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China Steel
:''There is an unrelated raw material processing company named Sinosteel based in the People's Republic of China (Mainland China).'' China Steel Corporation (CSC; ) is the largest integrated steel maker in Taiwan. Its main steel mill is located in Siaogang District, Kaohsiung. The corporation and its sister companies are administrated under the CSC Group. According to the International Iron and Steel Institute (IISI), China Steel is the 23rd largest steel producer in the world in 2016. History China Steel was planned and organized in 1960s and the corporation was officially established on December 3, 1971. Its adoption of the continuous casting production process, which was later computerized, obtained for the company international competitiveness. On November 1, 1974, CSC began the first stage of construction. Its head office was located in Taipei between 1971 and 1975, but translocated to Kaohsiung since September 15, 1975. The first blast furnace was launched on June 27, ...
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Sinosteel
Sinosteel Corporation (S: 中国中钢集团公司, T: 中國中鋼集團公司, P: ''Zhōngguó Zhōnggāng Jítuán Gōngsī'') is a state-owned enterprise, primarily in mining, trading, equipment manufacturing and engineering. Founded in 1993 and based in the People's Republic of China, it is the country's second largest importer of iron ore. The company used to be under the direct supervision of the State-owned Assets Supervision and Administration Commission. In 2022, it was acquired by state-owned steel conglomerate Baowu. Organization There are 86 subsidiaries under the administration of Sinosteel, among which 63 are in China and 23 abroad. Sinosteel is mainly engaged in mining and processing of minerals; related trading and logistics; construction, engineering, and technical service; and equipment manufacture. It operates in Algeria, Australia, South Africa, India, Singapore, Brazil, the European Union, Gabon, Cambodia, Indonesia, Vietnam, Turkey, Hong Kong, and Macao. ...
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Taipei
Taipei (), officially Taipei City, is the capital and a special municipality of the Republic of China (Taiwan). Located in Northern Taiwan, Taipei City is an enclave of the municipality of New Taipei City that sits about southwest of the northern port city of Keelung. Most of the city rests on the Taipei Basin, an ancient lakebed. The basin is bounded by the relatively narrow valleys of the Keelung and Xindian rivers, which join to form the Tamsui River along the city's western border. The city of Taipei is home to an estimated population of 2,646,204 (2019), forming the core part of the Taipei–Keelung metropolitan area, which includes the nearby cities of New Taipei and Keelung with a population of 7,047,559, the 40th most-populous urban area in the world—roughly one-third of Taiwanese citizens live in the metro district. The name "Taipei" can refer either to the whole metropolitan area or just the city itself. Taipei has been the seat of the ROC central government ...
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Manufacturing Companies Established In 1971
Manufacturing is the creation or production of goods with the help of equipment, labor, machines, tools, and chemical or biological processing or formulation. It is the essence of secondary sector of the economy. The term may refer to a range of human activity, from handicraft to high-tech, but it is most commonly applied to industrial design, in which raw materials from the primary sector are transformed into finished goods on a large scale. Such goods may be sold to other manufacturers for the production of other more complex products (such as aircraft, household appliances, furniture, sports equipment or automobiles), or distributed via the tertiary industry to end users and consumers (usually through wholesalers, who in turn sell to retailers, who then sell them to individual customers). Manufacturing engineering is the field of engineering that designs and optimizes the manufacturing process, or the steps through which raw materials are transformed into a final product. ...
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Steel Companies Of Taiwan
Steel is an alloy made up of iron with added carbon to improve its strength and fracture resistance compared to other forms of iron. Many other elements may be present or added. Stainless steels that are corrosion- and oxidation-resistant typically need an additional 11% chromium. Because of its high tensile strength and low cost, steel is used in buildings, infrastructure, tools, ships, trains, cars, machines, electrical appliances, weapons, and rockets. Iron is the base metal of steel. Depending on the temperature, it can take two crystalline forms (allotropic forms): body-centred cubic and face-centred cubic. The interaction of the allotropes of iron with the alloying elements, primarily carbon, gives steel and cast iron their range of unique properties. In pure iron, the crystal structure has relatively little resistance to the iron atoms slipping past one another, and so pure iron is quite ductile, or soft and easily formed. In steel, small amounts of carbon, other ele ...
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Ten Major Construction Projects
The Ten Major Construction Projects () were the national infrastructure projects during the 1970s in Taiwan. The government of Republic of China believed that the country lacked key utilities such as highways, seaports, airports and power plants. Moreover, Taiwan was experiencing significant effects from the 1973 oil crisis. Therefore, to upgrade the industry and the development of the country, the government planned to take on ten massive building projects. They were proposed by the Premier Chiang Ching-kuo, beginning in 1974, with a planned completion by 1979. There were six transportation projects, three industrial projects, and one power-plant construction project, which ultimately cost over NT$300 billion in total. The Ten Projects # North-South Freeway ( National Highway No. 1) # Electrification of West Coast Line railway # North-Link Line railway # Chiang Kai-shek International Airport (later renamed Taoyuan International Airport) # Taichung Port # Su-ao Port # Large S ...
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List Of Companies Of Taiwan
Taiwan maintains a stable industrial economy as a result of economic growth and industrialization during the late 20th century, being dubbed as one of the Four Asian Tigers along with Hong Kong, Singapore and South Korea. It is a member of both the World Trade Organization and the Asia-Pacific Economic Cooperation. The 21st-largest economy in the world, its high-tech industry plays a key role in the global economy. Largest firms This list shows firms in the Fortune Global 500, which ranks firms by total revenues reported before 31 March 2019. Notable firms This list includes notable companies with primary headquarters located in the country. The industry and sector follow the Industry Classification Benchmark taxonomy. Organizations which have ceased operations are included and noted as defunct. ...
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Formosa Ha Tinh Steel
Formosa Ha Tinh Steel Corporation (Chinese: ''台塑河靜鋼鐵興業責任有限公司'', Vietnamese: ''Công ty TNHH Gang Thép Hưng Nghiệp Formosa Hà Tĩnh'', abbr. FHTS) is a steel plant established in the Vung Ang Economic Zone, Vietnam by the '' Hung Nghiep Formosa Ha Tinh Steel Company'' under the backing of the Taiwanese conglomerate Formosa Plastics Group. Development of the plant began in the 2010s. Steel production started in May 2017. History ''Formosa Ha Tinh Steel Corporation'' was formed in 2008 to establish a large iron and steelmaking plant at a deepwater port in Vietnam. The primary investor and developer was Formosa Plastics Group of Taiwan. In 2010, of land in Kỳ Anh District was allocated to the development company (''Hung Nghiep Formosa Ha Tinh Steel Co'') by Ha Tinh Province. Initially statements by the company estimated a $15 billion development cost to install 7.5 million tons pa steel capacity. In 2012 the developer ''Hung Nghiep Formosa Ha ...
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Carbon Footprint
A carbon footprint is the total greenhouse gas (GHG) emissions caused by an individual, event, organization, service, place or product, expressed as carbon dioxide equivalent (CO2e). Greenhouse gases, including the carbon-containing gases carbon dioxide and methane, can be emitted through the burning of fossil fuels, land clearance, and the production and consumption of food, manufactured goods, materials, wood, roads, buildings, transportation and other services. In most cases, the total carbon footprint cannot be calculated exactly because of inadequate knowledge of data about the complex interactions between contributing processes, including the influence of natural processes that store or release carbon dioxide. For this reason, Wright, Kemp, and Williams proposed the following definition of a carbon footprint: The Greenhouse Gas Protocol has extended the range of gases. The global average annual carbon footprint per person in 2014 was about 5 tonnes CO2e. Although the ...
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Stock
In finance, stock (also capital stock) consists of all the shares by which ownership of a corporation or company is divided.Longman Business English Dictionary: "stock - ''especially AmE'' one of the shares into which ownership of a company is divided, or these shares considered together" "When a company issues shares or stocks ''especially AmE'', it makes them available for people to buy for the first time." (Especially in American English, the word "stocks" is also used to refer to shares.) A single share of the stock means fractional ownership of the corporation in proportion to the total number of shares. This typically entitles the shareholder (stockholder) to that fraction of the company's earnings, proceeds from liquidation of assets (after discharge of all senior claims such as secured and unsecured debt), or voting power, often dividing these up in proportion to the amount of money each stockholder has invested. Not all stock is necessarily equal, as certain classe ...
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Government Of The Republic Of China
The Government of the Republic of China, is the national government of the Republic of China whose ''de facto'' territory currently consists of Taiwan, Penghu, Kinmen, Matsu and other island groups in the "free area". Governed by the Democratic Progressive Party, the president is the head of state. The government consists of the presidency and five branches (Yuan): the Executive Yuan, Legislative Yuan, Judicial Yuan, Examination Yuan, and Control Yuan. Originally established in 1912 in Nanking, the Government of the Republic of China relocated several times before finally moving to Taipei, Taiwan in 1949 because of its military losses in the Chinese Civil War. The government has historically been dominated by the Kuomintang under the Dang Guo authoritarian regime, but the situation has changed as Taiwan evolved into a multi-party democracy. Organizational structure The government formally consists of the presidency and five branches of government, modeled on Sun Yat ...
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Privatize
Privatization (also privatisation in British English) can mean several different things, most commonly referring to moving something from the public sector into the private sector. It is also sometimes used as a synonym for deregulation when a heavily regulated private company or industry becomes less regulated. Government functions and services may also be privatised (which may also be known as "franchising" or "out-sourcing"); in this case, private entities are tasked with the implementation of government programs or performance of government services that had previously been the purview of state-run agencies. Some examples include revenue collection, law enforcement, water supply, and prison management. Another definition is that privatization is the sale of a state-owned enterprise or municipally owned corporation to private investors; in this case shares may be traded in the public market for the first time, or for the first time since an enterprise's previous nationaliz ...
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State-owned Company
A state-owned enterprise (SOE) is a Government, government entity which is established or nationalised by the ''national government'' or ''provincial government'' by an executive order or an act of legislation in order to earn Profit (economics), profit for the Government, government, control monopoly of the Private sector, private sector entities, provide products and services to citizens at a lower price and for the achievement of overall financial goals & developmental objectives in a particular country. The national government or provincial government has majority ownership over these ''state owned enterprises''. These ''state owned enterprises'' are also known as public sector undertakings in some countries. Defining characteristics of SOEs are their distinct legal form and possession of Profit (economics), financial goals & developmental objectives (e.g., a state railway company may aim to make transportation more accessible and earn profit for the government), SOEs ar ...
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