any of the top Ten Shareholders (Related Party, Spouse, or Kinship within the Second Degree)---107 10. The Total Number of Shares and Total Equity Stake Held in any Single Enterprise by the Company, its Directors and Supervisors, Managers, and any Companies Controlled either Directly or Indirectly by the Company--- -----------------------------------------------------------------------------109 IV. Fund-Raising Activities----------------------------------------111 1. Capital and Shares-------------------------------------------------------111 2. Corporate Bonds---------------------------------------------------------1117 3. Preferred Shares----------------------------------------------------------119 i 4. Issuance of Global Depository Receipts (GDR)---------------------119 5. Employ Stock Warrants, New Restricted Employee Shares -----120 6. Issuance of new shares for Acquisition or Exchange of other Companies’ Shares -----------------------------------------------------------------------120 7. The Status of Implementation of Capital Allocation Plans ----------120 V. Business Overview of the Company and the Subsidiaries--122 1. Business Contents---------------------------------------------------------122 2. Market, Production/Sales Overview------------------------------------133 3. Data of Employees--------------------------------------------------------150 4. Disbursements for Environmental Protection-------------------------151 5. Labor-Management Relations-------------------------------------------154 6. Important Agreements between Parent Company and Subsidiaries-156 VI. Financial Summary of the Company and the Subsidiaries-160 1. Condensed Balance Sheet and Comprehensive Income Statements of the Last Five Years------------------------------------------------------------160 2. Financial Analysis of the Last Five Years-------------------------------164 3. Audit Committee’s Review Report of the Most Recent Year’s Financial Statements and Consolidated Financial Statements------------------168 4. Financial Report of the Most Recent Year------------------------------168 5. Individual Financial Statements of the most Recent Year Audited by CPA-- ------------------------------------------------------------------------------168 6. If the Company or its Affiliates have Experienced Financial Difficulties in the Most Recent Year or during the Current Year up to the Date of Publication of the Annual Report, the Annual Report shall Explain how Said Difficulties Affect the Company’s Financial Situation----------168 VII. a Review and Analysis of the Company’s Financial Position and Financial Performance and a Listing of Risks--------169 1. Financial Position--------------------------------------------------------169 2. Financial Performance---------------------------------------------------171 3. Cash Flow-----------------------------------------------------------------173 4. Major Capital Expenditures during the Most Recent Year----------174 5. Investment Policy for the Most Recent Year, the Main Reasons to the Profits or Losses, Improvement Plans, and Investment Plans for the ii Coming Year--------------------------------------------------------------174 6. Risk Management and their Analysis and Evaluation ----------------175 7. Other Important Matters--------------------------------------------------185 VIII. Special Disclosure----------------------------------------------186 1. Information Related to the Company’s Affiliates---------------------186 2. Transaction about the Company’s Private Placement of Securities during the Most Recent Year or during the Current Year up to the Date of Publication of the Annual Report---------------------------------------194 3. Holding or Disposal of Shares in the Company by The Company’s Subsidiaries during the Most Recent Year or during the Current Year up To the Date of Publication of Annual Report------------------------------194 4. Other Matters that Require Addition Description---------------------194 IX. If Any of the Situations Listed in Article 36, Paragraph 3, Subparagraph 2 of the Securities and Exchange Act, which might Materially Affect Shareholders’ Equity or the Price of the Company’s Securities, has Occurred during the Most Recent Year or during the Current Year Up to the Date of Publication of the Annual Report-----------------------------194 iii 1. Letter to Shareholders Tung Ho Steel Enterprise Corporation Business Report In 2019, global economy continues taking slow recovery pace towards stable prosperity since all central banks of countries in the world had loosened the currency policies and held on to the low interest environment over the past years. Only the US maintained stable growth in its economic status. Others had ups and downs in their performances due to the following negative factors: 1. The US ruled by Trump administration had America First and anti-globalization trade protection policies, single sided dismiss the regional trade agreement, enhance technology trade war with China and adopt measures to levy high custom duties on China. These measures directly or indirectly block the international trade and investment operation, causing shock in international economy, delaying enterprise investment plans and weakening global economic momentum. 2. Brexit issues were not resolved. England cannot reach an agreement on its relationship with the EU after Brexit, causing uncertainties and dragging on the economic recovery in Europe. 3. China was facing the dilemma of not able to maintain the rapid economic growth. Issues such as over investment, insufficient consumption, debt crisis,
Recommended publications
  • 2020 MEC SUPPLIER DISCLOSURE LIST in 2008, MEC Made a Commitment to Its Members to Disclose the Names and Addresses of Factories That Manufacture MEC Label Products
    2020 MEC SUPPLIER DISCLOSURE LIST In 2008, MEC made a commitment to its members to disclose the names and addresses of factories that manufacture MEC Label products. We rely on our supply chain partners to commit and adopt MEC's social compliance policy and supplier code of conduct. To drive meaningful change, we understand that we need to work with our supply chain partners to meet the requirements set out in our policies. Listed product manufacturers (tier 1) represent 100% of our finished good supply chain. In an effort to continue MEC’s journey into supply chain transparency, MEC has added our Tier 1 subcontractor supply chain and our material supply-chain partners to the supplier disclosure list in September 2017. It is our commitment to our members that we will continue to disclose our supply chain partners; working to expand this list to include trims, component and subcomponent manufacturers. This list was last updated in January 2020. MEC updates its supplier list twice a year. This list fluctuates over time to reflect changes in product seasonality and our supplier base. PRODUCT MANUFACTURERS (Tier 1): FACTORY NAME | VENDOR NAME FACTORY ADDRESS CITY PROVINCE/STATE Komperdell Sportartikel Gesmbh Wagnermuhle 30 Mondsee Upper Austria CPCG International Co., Ltd. | Palace Group Phum Chhok, Khum Kok Rovieng, Sruk Chhoeung Brey Kampong Cham Kampong Cham Sun Grace Glove Cambodia Co., Ltd. Phum Prek Treng, Khum Samraong Thom Kean Svay District Kandal All Card 765 Boxwood Drive Cambridge Ontario BBS Pro Services Inc. No. 270 19358 96th Avenue Surrey British Columbia AK TECH CO.,LTD Vellage Po Sin, Town Lilin, New Zone ZhongKai Huizhou Guangdong Bellmart Kingtai Industrial Xiamen | Great King Group 4th and 5th Floor, No.
    [Show full text]
  • 2015 Corporate Social Responsibilipy Report 2014 企業社會責任報告書
    2015 CORPORATE SOCIAL RESPONSIBILIPY REPORT 2014 企業社會責任報告書 Editorial Principles This report added the following entities: United Electric Industry Co., Ltd. (“UEI”), Ta Ya Green Energy Technology Co., Ltd. (“Ta Ya Green Energy”), and Ta Ya (Viet Nam) Electric Wire & Cable Joint Stock Company (“Dong Nai”). Ta Ya Group as long been committed to corporate social responsibilities Given Ta Ya Green Energy’s nature as an investment company, disclosures (CSR). We guarantee the continued publication of our CSR Report, with have been made on the contractor: Hengs Technology Co., Ltd (“Hengs”). which we communicate to the public and stakeholders our dedication to business operations, the economy, society, and the environment, dem- Ta Ya (Viet Nam) Electric Wire & Cable Joint Stock Company Hai Duong Branch onstrating our resolve for the pristine homeland. For the benefit of more and the two affiliated enterprises in China: Heng Ya Electric (Kunshan) Ltd. and stakeholders to understand our achievements in CSR, this Report is also Heng Ya Electric (Dongguan) Ltd. were excluded from the boundaries of this published on our official website at report. http://www.taya.com.tw/about_csr/index.php?cat_id=65 The report presents sustainability information in three major aspects: economic, environmental and social. Material topics are disclosed for relevant entities within the group, including the management approach taken and the outcome. Some of Reporting Period the entities that were not disclosed in this report may be disclosed progressively 2015 financial year (January 1, 2015 to December 31, 2015). For full disclosure, over the coming years. part of the contents will refer to information from the 2013 and 2014 financial years.
    [Show full text]
  • Evaluation of Cadmium Concentrations in the Surface Sediments of Salt River Estuary, Taiwan
    The Asian Conference on Sustainability, Energy and the Environment 2013 Official Conference Proceedings Osaka, Japan Evaluation of Cadmium Concentrations in the Surface Sediments of Salt River Estuary, Taiwan Chiu-Wen Chen, Chih-Feng Chen, Cheng-Di Dong National Kaohsiung Marine University, Taiwan 0283 The Asian Conference on Sustainability, Energy & the Environment 2013 Official Conference Proceedings 2013 Abstract Major objectives of this study are to evaluation the pollution and potential ecological risk of cadmium (Cd) in the sediments of Salt River estuary, Taiwan. Nine monitoring stations were installed near the estuary of Salt River to collect sediment samples for analyzing Cd. Results of laboratory analyses show that contents of Cd in the sediments are between 0.25 and 2.54 mg/kg with an average of 1.05±0.85 mg/kg. The spatial distribution of Cd reveals that the Cd concentration is relatively high near the river mouth, and gradually diminishes toward the harbor region. This indicates that upstream industrial and municipal wastewater discharges along the river bank are major sources of pollution. Results from the enrichment factor analysis imply that the sediments can be characterized as minor to severe degree of Cd enrichment. Results of geo-accumulation index analysis indicate that the sediments can be characterized as moderate degree of Cd accumulation. Results of potential ecological risk index indicate that the sediments at Salt River estuary have high to serious ecological potential risk. Keywords: Cadmium, Ecological Risk, Enrichment Factor, Geo-accumulation Index, Sediment. iafor The International Academic Forum www.iafor.org 247 The Asian Conference on Sustainability, Energy and the Environment 2013 Official Conference Proceedings Osaka, Japan 1.
    [Show full text]
  • Taiwan and Los Angeles County
    Taiwan and Los Angeles County Taipei World Trade Center Taiwan and Los Angeles County Prepared by: Ferdinando Guerra, International Economist Principal Researcher and Author Robert A. Kleinhenz, Ph.D., Chief Economist Kimberly Ritter-Martinez, Economist George Entis, Research Analyst February 2015 Los Angeles County Economic Development Corporation Kyser Center for Economic Research 444 S. Flower St., 37th Floor Los Angeles, CA 90071 Tel: (213) 622-4300 or (888) 4-LAEDC-1 Fax: (213)-622-7100 E-mail: [email protected] Web: http://www.laedc.org The LAEDC, the region’s premier business leadership organization, is a private, non-profit 501(c)3 organization established in 1981. GROWING TOGETHER • Taiwan and Los Angeles County As Southern California’s premier economic development organization, the mission of the LAEDC is to attract, retain, and grow businesses and jobs for the regions of Los Angeles County. Since 1996, the LAEDC has helped retain or attract more than 198,000 jobs, providing over $12 billion in direct economic impact from salaries and over $850 million in property and sales tax revenues to the County of Los Angeles. LAEDC is a private, non-profit 501(c)3 organization established in 1981. Regional Leadership The members of the LAEDC are civic leaders and ranking executives of the region’s leading public and private organizations. Through financial support and direct participation in the mission, programs, and public policy initiatives of the LAEDC, the members are committed to playing a decisive role in shaping the region’s economic future. Business Services The LAEDC’s Business Development and Assistance Program provides essential services to L.A.
    [Show full text]
  • Aiwan's New South Policy and Opportunities, Strategy for The
    International Journal of Scientific & Engineering Research ISSN 2229-5518 1 Nguyen Thi Phi Nga ================ ROC-Taiwan’s New Southbound Policy, the opportunities and strategiesIJSER for the Vietnamese enterprises NCCU, College of Commerce, 2020 IJSER © 2020 http://www.ijser.org International Journal of Scientific & Engineering Research ISSN 2229-5518 2 About the author Full name: Nguyen Thi Phi Nga, Ph.D IJSER - Senior Lecturer of the University of Economics and Business, Vietnam National University, Hanoi (VNU) - Visiting Scholar of the National Chengchi University (NCCU). - Taiwan Fellowship Host Scholar: Robin K. Chou Professor of the College of Commerce, NCCU Taipei, 2020 1 IJSER © 2020 http://www.ijser.org International Journal of Scientific & Engineering Research ISSN 2229-5518 3 Content Introduction 3 Chapter 1: Taiwan - Vietnam relation seen from Asian 5 Integration Policy 1.1. Introduction about the Asean Integration Policy 8 1.2. Connecting South Asia and Southeast Asia 37 1.3. Potential of an Asian Economic Community 44 1.4. Taiwan - Vietnam relationship: history and 50 prospect Chapter 2: Vietnam’s position in Taiwan’s New 96 Southbound Policy 2.1. Overview of Taiwan‟s New Southbound Policy 96 2.2. Previous Southbound Policy 101 2.3. Current New Southbound Policy 104 2.4. Policy recommendation 138 2.5. Vietnam‟s position in Taiwan‟s New Southbound 148 IJSER Policy Chapter 3: Strategies for Vietnamese business through 150 Taiwan’s New Southbound Policy 3.1. Similarities and differences between Taiwan and 150 Vietnam 3.2. Strengths and weaknesses of Taiwan and 156 Vietnam 3.3. Strategies for the Vietnamese businesses 201 3.4.
    [Show full text]
  • The Rukai People and Collaborative Conservation in Pingtung, Taiwan
    ASSERTING SOVEREIGNTY THROUGH STRATEGIC ACCOMMODATION: THE RUKAI PEOPLE AND COLLABORATIVE CONSERVATION IN PINGTUNG, TAIWAN By Ying-Jen Lin A DISSERTATION Submitted to Michigan State University in partial fulfillment of the requirements for the degree of Anthropology—Doctor of Philosophy 2020 ABSTRACT ASSERTING SOVEREIGNTY THROUGH STRATEGIC ACCOMMODATION: RUKAI PEOPLE AND COLLABORATIVE CONSERVATION IN PINGTUNG, TAIWAN By Ying-Jen Lin This dissertation examines how the Rukai, an Indigenous people of Taiwan, have engaged in community-based ecotourism and the state’s conservation projects in order to assert Indigenous sovereignty over traditional territories. This study focuses on the Adiri and the Labuwan communities, which are communities of the Rukai people living in the Wutai Township in Pingtung, Taiwan. The two Rukai communities have actively collaborated with the government on various conservation projects although the relationship between Indigenous peoples of Taiwan and the settler state’s forest governance system has been riddled with conflicts. Existing research has portrayed collaborative environmental governance either as an instrument for co-optation of Indigenous interests or as a catalyst for a more equitable relationship between the state and Indigenous peoples. This dissertation builds on and extends this body of work by examining how the Rukai people have continueD to assert sovereignty in the community-based ecotourism and collaborative conservation projects. Using a combination of ethnographic observations, interviews,
    [Show full text]
  • CSR Report 2019
    CONTENT 40 Accountable Governance 40 Business performance 45 Corporate governance 52 Risk management 59 Ethical corporate management 62 Customer service and privacy 67 Information security 71 Sustainable finance 87 Prevention of money laundering, financial fraud and terrorism financing Environmental Management 02 Report information 92 04 Chairman's Message 94 Climate change 06 2019 Awards and Acknowledgments 98 Low-carbon operation and circular economy and Performance Highlights 10 CSR Operation 12 Stakeholder Engagement 32 Sustainable Development Goals 112 Happy Workplace 112 Talent recruitment and retention 119 Human rights 150 Independent assurance opinion statement 122 Professional development 152 Various Certifications 128 Occupational Safety and Health 153 Global Reporting Initiative (GRI) Standards Content Index 158 GRI Financial Services Sector Supplement 158 United Nations Global Compact Principles Social Harmony 159 ISO 26000 Index Content Index 134 Comparison table of the six principles of 160 Community engagement the UN Principles for 134 Responsible Banking (PRB) 143 Digital finance innovation Report information Reporting principles ◆ First Financial Holding Co., Ltd. (hereinafter referred to as "FFHC" or "the Company") published its first corpo- GRI standards: Core option The Global Reporting Initiative, GRI rate social responsibility (CSR) report in 2012 (for GRI guidelines and financial services sector disclosure standards FY2011). To date, the Company has issued annual CSR reports for nine consecutive years, its most recent CSR Code of Conduct for TWSE/GTSM Listed Companies report being issued in June 2019. In addition, it also Taiwan Stock Exchange Corporation The Preparation and Filing of Corporate Social Responsibility Reports by began publishing an English language edition of its TWSE Listed Companies CSR report in 2015 (for FY2014).
    [Show full text]
  • / ID Last Update of Data Factory Production Process Supplier Name
    Please use our contact form if you would like to have the list in another formate. VAUDE Supplier List 2019 1 of 6 pages Factory Production # / ID last update of data Supplier Name Process Country City Address #1 2017 Knitting, Dyeing AB Utenos Trikotazas Lithuania Utena J. Basanaviciaus str.122 #2 2017 Knitting A. Sampaio Portugal San Tirso Rua S. bento da Batalha, n° 76 Taipei World Trade Center Exhibition Hall, Room 2B35, No. 5 Hsin-Yi #3 2017 Zipperpuller Aicare Taiwan Taipei Road, Sec. 5 Cirpici, Veliefendi Yolu No: 49, #4 2018 Weaving, Dyeing Akin Türkei Istanbul Bakirkoy, Istanbul No.175,Lin Hao Road,HangZhou APEX (ZHE JIANG) Economic & Technological #5 2018 Dyeing TEXTILE CO., LTD China Hangzhou Development Area, 1.SEIREN CO.LTD Nitta 1st Plant 60-1, Nittazuka, 1 Chome, Fukui 910- 0067, Japan 2018 Converter ASF Japan Fukui 2.SEIREN CO.LTD Nitta 2nd Plant 60-1,1- Nittazuka, 1 Chome, Fukui #6 910-0067, Japan 7/F East, Warwick House, Taikoo #7 2018 Seamtapes Bemis China Hong Kong Place 979 King´s Road, Quarry Bay ROOM 203, TAEHWA B/D, BONTEX INTERNATIONAL JANGHAN-RO 58, DONGDAEMUN- #8 2017 Weaving, Dyeing, Coating CO., LTD Korea Seoul GU Kwai Chung, N.T. Hong 24/F., Wealty Ind. Bldg., Wing Yip #9 2017 Knit Burltex China Kong Street 2F/8 Alley 30 Lane 358 Rueiguang #10 2018 metal parts, plastic parts Button International Taiwan Neihu District Taipei 11 492 Rd Dyeing; Weaving, 12FL , NO. 81 , CHENG THE ROAD #11 2017 Lamination Carol Textile CO., LTD Taiwan Taipei ., SEC 2 #12 2017 Knitting, Dyeing Carvico S.p.A.
    [Show full text]
  • Industrial Symbiosis in Taiwan: Case Study on Linhai Industrial Park
    sustainability Article Industrial Symbiosis in Taiwan: Case Study on Linhai Industrial Park Nathaniel John Maynard 1, Vaishnav Raj Kanagaraj Subramanian 2, Chien-Yu Hua 3 and Shih-Fang Lo 1,* 1 Chung-Hua Institution for Economic Research, Taipei 10672, Taiwan; [email protected] 2 Graduate Institute of Chemical Engineering, National Taiwan University, Taipei 10672, Taiwan; [email protected] 3 Sinotech Engineering Services Ltd., Taipei 11494, Taiwan; [email protected] * Correspondence: [email protected] Received: 2 April 2020; Accepted: 21 May 2020; Published: 3 June 2020 Abstract: Eco-industrial parks (EIP) are a community of manufacturing businesses which seek better environmental and economic performance by using the principles of Industrial Ecology (IE). In Taiwan, government-designated EIPs have operated since 1995, with 23 industrial parks currently in operation. This study presents a case from Taiwan, the Linhai Industrial park, and analyzes the park’s transition towards industrial symbiosis and resource sharing. Resource sharing modifications resulted in reduced carbon emissions, millions of liters of fuel saved, and thousands of tons of industrial waste recycled. This successful transition was possible because of coordinated government support. Key factors include technological subsidies, policy support, and willing manufacturers. Additional explanations for Linhai’s current success are explored and future areas of research are identified. Keywords: industrial ecology; eco-industrial park; sustainability; industrial symbiosis; Linhai industrial park; Taiwan 1. Introduction Due to increasing world population and living standards, alongside the accumulation of greenhouse gases in the atmosphere, the visibility of sustainability has increased [1]. Sustainable development is defined as “Development that meets the need of the present without compromising the ability of future generations to meet their own needs” [2].
    [Show full text]
  • Tchibo Textile Manufacturers and WPU Jan2021.Xlsx
    Manufacturers and Wet Processing Units: Apparel, Home Textiles, Footwear, Accessories (Jan. 2021) Tchibo publishes all primary manufacturing partners in the categories of apparel, home textiles, footwear and accessories, as well as the wet processing units they use, with their full name, location and country on a semi-annual basis. The employee numbers of the manufacturers are surveyed manufacturers, but not at separate wet processing companies. The list includes manufacturers of Tchibo textile products that are or will be in sale since 6 months before the publication and the wet processing units they used for these products, all manufacturers that are currently registered with the Bangladesh Accord/RSC as active Tchibo producers (also if the former does not apply). Manufacturers Primary manufactures are companies that produce the final textile products for Tchibo and have a direct relationship with Tchibo or via a supplier (agency or importer). They can form the end of a supply chain (Tier 1 or 2) by processing other companies' products - such as fabrics, zippers, buttons - or they are structured to handle most steps within their own factory ("vertical producers"). Wet Processing Units Wet processing units operate along the textile supply chain and include pretreatment, dyeing, printing, finishing, garment finishing and washing, as well as fiber/yarn/fabric production or leather tanning. Depending on the specialization and equipment of the manufacturers, wet processing units are part of vertical producers or they are independent companies. ADRESS COUNTRY FACTORY CATEGORY EMPLOYEES Street Place Zip Code Home Textiles, Wet Austria Seibersdorfer Bettfedern- und Daunenfabrik GmbH Johann-Strauß-Str. 1 Wampersdorf 2485 1 - 500 Processing Bangladesh A.
    [Show full text]
  • Withholding Income
    Preface Taiwan has undergone rapid economic growth for more than five decades. Efforts on the part of enterprises and the government continue to sharpen Taiwan’s competitive edge, which is characterized by an extensive manufacturing base, strong research and development capabilities, a high quality human resource base, and an efficient infrastructure that includes sophisticated telecommunications capacity. The implementation of a policy that focuses on economic growth and major reforms has resulted in a more business-friendly investment climate, liberal monetary measures, and a freer market economy. In competitiveness assessments done by prominent international economic institutions, Taiwan ranks high in favorable investment climate and in competitiveness. According to the 2003-2004 Global Competitiveness Report by the WEF (World Economic Forum), Taiwan ranked fifth in growth competitiveness on a global basis and first in Asia, and sixteenth in business competitiveness. In April 2004, BERI (Business Environment Risk Intelligence) of Switzerland rated Taiwan as the fifth best investment climate in the world and third in Asia, and second in a positive government attitude towards foreign investments. The ROC government looks forward to assisting multinational companies in establishing Taiwan operations as gateway to the Asian Pacific market by utilizing the island’s favorable investment environment and competitiveness, its extensive manufacturing base, and its complete supply chains. To that end, the Industrial Development & Investment Center of the Ministry of Economic Affairs commissioned Deloitte Taiwan to compile this “Cost of Investing in Taiwan” handbook. One objective of the handbook is to help with feasibility studies by foreign investors. It contains information on taxation, investment incentives, and rents at major industrial and office sites; and cost information relating to human resources, water and electricity, and communications.
    [Show full text]
  • Estimate BTEX Concentrations Variations in a Petrochemical Parks Area Using a Geographically and Temporally Weighted Regression Model
    The 40th Asian Conference on Remote Sensing (ACRS 2019) October 14-18, 2019 / Daejeon Convention Center(DCC), Daejeon, Korea TuP-49 Estimate BTEX Concentrations Variations in a Petrochemical Parks Area using a Geographically and Temporally Weighted Regression Model Jhao-Yi Wu (1), Chih-Da Wu (1)(2), Yu-Cheng Chen (2) , Chin-Yu Hsu (2) , Mu-Jean Chen (2) 1 National Cheng Kung Univ., No. 1, Daxue Rd., East Dist., Tainan City 70101, Taiwan. 2 National Health Research Inst., No. 35, Keyan Rd, Zhunan, Miaoli County 35053, Taiwan. Email: [email protected]; [email protected]; [email protected]; [email protected]; [email protected] KEY WORDS: BTEX pollutants; air pollution; Geographically Temporally Weighted Regression (GTWR); petrochemical industrial area. ABSTRACT: Many studies have considered volatile organic carbons (VOCs) such as BTEX (toluene, ethylbenzene, mp-xylene, and o-xylene) as hazardous air pollutants. Besides contributing to the formation of ozone, the further effects of BTEX on health can increase the risk of cancer. The petrochemical industry is a major contributor to BTEX emissions, so determining the variations of these pollutants in the petrochemical industrial area is needed to reduce health risks due to BTEX exposures. In this study, a specific industrial monitoring database was used to collect BTEX data from May 2015 to September 2018 in Kaohsiung Petrochemical Parks area (including Linyuan Industrial Park and Linhai Industrial Park), Taiwan. Land use inventory, MODIS NDVI, digital road network map, temple, Chinese restaurant, thermal power plant, and weather variables were used as potential predictor variables in developing the prediction model.
    [Show full text]